Good economic news from…Mint.com?

Mint has published some charts that show a consumer comeback story here: Black Friday 2009 – Black Friday Sales Numbers Walmart, Best Buy, Target | MintLife Blog | Personal Finance News & Advice. This is good news overall.

What I find interesting as an aside, though, is that Mint, because it has access to alot of personal data, could potentially be a source of economic information that is unique. For example, they could aggregate information about saving and spending patterns and start making predictions better than others. And it wouldn’t have to be intrusive. People could allow for their data to be aggregated in exchange for better services.

About these ads

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s