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Local Commerce Data Series: Frequently Asked Questions

The goal of the JPMorgan Chase Institute is to help decision makers appreciate the scale, granularity, diversity, and interconnectedness of the global economic system by using our unique lens to fill in the blind spots left by other data sources. Our Local Commerce (LC) lens provides refreshed insights on the economic conditions in 15 US cities. The LC lens, comprised of over 53 billion credit and debit card transactions, is distinctive because it tracks actual consumer purchases across a variety of consumer and merchant groups. To help users acquaint themselves with this freely available resource, we have compiled answers to a list of common questions.