Unemployment dropped 3.8% last month, offering another sign that the U.S. economy is on a slow but steady upward trajectory. And while this news is worth celebrating, it’s worth remembering that there is still a significant portion of U.S. consumers who struggle to make ends...
Living paycheck to paycheck continues to be the predominant financial lifestyle in the United States. As of September 2023, 62% of consumers live paycheck to paycheck, with 22% struggling to pay their monthly bills. Despite efforts to manage budgets, consumers across financial lifestyles report putting...
In May 2023, the Federal Reserve released the Economic Well-Being of U.S. Households in 2022, the latest edition of an annual report often used to measure financial well-being. Since 2013, these reports have tracked consumers’ stated ability to afford a theoretical $400 emergency expense. The...
April 24, 2024
Unexpected expenses can pack a financial punch for any consumer, but for those who are already dealing with credit-related issues, the blow can be especially devastating. Take the credit marginalized, for instance: consumers who have been rejected for at least one credit product in the last year. PYMNTS Intelligence data shows they are on a […]
October 30, 2023
Living paycheck to paycheck continues to be the predominant financial lifestyle in the United States. As of September 2023, 62% of consumers live paycheck to paycheck, with 22% struggling to...
June 26, 2023
In May 2023, the Federal Reserve released the Economic Well-Being of U.S. Households in 2022, the latest edition of an annual report often used to measure financial well-being. Since 2013,...
