US Industrials—Card Insights: Credit Card Insights into US Multi-Industry—June ’26 Week 3

Research evidence excerpt

US Industrials—Card Insights: Credit Card Insights into US Multi-Industry—June ’26 Week 3

Viewpoint |

24 Jun 2026 04:00:00 ET │ 13 pages

US Industrials—Card Insights

Credit Card Insights into US Multi-Industry – June ’26 Week 3

CITI'S TAKE

Andrew Kaplowitz AC

We continue to examine a subset of Citi US Credit Card data (June ’26 Week +1-212-816-0642

3; ended 6/20) for potential read-throughs. In the “Auto Bucket”, we andrew.kaplowitz@citi.com

continue to monitor data after a mixed reading this week: 2 subcategories

continued showing positive trends (6th consecutive +ve y/y week) while 1 Vladimir Bystricky

subcategory showed y/y declines. In the “HVAC Bucket”, we do call out a +1-212-816-6595

modest deceleration this week as a potential watch-item following 5 weeks vladimir.bystricky@citi.com

of a general uptrend, and we’ll continue to monitor if this trend continues or

reverses (potentially a read-through for TT/CARR/CSW). In the “Consumer Jose Sulca Flores

Bucket”, overall trends continue to bounce around flattish with Car Washes jose.alonso.sulcaflores@citi.com

(+5.5% y/y) remaining the strongest subcategory.

General Description — Card Insights represent a selected subset of Citi’s credit card

transactions and are not representative of Citi’s overall credit cardholder population.

The data is highly aggregated, anonymized and should be considered in the context

of other economic indicators and publicly available information. All cards included

within Card Insights comprise a panel of more than 10 million US cardholders.

Card Insights Disclaimer and Methodology

Week-over-Week Subsector highlights in June '26 Week 3 (ended 6/20) vs. June

'26 Week 2 (ended 6/13) — We saw the largest acceleration in 1) Welding Repair