Credit card use is on a national decline.
According to the Atlanta Business Journal, credit card use slowed in July and many electronic payment companies are reporting slowed dollar volume growth on credit cards. Overall year-over-year dollar volume growth has taken a sharp decline in the previous months. High-end consumers are limiting their credit spending due to uncertainty of the economic climate.
To read full article, click here: http://www.bizjournals.com/atlanta/news/2011/08/09/first-data-credit-card-use-slowing.html