Consumer Spending

45% of Consumers Used Credit Card Installment Plans In Past Year
45% of Consumers Used Credit Card Installment Plans In Past Year
September 28, 2023  |  Consumer Payments

Installment plans have become an increasingly important payment method that many shoppers prefer. Across age groups and income brackets, 60% of consumers use installment plans...

READ MORE >
Holiday Season Will Put Pressure on Consumers’ Grocery Budgets
Holiday Season Will Put Pressure on Consumers’ Grocery Budgets
September 27, 2023  |  Economy

During seasons of high spending, such as over the holidays, many consumers are forced to cut back on basic needs such as food and beverages,...

READ MORE >
US Durable Goods Orders Climb as Consumer Confidence Falls
US Durable Goods Orders Climb as Consumer Confidence Falls
September 27, 2023  |  Economy

U.S. durable goods orders climbed unexpectedly in August, per new government data. Get the Full Story Complete the form to unlock this article and enjoy...

READ MORE >
Trade-Offs and Trade-Downs May Be Keys to Getting the Holiday Shopping Done
Trade-Offs and Trade-Downs May Be Keys to Getting the Holiday Shopping Done
September 27, 2023  |  Consumer Finance

With October just about to dawn, many stores are already prodding consumers to think about the holiday shopping season, where December looms as a make-or-break...

READ MORE >
27% of Consumers Skip Restaurant Purchases Altogether
27% of Consumers Skip Restaurant Purchases Altogether
September 26, 2023  |  Consumer Insights

As restaurants look to drive traffic amid menu price inflation, more than 1 in 4 consumers are not making restaurant purchases at all, PYMNTS Intelligence...

READ MORE >
Consumer Confidence Data Points to Worries Over Income and Possible Recession
Consumer Confidence Data Points to Worries Over Income and Possible Recession
September 26, 2023  |  Consumer Insights

Consumers are less than sanguine about their near-term income prospects. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

READ MORE >
UNFI Says CPG Brands Will Need to Step Up Deals to Get Customers Back
UNFI Says CPG Brands Will Need to Step Up Deals to Get Customers Back
September 26, 2023  |  Earnings

As grocery inflation normalizes, United Natural Foods, Inc. (UNFI) expects brands to start offering more deals and discounts, which the company sees as a necessary...

READ MORE >
Gen X Turns to BNPL as Student Loan Repayment Trims Discretionary Spend
Gen X Turns to BNPL as Student Loan Repayment Trims Discretionary Spend
September 26, 2023  |  Buy Now Pay Later

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

READ MORE >
New Homes and Cars ‘Completely Unaffordable’ Amid High Interest Rates, Says Moody’s
New Homes and Cars ‘Completely Unaffordable’ Amid High Interest Rates, Says Moody’s
September 26, 2023  |  Economy

The Federal Reserve indicated last week that higher interest rates will likely stick around. Get the Full Story Complete the form to unlock this article and enjoy...

READ MORE >