There are 160 million MasterCard transactions per hour, and online spending makes up about one in every five of those.
When shoppers buy a lot of something, take for example car tyres, it means a decline in new car sales is just around the corner; you don't improve your old car if you are planning on buying a new one.
Sarah Quinlan is the senior vice president and group head of market insights for the analytics and insights consulting unit of MasterCard, and joined Paul Henry to discuss.