Consumer Spending

Mastercard Feb Retail Sales Data Reflect Underlying Consumer Desire For Normalcy
Mastercard Feb Retail Sales Data Reflect Underlying Consumer Desire For Normalcy
March 09, 2022  |  Retail

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Rising Gas Prices Cause Drivers to Defer Car Maintenance, Seek Discounts
Rising Gas Prices Cause Drivers to Defer Car Maintenance, Seek Discounts
March 08, 2022  |  Economy

Over the last two years, those who sell the products and services that keep cars on the road have seen wild swings in two of...

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BofA Consumer Payments Up 16% to $294B in February
BofA Consumer Payments Up 16% to $294B in February
March 08, 2022  |  Credit Cards

Bank of America saw a 16% year-over-year increase in total consumer payments in February to $294 billion among its 67 million clients, according to a...

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Latest US Consumer Debt Data May Show Some Warning Signs Ahead
Latest US Consumer Debt Data May Show Some Warning Signs Ahead
March 08, 2022  |  Debt

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US Consumer Borrowing Grew 1.9% in January
US Consumer Borrowing Grew 1.9% in January
March 07, 2022  |  Economy

U.S. consumer borrowing saw an uptick in January, though at the slowest pace in a year, with households paying down credit card balances after the...

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Retailers Face Brand New Competitor: Gas Prices
Retailers Face Brand New Competitor: Gas Prices
March 07, 2022  |  Retail

Having endured two years of COVID, waves of lockdowns, a mash-up of mask mandates, sporadic business restrictions, extensive wage and labor challenges and more, the...

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64% of Consumers Lived Paycheck to Paycheck in January, up From 61% a Month Earlier
64% of Consumers Lived Paycheck to Paycheck in January, up From 61% a Month Earlier
March 03, 2022  |  Economy

LendingClub financial health officer Anuj Nayar told PYMNTS: “I hate to say this, but the 61% number that we reported as the percentage of consumers...

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Nearly Half of High-Income Earners Now Live Paycheck to Paycheck
Nearly Half of High-Income Earners Now Live Paycheck to Paycheck
March 03, 2022  |  Consumer Finance

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Report: The Impact of Merchant Surcharges on Cardholder Satisfaction
Report: The Impact of Merchant Surcharges on Cardholder Satisfaction
March 01, 2022  |  Credit Cards

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