consumer insights

Consumers Say They Use Credit to Buy Essentials and Spend More

Consumers Say They Use Credit to Buy Essentials and Spend More
Consumers Say They Use Credit to Buy Essentials and Spend More
June 24, 2024  |  Credit Cards

Although consumer spending dipped slightly last month, not all spending choices are created equally. While some consumers curtail spending by choice, others do it entirely...

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Media Giants Seize on Consumers’ Demand to Get off the Couch
Media Giants Seize on Consumers’ Demand to Get off the Couch
June 21, 2024  |  Retail

With the shift in media consumption toward streaming so ingrained now, consumers are no longer as excited about the option to view more content from...

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Meet the 27 Million Americans Who Drive 8% of Consumer Spend but Struggle to Pay Their Bills
Meet the 27 Million Americans Who Drive 8% of Consumer Spend but Struggle to Pay...
June 21, 2024  |  Consumer Insights

The big consumer news last Friday was that the University of Michigan’s June Consumer Sentiment Index hit a seven-month low. Many scratched their heads, particularly...

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Millennials Are Most Prepared to Trade Down to Private Label
Millennials Are Most Prepared to Trade Down to Private Label
June 20, 2024  |  Consumer Insights

As merchants step up their own-brand offerings, PYMNTS Intelligence research finds that across grocery and retail, millennials prove the most eager to find more affordable...

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1 in 3 Shoppers Wants to Buy Local Products
1 in 3 Shoppers Wants to Buy Local Products
June 18, 2024  |  Consumer Insights

As retailers look to win customers’ loyalty, PYMNTS Intelligence research finds that buying local goods is a top-of-mind concern for a significant share of consumers....

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Brands Unveil Live Events as Consumers Spend More on Experiences
Brands Unveil Live Events as Consumers Spend More on Experiences
June 18, 2024  |  Retail

As consumers splurge on experiences while being more conservative in their retail spending, brands are finding that if they want to capture the public’s enthusiasm...

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Zillennials: The Generation Reshaping Commerce With Digital Savvy and Ethical Spending
Zillennials: The Generation Reshaping Commerce With Digital Savvy and Ethical Spending
June 18, 2024  |  Consumer Insights

Zillennials — the bridge generation comprising younger millennials and older members of Generation Z — with their growing earning and purchasing power, are poised to...

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Buy Insurance Through Banks? Gen Z Says Yes
Buy Insurance Through Banks? Gen Z Says Yes
June 17, 2024  |  Consumer Insights

Forty-four percent of U.S. consumers are interested in purchasing insurance products directly through their financial institutions (FIs), and this interest is especially strong among younger...

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