May. 1, 2013

April 2013 Discover® U.S. Spending Monitorsm Results

Consumer Confidence and Spending Intentions Hold Steady in April

Riverwoods, IL, May 1, 2013- The Discover U.S. Spending Monitor held steady in April, increasing just a one-fourth of a point to 93.7, the third month in a row where the Monitor has moved less than a point in either direction. There was a slight uptick in consumer confidence in the economy and their personal finances. But spending intentions largely remained the same from March to April. The Monitor is a 5-year-old daily poll tracking economic confidence and spending intentions of nearly 8,200 consumers throughout the month.

Economic Outlook

  • The number of respondents rating the economy as good or excellent stayed the same at 18 percent in April. Consumers rating the economy as poor declined one point to 46 percent.
  • Respondents feeling the economy is getting better also remained the same in April at 30 percent. Those consumers who feel the economy is getting worse declined 2 points to 48 percent.

Personal Finances

  • Consumer outlook on their personal finances slightly improved in April.
    • The number of consumers rating their finances as excellent or good increased 1 point to 35 percent.
    • Those who said their finances are improving increased by 2 points to 26 percent. Those expecting their finances to remain the same declined 1 point to 27 percent.
    • Consumers expecting to have money left over after paying the monthly bills declined one point to 48 percent.


Spending Intentions

  • In April, the number of respondents who said they are spending more this month than they did last month declined 3 points to 36 percent. The number who said they plan to spend more in the month ahead stayed the same at 28 percent.


  • Discretionary spending intentions in April largely remained the same as March.
    • Those planning to spend more on major personal purchases increased 1 point to 14 percent.
    • Consumers planning to spend more on household improvements next month increased 1 point to 18 percent.
    • However, those planning to spend more on discretionary personal expenses fell 2 points to 9 percent.
    • Intentions to spend more on saving and investing also declined 2 points to 9 percent.


About Discover U.S. Spending Monitor

The Discover U.S. Spending MonitorSMis a monthly index of consumer spending intentions and capacity that is based on interviews with a random sample of 8,200 U.S. adults conducted at a rate of 275 per night. In addition to spending, the survey asks consumers their opinions on the U.S. economy and their personal finances. The Monitor began in May 2007 with a base index of 100. Surveys are conducted by Rasmussen Reports, an independent survey research firm (

About Discover

Discover Financial Services (NYSE: DFS) is a direct banking and payment services company with one of the most recognized brands in U.S. financial services. Since its inception in 1986, the company has become one of the largest card issuers in the United States. The company operates the Discover card, America’s cash rewards pioneer, and offers home loans, private student loans, personal loans, checking and savings accounts, certificates of deposit and money market accounts through its direct banking business. Its payment businesses consist of Discover Network, with millions of merchant and cash access locations; PULSE, one of the nation’s leading ATM/debit networks; and Diners Club International, a global payments network with acceptance in more than 185 countries and territories. For more information, visit

Source: Discover Financial Services
Matthew Towson, 224-405-5649


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