Consumer Savings news and trends

Inflation’s Up and Sentiment’s Down as Consumers Pad Their Savings
Economy // March 28, 2025

The push and pull of various pressures — inflation, tariffs and worries about the general state of affairs — has shown up in several economic reports released Friday (March 28). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

EU Saves as US Consumers ‘Drive Global Economic Train’
Consumer Insights // October 06, 2024

European consumers are saving at higher rates than before COVID as their American counterparts spend. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Stronger Q2 Data and Falling Jobless Claims May Offset Consumer Confidence Decline
Economy // September 26, 2024

The latest revision to second-quarter GDP data is the third and final one. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

65% of Low-Income Earners Have Less Than $500 on Hand for Medical Emergencies
Healthcare Financing // May 07, 2024

More than 6 in 10 U.S. consumers who earn below $50,000 annually have less than $500 on hand for medical emergencies — and they are nearly twice as likely than the average American to be in poor health.  Get the Full Story Complete the form...

Interviews & Exclusives
Two-Thirds of Consumers Check Interest Rates When Choosing a Bank

April 25, 2025
How do consumers calculate interest rates as part of their financial planning? A PYMNTS Intelligence study, titled “How Financial Lifestyle Impacts Consumer Perception of High Interest Rates,” surveyed 2,364 U.S. consumers and analyzed additional economic data to explore the financial standing and sentiment amid inflationary pressures and fluctuating interest rates. Get the Full Story Complete […]

Banks Play Important Role in Helping Paycheck-to-Paycheck Consumers Build Savings

November 28, 2023
Amber Carroll, senior vice president of membership and lifecycle strategy at LendingClub, told PYMNTS that U.S. consumers face a cash drain — but proactive planning can go a long way toward...

More than Half of High-Income Consumers Now Live Paycheck to Paycheck

January 30, 2023
Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Stimulus III: Turning Savers Into Spenders Could Define Economic Recovery

March 15, 2021
The next six weeks will arguably be the most impactful slice of economic time since 2008 and maybe of the last 50 years. What many analysts have called “the great...

Quick Reads
EU Saves as US Consumers ‘Drive Global Economic Train’

October 06, 2024
European consumers are saving at higher rates than before COVID as their American counterparts spend. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive […]

Report: Customers Feel Tricked by Banks’ Savings Offerings

February 25, 2024
Consumers are reportedly taking legal action after allegedly being deceived by their banks’ savings offerings. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Fed Weighs Future Rates Hikes as Consumer Spending Persists

October 29, 2023
Just how resilient is the American consumer? It’s a key question facing the Federal Reserve. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

‘Hope Inside Cross River’ Helps Consumers Increase Savings

September 27, 2023
Cross River Bank and Operation Hope say their financial literacy initiative has helped consumers boost their savings. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...