Procter & Gamble is seeing a split in the shopping habits of consumers, with some buying the company’s products in bulk and others looking to spend only a small amount at a time. The consumer packaged goods (CPG) company, whose brands include Tide, Pampers, Oral...
The financial pressures squeezing American households are hitting the youngest adults with particular force. As inflation, high rent and debt burdens continue to weigh on budgets, even disciplined savers are finding it difficult to build meaningful financial cushions — and Gen Z, despite its efforts...
Earnings season so far suggests that U.S. consumers still have a willingness and capacity to spend, even amid persistent economic uncertainty. Credit and debit cards remain the tools of choice to sustain that spending. Younger consumers are emerging as an increasingly important source of that...
It is now broadly accepted that U.S. households have already been absorbing at least some portion of trade war costs. But Goldman Sachs’ latest modeling suggests the burden is a heavy one. In a recent client note widely cited on Monday, Goldman economists estimate that...
Earnings season is dawning for the third quarter, and the first corporate scorecards from Delta Air Lines, Levi Strauss and PepsiCo revealed a consumer who is still spending—but with discernment. From air travel to denim to beverages, consumers in the United States are trading off,...
Owning a home has long been shorthand for financial stability. Today it’s often the opposite. The July edition of PYMNTS Intelligence’s New Reality Check: The Paycheck-to-Paycheck Report, “The Adjustable-Rate Reckoning: How Homeownership Is Pushing Millions Paycheck to Paycheck,” finds that 14% of consumers living paycheck...
Consumer spending in the United States has proven resilient through a volatile year, but cracks are emerging at the low end of the credit spectrum. With third-quarter earnings season beginning later this month, the performance of the nation’s biggest banks will provide new details on...
Consumer spending has remained resilient, but inflation expectations are inching higher, creating new challenges for retailers as they prepare for the holiday shopping season. PYMNTS’ recent reporting shows that while households continue to spend, sentiment data suggests consumers anticipate higher prices at the register. Merchants...
Consumer sentiment has always been more than a mood measure. It shapes how households decide whether to spend, save or delay purchases, and even how they think about the security of their jobs. The University of Michigan released its September consumer sentiment data Friday (Sept....