As seen in current events such as LVMH’s lackluster revenue picture announced Monday (April 14), which showed a decided pullback in luxury spending due to uncertainty in the economy, consumer spending patterns are changing. But know this: When the economy seems uncertain, consumers still get...
If consumer spending forms the foundation of the American economy, tariffs could represent an earthquake. 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,...
The latest data on consumer borrowing indicates that households pared back on debt — overall — in February amid headlines and uncertainty about tariffs. Spending on credit cards inched up, at an anemic pace. Get the Full Story Complete the form to unlock this article...
In recent years, the narrative of financial insecurity has predominantly centered on middle and lower-income groups. 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...
Flexibility is the best weapon against uncertainty, especially during times of economic uncertainty. We pivot in the face of inflation, adjust our discretionary spending, trade down or make trade-offs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
When economic winds shift, so do consumer spending habits. But not always in expected ways. 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,...
With the end of the COVID-19 pandemic, return to office has become the dominant work mode. 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...
Forget the open road and the roar of the engine. A new generation, the zillennials (those born between 1991 and 1999), are approaching transportation with a distinctly different mindset than their predecessors. Get the Full Story Complete the form to unlock this article and enjoy...
The influence of influencers when it comes to commerce may be a bit overstated. 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...