Consumer Spending

How Different Households Spend: 3 Big Ideas From ‘The Last Transaction’ Report
How Different Households Spend: 3 Big Ideas From ‘The Last Transaction’ Report
July 22, 2024  |  Consumer Insights

The economic landscape has been particularly turbulent over the past year, and its effects on the behaviors of different kinds of households are becoming increasingly...

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Gen Z Drives Travel Spending Surge for Live Events
Gen Z Drives Travel Spending Surge for Live Events
July 22, 2024  |  Travel Payments

As young consumers look for meaningful, in-person experiences, more are traveling for ticketed events, driving vacation spending. A recent report from Allianz Partners found that...

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Pressures on Lower-Income Consumers Signal Pain for Beauty and Apparel Merchants
Pressures on Lower-Income Consumers Signal Pain for Beauty and Apparel Merchants
July 22, 2024  |  Economy

T.S. Eliot wrote that the world would end not with a bang but a whimper. It may be the case that the unstoppable wave of...

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Retailers Woo Paycheck-to-Paycheck Parents With Back-to-School Deals
Retailers Woo Paycheck-to-Paycheck Parents With Back-to-School Deals
July 22, 2024  |  Retail

As budget-strapped consumers seek deals to help alleviate the financial burden of their back-to-school shopping, brands are rolling out lower-priced and/or discounted goods to win...

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CE 100 Index Falters 0.8% as CrowdStrike Plunges on Global IT Outage
CE 100 Index Falters 0.8% as CrowdStrike Plunges on Global IT Outage
July 22, 2024  |  Connected Economy

The CE 100 Index faltered 0.8% in a week that reminded us just how connected we all are — by software, hardware, and apps —...

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Fast Food Brands Struggle as Consumer Sentiment Sours
Fast Food Brands Struggle as Consumer Sentiment Sours
July 21, 2024  |  Retail

Restaurant stocks have been struggling this summer, though it’s not quite clear why. As Seeking Alpha reported Sunday (July 21), weakening consumer confidence and consumer...

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Chinese Consumers Remain Cautious, Investing Instead of Spending
Chinese Consumers Remain Cautious, Investing Instead of Spending
July 19, 2024  |  Consumer Finance

Chinese consumers are reportedly choosing to repay debt and buy wealth management products, despite government efforts to get them to spend. The country’s consumers put less...

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Amex Earnings: Gen Z, Millennials Drive Credit Card Volume Growth
Amex Earnings: Gen Z, Millennials Drive Credit Card Volume Growth
July 19, 2024  |  Earnings

American Express earnings released on Friday (July 19) show that consumers continue to spend on experiences — particularly on dining out, and that momentum belongs...

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Discover Financial Sees Card Spending Decline as Consumers Remain ‘Cautious’
Discover Financial Sees Card Spending Decline as Consumers Remain ‘Cautious’
July 18, 2024  |  Earnings

Discover Financial Services reported second-quarter results that indicated consumers are turning to debit transactions, while the company’s card sales slipped year on year. CFO John...

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