New Reality Check: The Paycheck-To-Paycheck Report: The Inflation Edition

New Study: 60% of US Consumers Have Cut Spending Due to Inflation  For “New Reality Check: The Paycheck-To-Paycheck Report,” a collaboration with LendingClub, PYMNTS surveyed 3,495 US consumers to explore how inflation has impacted consumer spending. Among our findings: 55% have limited spending capacity, 49% have shifted their shopping preferences, and 66% of those living paycheck to paycheck have cut spending, with notable differences reported among rural and urban consumers.
Inside the September Report
  • 28%: Share of consumers earning more than $200,000 who live paycheck to paycheck
  • 59%: Share of paycheck-to-paycheck consumers with issues paying their monthly bills that noted significant rises in prices for utilities in the past 12 months
  • 48%: Share of consumers living paycheck to paycheck with issues paying bills who pay for health insurance

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    LendingClub The Paycheck-to-Paycheck Report Series