October Inflation Report: A Third of US Consumers Now Struggle to Pay Bills
Consumer Inflation Sentiment: Inflation’s Long Consumer Spending Shadow
Inflation is coming down hard on Americans, with nearly one-third struggling to pay their bills. PYMNTS surveyed 2,467 consumers to find out how inflation has affected their financial outlook, diving into the wage/inflation gap, the rural/urban divide and fears of recession.
Inside the November Report
- 68%: Share of Gen X consumers who believe the U.S. is likely to enter a recession
- 45%: Share of Americans who say difficulty paying bills has soured their outlook on the future
- 88%: Share of rural Americans who have noticed an increase in gas prices
Consumer Inflation Sentiment Report
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The Cautious Spender: US Consumers Now Think First, Spend Second
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Consumers Shop Secondhand Stores as Often as Other Retail
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Tipflation Is Changing Spending Habits of 1 in 6 Consumers
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27% of Consumers at Self-Checkout Say They’ve Been Asked to Tip
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85% of Consumers Say Incomes Are Not Matching Inflation
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Consumers Know What AI Is — Not How It’s Integrated Into Their Daily Lives
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45% of Millennials Say Wages Don’t Meet Inflation
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The False Appeal of Deal-Chasing Consumers
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Rising Housing Costs Deflate Economic Optimism
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Perception Is Reality
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In It For The Long Haul
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Consumers Buckle Down On Belt-Tightening
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Inflation Slowly Ebbs, But Consumer Outlook Remains Gloomy
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Consumers Pull Back and Prepare for the Long Haul