consumer insights

New York Fed: Fewer Renters Expect to Ever Buy Home
New York Fed: Fewer Renters Expect to Ever Buy Home
May 06, 2024  |  Consumer Insights

Renters are less confident that they will ever own a home than they have been since the Federal Reserve Bank of New York began asking them about...

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Fed Keeps Benchmark Rate Steady Because Inflation is ‘Too High’ 
Fed Keeps Benchmark Rate Steady Because Inflation is ‘Too High’ 
May 02, 2024  |  Economy

This week, the Federal Reserve announced it will keep its benchmark interest rate in the same 5.25%–5.50% holding pattern that it has occupied since last...

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Citi CEO Jane Fraser Says Consumers ‘More Discerning’ in Spending
Citi CEO Jane Fraser Says Consumers ‘More Discerning’ in Spending
April 30, 2024  |  Consumer Finance

Consumers are becoming more cautious in their spending, Citi CEO Jane Fraser said Tuesday (April 30). Get the Full Story Complete the form to unlock this article and enjoy...

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Mother’s Day Spending Expected to Dip Following 2023 Record
Mother’s Day Spending Expected to Dip Following 2023 Record
April 25, 2024  |  Consumer Insights

American consumers are projected to spend $33.5 billion on their moms next month. Get the Full Story Complete the form to unlock this article and...

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Consumers Want to Personalize Shopping With Extended Reality
Consumers Want to Personalize Shopping With Extended Reality
April 25, 2024  |  Retail

As consumers demand more immersive, captivating eCommerce journeys, many are increasingly interested in adopting extended reality — augmented reality (AR) and virtual reality (VR) —...

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58% of Gen Z Shoppers Prefer Debit Cards for Online Shopping 
58% of Gen Z Shoppers Prefer Debit Cards for Online Shopping 
April 23, 2024  |  eCommerce

Few things must be as frustrating to an eCommerce merchant as cart abandonment. Get the Full Story Complete the form to unlock this article and...

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Convenience Drives Non-Cash Users to Pay With Card
Convenience Drives Non-Cash Users to Pay With Card
April 19, 2024  |  Payment Methods

For consumers no longer carrying wallets full of cash, ease and convenience are top of mind, PYMNTS Intelligence reveals. Get the Full Story Complete the...

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Tired of Cutbacks, Shoppers Demand Affordable Luxuries From Mass-Market Retailers
Tired of Cutbacks, Shoppers Demand Affordable Luxuries From Mass-Market Retailers
April 17, 2024  |  Retail

After years of being conservative in their spending in response to ongoing economic challenges, shoppers are looking for ways that they can feel more indulgent...

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National Banks’ Reign Over Primary Credit Cards Dropped to 68% 
National Banks’ Reign Over Primary Credit Cards Dropped to 68% 
April 17, 2024  |  Credit Cards

When it comes to issuing credit cards, national banks continue to dominate the field, and — thanks to their massive scale, extensive customer base and...

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