Consumer Spending

Consumer Spending Shifts From What They Could Spend To What They Can Spend
Consumer Spending Shifts From What They Could Spend To What They Can Spend
February 19, 2021  |  Consumer Finance

If there was one certainty that was the hallmark of the consumer’s propensity to spend, it was uncertainty. Get the Full Story Complete the form...

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Today In Payments: Revolut Business Introduces QR Codes For Payments; Amazon To Let Customers Vote On Products To Make
Today In Payments: Revolut Business Introduces QR Codes For Payments; Amazon To Let Customers Vote...
February 18, 2021  |  News

In today’s top news, Revolut Business is launching QR payment codes and Amazon will let customers “vote” on some of the new products the company...

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January Retail Data: Sustainable Rebound Or Artificial Stimulant?
January Retail Data: Sustainable Rebound Or Artificial Stimulant?
February 17, 2021  |  Retail

The latest volley of retail spending data shows that the worst is behind us regarding the pandemic’s drag on consumers. Maybe. Or it could be...

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Fed Report: Mortgage Debt Surges, Consumer Credit On The Mend
Fed Report: Mortgage Debt Surges, Consumer Credit On The Mend
February 17, 2021  |  Debt

According to a new report from the Federal Reserve, total household debt rose to $14.56 trillion in the fourth quarter of 2020, an increase of...

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Retail Sales Surge On Stimulus
Retail Sales Surge On Stimulus
February 17, 2021  |  Retail

Retail sales rose in January by 5.3 percent on the wings of long-delayed action on the part of Congress, which OK’d a $900 billion COVID-19...

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Are We On The Cusp Of Roaring ’20s Retail Rebound Or A Long, Challenging Slog?
Are We On The Cusp Of Roaring ’20s Retail Rebound Or A Long, Challenging Slog?
February 16, 2021  |  Retail

Given that consumer spending accounts for 70 percent of the U.S. economy, it’s safe to say the monthly reading on retail sales on Wednesday (Feb....

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Study: Retailers Snag Trend-Seeking Consumers With Product Drops And Sales Events
Study: Retailers Snag Trend-Seeking Consumers With Product Drops And Sales Events
February 16, 2021  |  Retail

Product Drops: Retail’s New Conversion Play, a PYMNTS and Scalefast collaboration, investigates how consumers are participating in events such as product drops, flash sales and...

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Data Shows Lower-Income COVID-19 Aid Recipients Quickly Spend The Funds
Data Shows Lower-Income COVID-19 Aid Recipients Quickly Spend The Funds
February 15, 2021  |  Coronavirus

Lower-income recipients of COVID-19 relief payments are quickly spending the money they get, the Wall Street Journal reported Sunday (Feb. 14), citing data gleaned from...

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February Consumer Sentiment Index Hits Six-Month Low
February Consumer Sentiment Index Hits Six-Month Low
February 12, 2021  |  Consumer Finance

Consumer attitudes about the state of the economy unexpectedly dropped to a six-month low despite good news about vaccinations and more stimulus funds on the...

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