Consumer Spending

Consumers Demand Discounts Even When Buying Diamonds Amid Inflation

Consumers Demand Discounts Even When Buying Diamonds Amid Inflation
Consumers Demand Discounts Even When Buying Diamonds Amid Inflation
June 13, 2024  |  Retail

As consumers continue to be concerned about their financial situations, shoppers are looking for deals and discounts even when making major purchases such as buying...

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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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