After weeks of delay, a fresh wave of government data is finally offering a clearer snapshot of how consumers and workers in the United States have weathered months of tariff uncertainty, higher interest rates and uneven job growth heading into the holidays. The picture that...
Inflation expectations are steady, but households are not. The latest results from the Federal Reserve Bank of New York released on Monday (Dec. 8th) show consumers believe prices will continue rising while personal financial conditions are poised to deteriorate. Inflation Expectations Steady But Uneasy According...
Consumers are reshaping how they use credit, and PYMNTS Intelligence data shows that installment plans are becoming a central tool for managing cash flow in both predictable and discretionary spending. The shift reaches well beyond summer travel patterns. It signals a broader realignment in how...
Gen Xers, the powerhouse of the U.S. consumer economy, are cutting back amid current financial challenges, a move that may already be impacting holiday spending. More than eight in 10 (84%) of these consumers aged roughly 45–60 report facing financial challenges, and only 16% report...
The chief executive of America’s biggest bank says consumers continue to show resilience. This is in spite of a cooling job market and ongoing inflation, JPMorgan Chase CEO Jamie Dimon said Sunday (Dec. 7) in an interview with Fox News. “In the short run, it...
Overall consumer credit growth slowed in October, but the headline number masks a trend: households are shifting toward revolving credit as they manage day-to-day liquidity and holiday spending. Total consumer credit rose at a seasonally adjusted annual rate of 2.2% in October, down slightly from...
American consumers are projected to spend $14.2 billion for Cyber Monday. That’s up 6.3% from 2024 and follows record levels of eCommerce shopping on Black Friday, Reuters reported Monday (Dec. 1), citing Adobe Analytics data. As Reuters noted, the all-time high of $11.8 billion in...
Consumers approached Black Friday with a clear priority: stick to a budget while finding ways to stretch purchasing power. The PYMNTS Black Friday 2025 report shows that even with 151 million shoppers turning out, down 7% from last year, the headline stability in spending masked...
American consumers upped their spending slightly during Black Friday amid an uncertain economic landscape. That’s according to preliminary insights from Mastercard SpendingPulse issued Saturday (Nov. 29), showing a 4.11% increase in retail spending on Black Friday (Nov. 28) compared to the same day in 2024....