Consumer Spending

Deflation Trend Could Pull Inflation Back to 2%
Deflation Trend Could Pull Inflation Back to 2%
December 03, 2023  |  Economy

Deflation has made its presence known, and could help bring inflation down to 2%. That’s according to a Sunday (Dec. 3) report by The Wall...

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Consumers Take Advantage of Deals, BNPL as Holiday Shopping Kicks Off
Consumers Take Advantage of Deals, BNPL as Holiday Shopping Kicks Off
December 01, 2023  |  Retail

Despite economic uncertainty, consumers have been spending in the week after Thanksgiving to complete a portion of their holiday shopping and take advantage of the...

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Ulta Rings up Beauty Value for Shoppers
Ulta Rings up Beauty Value for Shoppers
December 01, 2023  |  Retail

Ulta Beauty is delivering bargains and luring customers. During an earnings call with investors Thursday (Nov. 30), CEO Dave Kimbell shared that the retailer experienced...

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Fed: Smaller Banks Report Pressure on Commercial Loan Demand
Fed: Smaller Banks Report Pressure on Commercial Loan Demand
November 30, 2023  |  Economy

The Federal Reserve’s Beige Book — released eight times a year — collects qualitative observations about current economic conditions across the central bank’s dozen districts....

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Decreased Consumer Savings Mean Holiday Spending Cutbacks
Decreased Consumer Savings Mean Holiday Spending Cutbacks
November 30, 2023  |  Consumer Finance

Despite positive Black Friday numbers, where consumers stretched their budgets to do some shopping, data suggests that the rest of the holiday shopping season may be...

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Lack of Split-Pay Option May Cost Merchants 22% of Customers
Lack of Split-Pay Option May Cost Merchants 22% of Customers
November 30, 2023  |  Payment Methods

Merchants can maximize their competitiveness by offering split-pay options — and should do so if they don’t want to lose potential sales or want to...

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Family Dollar Sales Challenged Amid ‘Notable’ Spending Pullback
Family Dollar Sales Challenged Amid ‘Notable’ Spending Pullback
November 29, 2023  |  Earnings

Family Dollar’s parent company is evaluating the chain following a decline in spending among lower-income shoppers. Dollar Tree CEO Rick Dreiling made that announcement Wednesday (Nov. 29) after the company’s...

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Q3 GDP Is Strong but Real Disposable Income Lags Spending Growth
Q3 GDP Is Strong but Real Disposable Income Lags Spending Growth
November 29, 2023  |  Economy

The latest report from the Bureau of Economic Analysis, released on Wednesday (Nov. 29), noted the U.S. economy grew 5.2% annualized, as measured in the...

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28% of US Consumers Shopped Exclusively Online on Black Friday
28% of US Consumers Shopped Exclusively Online on Black Friday
November 29, 2023  |  eCommerce

eCommerce continues to gain ground among Black Friday shoppers. According to PYMNTS Intelligence in the study “Black Friday 2023: Consumers Widen Their Search for Holiday...

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