nonessential spending

BofA: Spending Growth Slowing Among All Income Groups

BofA: Spending Growth Slowing Among All Income Groups
BofA: Spending Growth Slowing Among All Income Groups
May 11, 2025  |  Consumer Insights

New research from Bank of America (BofA) shows consumer spending slowing for all income levels. Get the Full Story Complete the form to unlock this...

READ MORE >
Consumer Belt-Tightening Could Cost the US Economy $92 Billion This Year
Consumer Belt-Tightening Could Cost the US Economy $92 Billion This Year
April 27, 2025  |  Economy

Do the math. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

READ MORE >
Corporate Bankruptcies Surge as Consumers Cut Back
Corporate Bankruptcies Surge as Consumers Cut Back
July 14, 2024  |  Economy

U.S. corporate bankruptcies are at a level not seen since the early days of COVID. Get the Full Story Complete the form to unlock this...

READ MORE >
Express Files for Bankruptcy as Gen Z Shoppers Redefine Fast Fashion
Express Files for Bankruptcy as Gen Z Shoppers Redefine Fast Fashion
April 22, 2024  |  Retail

With young consumers’ fashion habits rapidly evolving alongside quickly changing social media trends, Express has not been able to keep up. Get the Full Story...

READ MORE >
Gen Z Shows Resilience to Inflation but Adjusts Shopping Habits
Gen Z Shows Resilience to Inflation but Adjusts Shopping Habits
December 20, 2023  |  Consumer Insights

Gen Z, born in the late 1990s, is considered the first digitally native generation, with a greater inclination toward online shopping and digital activities and...

READ MORE >
Men With Higher Savings Tend to Splurge More Than Women
Men With Higher Savings Tend to Splurge More Than Women
October 19, 2023  |  Consumer Insights

Consumers who indulge in extravagant spending across various product and service categories typically maintain significantly higher savings. Get the Full Story Complete the form to...

READ MORE >