Markets and Economy

Shedding Light on Daylight Saving Time

In its most recent report, the JPMorgan Chase Institute measures the impact of Daylight Saving Time on consumer spending.
JPMorgan Chase Institute
November 10, 2016

Every year, over 300 million Americans observe Daylight Saving Time (DST). Advocates of DST argue that the policy increases consumer spending, thereby providing the economy with a boost. The actual effects, however, are difficult to measure.

In its new report, "Shedding Light on Daylight Savings Time," the JPMorgan Chase Institute used over 380 million transactions from over 2.5 million customers in Los Angeles and Phoenix to measure consumer responses to the beginning and end of DST from October 2012 to June 2015.

Key findings of this report include:

Find out more in the full report.

Read the report

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