Consumer Spending

Consumers Turn to Discounts or Do Without as Inflation Bears Down

Consumers Turn to Discounts or Do Without as Inflation Bears Down
Consumers Turn to Discounts or Do Without as Inflation Bears Down
May 01, 2022  |  Economy

Executives working with some of the biggest global companies say they’re seeing people becoming less willing to deal with price increases, The Wall Street Journal...

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LendingClub, PayPal Results Show Consumers Embracing Credit Alternatives Amid Rising Rates
LendingClub, PayPal Results Show Consumers Embracing Credit Alternatives Amid Rising Rates
April 29, 2022  |  Payment Methods

The consumer is resilient. But pressured. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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61% of Consumers Shopped Mostly for Essentials in March
61% of Consumers Shopped Mostly for Essentials in March
April 29, 2022  |  Connected Economy

Sixty-one percent of consumers purchased almost exclusively daily essential items like gas, health products and food in March, according to “The ConnectedEconomy™ Monthly Report,” which...

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Today in Retail: Victoria’s Secret, PINK Beauty Add 120 Items on Amazon; New Activewear, Swim Brand Launches at Walmart
Today in Retail: Victoria’s Secret, PINK Beauty Add 120 Items on Amazon; New Activewear, Swim...
April 29, 2022  |  Retail

Today in retail, Victoria’s Secret and PINK Beauty debut an enhanced storefront with 120 new products, while Walmart calls on fashion designer Michelle Smith and...

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Consumer Spending Jumps 1.1% in March, Inflation Up 6.6% YoY
Consumer Spending Jumps 1.1% in March, Inflation Up 6.6% YoY
April 29, 2022  |  Economy

Consumer spending across the U.S. was up 1.1% in March, according to a Friday (April 29) Commerce Department press release. The spending boost was led...

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Mastercard X-Border Travel Spending Volumes Top 2019 Levels Across the Globe
Mastercard X-Border Travel Spending Volumes Top 2019 Levels Across the Globe
April 28, 2022  |  Earnings

It’ll be the summer of the getaway, it looks like — all around the world. Get the Full Story Complete the form to unlock this...

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GDP Report Shows Consumer Spending Resilient in Q1, But Inflation’s Full Impact Yet Unknown
GDP Report Shows Consumer Spending Resilient in Q1, But Inflation’s Full Impact Yet Unknown
April 28, 2022  |  Economy

When it comes to economic data, there’s the headline number, and then the deeper dive. Get the Full Story Complete the form to unlock this...

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GDP Shrinks Amid Drop in Motor Vehicle Spending
GDP Shrinks Amid Drop in Motor Vehicle Spending
April 28, 2022  |  Economy

The U.S. real gross domestic product (GDP) shrank at an annual rate of 1.4% in the first quarter of this year, according to figures released...

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Visa: Consumer Spending Tops 2019 Levels as Cardholders Shake Off Inflation and War
Visa: Consumer Spending Tops 2019 Levels as Cardholders Shake Off Inflation and War
April 26, 2022  |  Credit Cards

For Visa, neither war in Europe nor inflation can stop the consumer juggernaut, or the continued pivot toward tap to pay.  Get the Full Story...

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