Consumer Spending

CFPB: 44% of Student Loan Borrowers Getting New Providers

CFPB: 44% of Student Loan Borrowers Getting New Providers
CFPB: 44% of Student Loan Borrowers Getting New Providers
July 30, 2023  |  Consumer Finance

When student loans resume this fall, many borrowers will send payments to new providers. Get the Full Story Complete the form to unlock this article...

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Luxury Retailers Say Slowdown Is a Sign of ‘Normalization’
Luxury Retailers Say Slowdown Is a Sign of ‘Normalization’
July 30, 2023  |  Retail

After going “bonkers” during the pandemic, the luxury retail sector is returning to its baseline.  Get the Full Story Complete the form to unlock this...

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Procter & Gamble Says Consumers Not Trading Down Despite Higher Prices
Procter & Gamble Says Consumers Not Trading Down Despite Higher Prices
July 28, 2023  |  Earnings

Consumers are generally not trading down to generic brands of everyday items, despite rising prices. Get the Full Story Complete the form to unlock this...

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Consumers Looking for Bargains Shopped Amazon Over Walmart in Summer Deal Days
Consumers Looking for Bargains Shopped Amazon Over Walmart in Summer Deal Days
July 28, 2023  |  Retail

Amazon Prime Days and Walmart+ Week showed high participation this year. Consumers engaged more when they saw better bargains during the world’s top two retailers’...

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Hershey Sees Consumers Change Their Tune on Chocolate Amid Inflation
Hershey Sees Consumers Change Their Tune on Chocolate Amid Inflation
July 27, 2023  |  Earnings

For a long time, candy brands maintained that chocolate was an affordable luxury, one that consumers would continue to spring for even as prices rose,...

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Mastercard: Click to Pay Transactions Surge 70% Over Last Year’s Levels
Mastercard: Click to Pay Transactions Surge 70% Over Last Year’s Levels
July 27, 2023  |  Mastercard

New payment flows and Click to Pay transactions surged for Mastercard in the second quarter of 2023 as consumers and businesses continued to turn to digital channels as their...

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GDP Data Shows Disposable Income Growth Slowing as Consumers Seek to Pad Savings
GDP Data Shows Disposable Income Growth Slowing as Consumers Seek to Pad Savings
July 27, 2023  |  Consumer Insights

The latest data from the U.S. Department of Commerce show that consumer spending helped push gross domestic product (GDP) past expectations. Get the Full Story Complete the form to...

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Coca-Cola Adjusts for Cost-Conscious Consumers as Shoppers Trade Down
Coca-Cola Adjusts for Cost-Conscious Consumers as Shoppers Trade Down
July 26, 2023  |  Earnings

As consumers continue to seek more affordable options amid inflation, Coca-Cola is shifting its product strategy toward cost-cutting shoppers. Get the Full Story Complete the...

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The Digital Economy Touches Twice as Many High-Income Earners as Lower-Income Consumers
The Digital Economy Touches Twice as Many High-Income Earners as Lower-Income Consumers
July 26, 2023  |  Connected Economy

Effects of the pandemic continue to be felt, and one area of marked change is in the use of the digitally connected economy, which is...

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