Consumer spending, the main engine that drives the U.S. economy, continues to lay a solid foundation for growth. The Bureau of Economic Analysis published Thursday (Aug. 28) its second estimate for the second quarter of the year’s GDP. The headline number indicated that real GDP...
They’re not just digital natives, they’re digital pragmatists. Gen Z has quietly rewritten how Americans shop, save, spend, hustle and heal, and the rest of the market is already catching up. “The Gen Z Decoder Ring,” from PYMNTS Intelligence, draws on 25,000+ consumer responses to decode...
This week will see Walmart and other major U.S. retailers report their quarterly earnings. And as Bloomberg News noted in a report Saturday (Aug. 16), these numbers will offer a glimpse into how U.S. consumers are coping with White House tariffs. While consumer spending has...
When it comes to escaping the paycheck-to-paycheck grind, men are more likely than women to think they can simply tighten their belts. However, women, who are responsible for managing daily expenses, have a better sense of what can and can’t be cut when it comes...
By the 1920s, cars and telephones had changed how people connected. Young adults could travel on their own and make plans without meeting in person. It felt revolutionary to their parents, but they were still doing what people had always done. They met friends, went...
Consumer credit presents a challenge for financial institutions, as new research reveals revenue and customer relationships at stake when preferred payment methods become unavailable. The PYMNTS Intelligence report “What Consumers Do When Their Go-to Credit Choice Is Unavailable” examines how consumers manage expenses when their...
The global payment landscape is undergoing a quiet but profound transformation, with the widespread adoption of mobile wallets hinging less on technological availability and more on a nuanced understanding of consumer behavior and underlying motivations. A new report from PYMNTS Intelligence, titled “Pocket Revolution: How...
A new report from PYMNTS Intelligence reveals a nuanced landscape of consumer shopping and payment habits, challenging some long-held assumptions about generational digital divides and highlighting the distinct influences of shopping channels on consumer choice. The “How People Pay: Payment Choice Depends on Shopping Channel”...
Social media influencers captivate audiences and drive purchases for more than half of consumers in the United States. The PYMNTS Intelligence exclusive report “Generational Pulse: Just How Influential Are Influencers?” examines these influencers’ role in consumer shopping behavior and finds they have a more nuanced...