paycheck-to-paycheck

Primark Owner Forecasts Uptick in Lower-Income Consumer Confidence
Primark Owner Forecasts Uptick in Lower-Income Consumer Confidence
November 05, 2024  |  Retail

The head of Associated British Foods has predicted rising confidence among lower-income consumers. As the Financial Times (FT) reported Tuesday (Nov. 5), George Weston made...

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Will Slight Improvement in Overall Jobs Outlook Boost Confidence to Keep Spending?
Will Slight Improvement in Overall Jobs Outlook Boost Confidence to Keep Spending?
November 04, 2024  |  Economy

On its surface, last week’s job report was anemic at best and confounding at worst. And where there’s a cloudy picture on job prospects, the...

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Wells Fargo: Rate Cut Should Ease Pressure on Lower-Income Consumers
Wells Fargo: Rate Cut Should Ease Pressure on Lower-Income Consumers
October 11, 2024  |  Economy

Lower inflation and interest rates may give some relief to consumers who need it most, Wells Fargo CEO Charlie Scharf said Friday (Oct. 11). Speaking...

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Mass Market Retailers Cut Prices to Win Budget-Conscious Shoppers This Holiday Season
Mass Market Retailers Cut Prices to Win Budget-Conscious Shoppers This Holiday Season
October 10, 2024  |  Retail

As we approach the holiday season, mass merchants and dollar stores are unveiling a plethora of new deals designed to attract budget-conscious consumers grappling with...

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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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Soaring Food and Housing Costs Strain Lower-Income Households
Soaring Food and Housing Costs Strain Lower-Income Households
September 25, 2024  |  Economy

The latest data from the Bureau of Labor Statistics on Consumer Expenditures underscores what PYMNTS Intelligence has found for months: Food and shelter, among the...

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Dollar General Looks to In-Store Experiences to Attract Consumers
Dollar General Looks to In-Store Experiences to Attract Consumers
September 16, 2024  |  Retail

Dollar General’s second-quarter results show the impact of inflation on its primary customer base, and the retailer is doubling-down on in-store experiences to attract shoppers....

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Mixed Signals: Inflation Slows to 3-Year Low, Yet Essential Costs Rise
Mixed Signals: Inflation Slows to 3-Year Low, Yet Essential Costs Rise
September 11, 2024  |  Economy

The pace of price increases overall is slowing. But the costs of some key essentials remain stubbornly high, and they ticked higher in August. The...

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Labor Market Slows, Dimming Hopes of Workers Looking to Change Jobs
Labor Market Slows, Dimming Hopes of Workers Looking to Change Jobs
September 06, 2024  |  Economy

On the face of it, the jobs report released Friday (Sep. 6) had some good news — at least for those looking for confirmation that...

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