Consumer Spending

US Retail Sales Increase In January
US Retail Sales Increase In January
March 11, 2019  |  Retail

With a rise in discretionary spending and building materials purchasing, retail sales in the U.S. increased by 0.2 percent in January. At the same time,...

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The Whole Paycheck Tracker: Walmart vs. Amazon
The Whole Paycheck Tracker: Walmart vs. Amazon
March 08, 2019  |  Walmart Amazon whole paycheck

There is a possibly apocryphal story of Amazon’s early days (around 2001) where Founder Jeff Bezos was invited to Bentonville, Arkansas to discuss the possibility...

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Inside Amazon’s Play For Grocery Dominance
Inside Amazon’s Play For Grocery Dominance
March 04, 2019  |  Amazon

Amazon is making a bigger play for grocery, one that reportedly involves opening physical stores in multiple big U.S. cities, an effort that comes as...

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How Voice Is Turbocharging The Autonomous Vehicle Ecosystem
How Voice Is Turbocharging The Autonomous Vehicle Ecosystem
March 04, 2019  |  Ecosystems

Allow us at PYMNTS to take a brief step back and admire the landscape — in this case, the growing, though still young, connected vehicle...

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Personal Income, Consumer Spending Signal Weak Q1 Growth
Personal Income, Consumer Spending Signal Weak Q1 Growth
March 03, 2019  |  Economy

Amid the biggest drop in consumer spending since 2009, personal incomes in the U.S. declined for the first time in over three years. The moves...

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US Economic Growth In 4Q Not As Bad As Expected
US Economic Growth In 4Q Not As Bad As Expected
February 28, 2019  |  Economy

With the tax cut in the rear window, the growth in the U.S. economy slowed to an annual rate of 2.6 percent during the last...

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Picking Up The Pace Of Payments To Stay Competitive
Picking Up The Pace Of Payments To Stay Competitive
February 28, 2019  |  Today In Data

Consumers have been trained – by Venmo and other P2P payments providers in the U.S. and around the world – to expect to be able...

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Young Adults Have Record Debt Surpassing $1T
Young Adults Have Record Debt Surpassing $1T
February 25, 2019  |  Debt

Americans between the ages of 19 and 29 ended 2018 collectively owing more than $1 trillion in debt, the highest level for young adults since...

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Walmart Grows eCommerce By 43 Pct In Q4
Walmart Grows eCommerce By 43 Pct In Q4
February 20, 2019  |  Earnings

Things have warmed up for Walmart over the winter. The retail landscape had been littered with disappointing earnings reports, worries over the impact of a...

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