Consumer Spending

Inflation Moderates; But Consumers Pay More on Rent and Dining Out
Inflation Moderates; But Consumers Pay More on Rent and Dining Out
June 12, 2024  |  Economy

The headline number on inflation indicates a slight cooling of the pace of rising prices, at least in May. Get the Full Story Complete the...

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Consumer Spending Shows Signs of Summer Recovery, but Retailers Are Cautious
Consumer Spending Shows Signs of Summer Recovery, but Retailers Are Cautious
June 11, 2024  |  Retail

Consumer spending is beginning to show signs of recovery going into the summer, but major retailers are not getting their hopes up. Get the Full...

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Bank of America Executive Says Consumers Still Spending Pandemic-Era Savings
Bank of America Executive Says Consumers Still Spending Pandemic-Era Savings
June 11, 2024  |  Economy

Consumer spending is still being driven by savings that built up during the pandemic, Bank of America President of Regional Banking Dean Athanasia said Tuesday...

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World Bank: Global Growth Still Lower Than Pre-COVID
World Bank: Global Growth Still Lower Than Pre-COVID
June 11, 2024  |  Economy

A new report from the World Bank has good news and bad news about the global economy. Get the Full Story Complete the form to...

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Consumers Splurge on Specialty Fashion Brands Amid Inflation
Consumers Splurge on Specialty Fashion Brands Amid Inflation
June 10, 2024  |  Retail

Amid financial uncertainties, U.S. consumers are becoming more discerning in what nice-to-have retail products they are willing to indulge in, shifting their purchasing away from...

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Consumers May Dig Into Savings as Long-Term Inflation Expectations Creep Up
Consumers May Dig Into Savings as Long-Term Inflation Expectations Creep Up
June 10, 2024  |  Consumer Insights

Through scores of reports on the paycheck-to-paycheck economy, PYMNTS Intelligence has found that there’s a commonality across income levels and demographics:  Get the Full Story...

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Discount Retailers See Sales Upticks as Paycheck-to-Paycheck Shoppers Trade Down
Discount Retailers See Sales Upticks as Paycheck-to-Paycheck Shoppers Trade Down
June 10, 2024  |  Retail

As inflation continues to erode purchasing power, financially unstable consumers, squeezed by higher prices on everything from groceries to gasoline, are increasingly turning to discount...

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eCosmetics Co-Founder Bridges the Trust Gap for Online Beauty Shoppers
eCosmetics Co-Founder Bridges the Trust Gap for Online Beauty Shoppers
June 10, 2024  |  eCommerce

As beauty brands look for ways to gain digital shoppers without being able to offer in-store product trials, eCosmetics is seeing sampling prove vital to...

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April Fed Report Shows Consumers Prioritize Credit Card Paydowns Over Spending, a Little
April Fed Report Shows Consumers Prioritize Credit Card Paydowns Over Spending, a Little
June 07, 2024  |  Credit Cards

Consumers are moving toward paying down at least some of what they owe on their credit cards. Get the Full Story Complete the form to...

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