Consumer Spending

‘Green Shoots’ Or Scorched Earth: What We’ve Learned From Banks And Payment Networks’ Latest Earnings Calls
‘Green Shoots’ Or Scorched Earth: What We’ve Learned From Banks And Payment Networks’ Latest Earnings...
May 04, 2020  |  Banking

Amid the coronavirus pandemic and recessions, the old saying in life might hold true in business, and in particular for firms that rely on consumer...

READ MORE >
As Pandemic Reshapes Consumer Behavior And Credit Risk: In AI We Trust?
As Pandemic Reshapes Consumer Behavior And Credit Risk: In AI We Trust?
May 01, 2020  |  Artificial Intelligence

The hoarding might be done. Toilet paper is no longer a precious commodity. Grocery shelves are (relatively) well-stocked. As the pandemic continues to take root in the...

READ MORE >
Amazon, Walmart Vie For Consumer Loyalty Amid Supply Chain Pain
Amazon, Walmart Vie For Consumer Loyalty Amid Supply Chain Pain
April 30, 2020  |  Walmart Amazon whole paycheck

While the ongoing race for the consumer’s whole paycheck is always fairly fast-paced, the past few weeks have redefined the meaning of that term. Supply...

READ MORE >
Economic Data Show ‘One-Two Punch’ For Consumer Spending Rebound?
Economic Data Show ‘One-Two Punch’ For Consumer Spending Rebound?
April 30, 2020  |  Economy

Economic data released Thursday (April 30) may hint at a “one-two punch” for consumer spending — indicating a reluctance to spend now, yes, but paycheck...

READ MORE >
March Consumer Spending Sees Sharpest Drop On Record
March Consumer Spending Sees Sharpest Drop On Record
April 30, 2020  |  Economy

Consumer spending in the U.S. plummeted 7.5 percent in March, the steepest drop in 61 years, as the coronavirus pandemic continues to ravage personal income,...

READ MORE >
Global Retail Sales Projected To Fall 9.6 Pct On Average
Global Retail Sales Projected To Fall 9.6 Pct On Average
April 30, 2020  |  Retail

Amid the impacts of the coronavirus pandemic, Forrester forecasts that global retail sales this year will drop by an average of 9.6 percent around the...

READ MORE >
Stimulus Relief Checks: Less Spending, More Saving
Stimulus Relief Checks: Less Spending, More Saving
April 28, 2020  |  Economy

Starting last week, the COVID-19 stimulus funds began hitting the bank accounts of citizens nationwide. All in, the $290 billion program – part of the $...

READ MORE >
Reinvention Key To Reopening The Economy
Reinvention Key To Reopening The Economy
April 28, 2020  |  Coronavirus

In good times we talk about the hockey stick shape, to symbolize up-and-to-the-right growth. In 2020 the metaphor being tossed about involves the letter “V.”...

READ MORE >
PSCU Says CU Spending Up With Stimulus Funds Arriving
PSCU Says CU Spending Up With Stimulus Funds Arriving
April 27, 2020  |  Credit Unions

Credit union service organization (CUSO) PSCU compared the week ending April 19, 2020, to the same time frame in 2019 to discover what impact the...

READ MORE >