Consumer Spending

Wells Fargo Expects Continued Slowing of the Economy 
Wells Fargo Expects Continued Slowing of the Economy 
October 13, 2023  |  Earnings

Wells Fargo saw net charge-offs increase, loan demand decrease and average deposits decline during the third quarter.  Get the Full Story Complete the form to unlock...

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JPMorgan Chase Card Spending Grows 8% as Consumers Draw Down Deposits
JPMorgan Chase Card Spending Grows 8% as Consumers Draw Down Deposits
October 13, 2023  |  Earnings

Banking juggernaut J.P. Morgan Chase reported earnings on Friday (Oct. 13) that showed resilient card spending, but a drawdown of deposits and a gradual uptick...

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Budget-Conscious Chinese Consumers Drive Sales for Value-Focused Companies
Budget-Conscious Chinese Consumers Drive Sales for Value-Focused Companies
October 13, 2023  |  Retail

Companies that cater to budget-conscious Chinese consumers have reportedly seen sales soar, while their upmarket rivals have struggled to keep up. Get the Full Story...

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Amazon Prime Members Bagged $1 Billion in October Deal Day Savings
Amazon Prime Members Bagged $1 Billion in October Deal Day Savings
October 13, 2023  |  Retail

This week, Amazon and Walmart have been locked in intense competition, each striving to secure the loyalty and spending of shoppers.   Get the Full Story...

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Restaurants Feel Pullback as 85% of Consumers Strain Under Inflation
Restaurants Feel Pullback as 85% of Consumers Strain Under Inflation
October 12, 2023  |  Consumer Insights

With consumers overwhelmingly noticing the effects of price increases in their day-to-day lives, per PYMNTS Intelligence, restaurants are seeing diners cut back. Get the Full...

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No Relief in Sight for Paycheck-to-Paycheck Consumers Amid Inflation
No Relief in Sight for Paycheck-to-Paycheck Consumers Amid Inflation
October 12, 2023  |  Economy

The latest inflation readings are in. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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Domino’s: Pickup Sales Continue to Rise as Delivery Falls
Domino’s: Pickup Sales Continue to Rise as Delivery Falls
October 12, 2023  |  Earnings

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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From Shopping Hauls to Experiences, Consumers Tap Overbuying Trend 
From Shopping Hauls to Experiences, Consumers Tap Overbuying Trend 
October 12, 2023  |  Retail

We’ve probably all observed the trend in minimalism. One component of the trend focuses on only acquiring essential items. While the minimalist aesthetic has gained...

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Subprime Consumers Are ‘Credit Marginalized’ as Spending Lifelines Dry Up
Subprime Consumers Are ‘Credit Marginalized’ as Spending Lifelines Dry Up
October 11, 2023  |  Consumer Finance

Through the next few months, the purses and wallets will open in anticipation of holiday spending. Get the Full Story Complete the form to unlock...

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