Consumer Spending

Mixed Economic Signals: Strong Jobs Report, but Declining Confidence
Mixed Economic Signals: Strong Jobs Report, but Declining Confidence
October 07, 2024  |  Economy

Monday (Oct. 7) marked a double dose of economic data that provided a continued diet of mixed signals. First up, the Federal Reserve’s latest data on...

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EU Saves as US Consumers ‘Drive Global Economic Train’
EU Saves as US Consumers ‘Drive Global Economic Train’
October 06, 2024  |  Consumer Insights

European consumers are saving at higher rates than before COVID as their American counterparts spend. As the Financial Times (FT) noted in a report Sunday...

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Card Networks and Issuers See Restaurant Booking Platforms as Top-of-Wallet Opportunity
Card Networks and Issuers See Restaurant Booking Platforms as Top-of-Wallet Opportunity
October 04, 2024  |  Loyalty & Rewards

Dining out is getting more expensive. Consumers continue to spend on their cards, but the pace may be pressured. Issuers want to be top-of-mind and...

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Cautious Consumers Lead Amazon to Join Target in Flat Holiday Hiring Trend
Cautious Consumers Lead Amazon to Join Target in Flat Holiday Hiring Trend
October 03, 2024  |  Amazon

Amazon plans to hire 250,000 workers for the upcoming holiday season, according to a Thursday (Oct. 3) press release. The figure is in keeping with...

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Competition for Early Holiday Shoppers Won’t Start With Black Friday
Competition for Early Holiday Shoppers Won’t Start With Black Friday
October 02, 2024  |  Retail

As the holiday shopping season approaches, retailers are rolling out early sales strategies to capture consumer spending against a backdrop of economic uncertainty. With inflation...

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Rising Car Prices Could Mean Stalling Sales for Automakers
Rising Car Prices Could Mean Stalling Sales for Automakers
October 01, 2024  |  Retail

For automakers, pre-pandemic sales highs might be in the rearview mirror. As The Wall Street Journal (WSJ) reported Tuesday (Oct. 1), the steep price of new vehicles...

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Retailers Face an Uncertain Holiday Season as Consumer Spending Slows
Retailers Face an Uncertain Holiday Season as Consumer Spending Slows
September 27, 2024  |  Economy

Consumers pulled back a bit on their spending increases in August, notching the slowest growth since the beginning of the year. The latest data from...

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Stronger Q2 Data and Falling Jobless Claims May Offset Consumer Confidence Decline
Stronger Q2 Data and Falling Jobless Claims May Offset Consumer Confidence Decline
September 26, 2024  |  Economy

The latest revision to second-quarter GDP data is the third and final one. According to the newest data from the Bureau of Economic Analysis, real...

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Shifting Digital Payment Trends Prompt New Visa Credential System
Shifting Digital Payment Trends Prompt New Visa Credential System
September 26, 2024  |  VISA

For decades, different payment cards existed to serve different purposes: Credit cards have offered the option to pay in full or revolve and pay the...

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