Consumers face a multitude of choices when it comes to credit products, and their decision-making process is influenced by several key factors — their assessments are about far more than just getting a good rate. The PYMNTS Intelligence study “Credit Union Innovation: How Credit Products’ Rates...
Despite inflationary pressures and all the voices warning that this year’s Black Friday was going to be one of restraint, nearly 8.6% more consumers say they spent more during Black Friday as compared to the previous one. Similarly, online sales in the U.S. registered a...
The latest data from The Conference Board showed that consumer confidence rebounded a bit in November. The question remains as to how long, or whether, the bounce can last. The overall reading came in at 102, up from the 99.1 seen in October. But diving...
As connected devices make consumers multitask more across their day-to-day routines, PYMNTS Intelligence finds which activities prompt people to split their focus, and which command their full attention. Due in large part to the proliferation of smartphones and other connected devices, multitasking has become the...
Amid the festive cheer, the holiday season is also accompanied by economic uncertainties and inflationary pressures. Consequently, numerous consumers in the United States are gearing up to reduce their spending this year. However, they are not willing to skimp on gifts and are finding ways...
As the holiday season pressures budgets, most consumers plan to reduce their spending on restaurant dining. By the Numbers The PYMNTS Intelligence study “The Credit Economy: How Consumers Are Approaching Holiday Spending and Travel,” created in collaboration with i2c, drew from a survey of more...
Even when consumers are ordering restaurant meals for pickup, PYMNTS Intelligence reveals, the majority would rather not be limited to exclusively making purchases via mobile device. By the Numbers The PYMNTS Intelligence study “The Digital Divide: Technology, the Metaverse and the Future of Dining Out”...
Household composition, particularly the ratio between income earners and household members, is a critical factor in assessing a consumer’s financial stability, especially with the escalating costs of essentials like food and housing straining American households. In the Finances Deep Dive Edition of “New Reality Check: The Paycheck-to-Paycheck...
Consumers’ expectations on the economy — and particularly inflation — continue to sour. And they seem to be girding for price pressures to be firmly in place. To that end, the University of Michigan found in its preliminary results for November that overall U.S. consumer sentiment...
