Consumer Spending

Visa: May Payments Volume Shows Slide Slowing
Visa: May Payments Volume Shows Slide Slowing
June 01, 2020  |  VISA

Visa‘s total U.S. payments volume in May declined slower than the previous two months, which could be indicative of a slight economic recovery as consumers...

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Why Financial Literacy Is A Lesson So Hard For Americans To Learn
Why Financial Literacy Is A Lesson So Hard For Americans To Learn
June 01, 2020  |  Digital-First Banking

Americans are known the world over for many things, but financial literacy isn’t one of them. We’re not known for being a nation of expert money...

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US Savings Rate Soars As Consumer Spending Sinks – A Bad Sign For SMBs
US Savings Rate Soars As Consumer Spending Sinks – A Bad Sign For SMBs
June 01, 2020  |  SMBs

Not all that long ago, we were hoarding toilet paper and flour — eyeing the proverbial rainy day when we’d need what we’d saved, as...

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Chicago Purchasing Managers Index Tumbles To 38-Year Low
Chicago Purchasing Managers Index Tumbles To 38-Year Low
May 29, 2020  |  Economy

The widely watched Chicago Purchasing Managers Index fell to 32.3 in May, hitting its lowest level since the recession year of 1982 as the COVID-19...

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Survey: Despite Pandemic, 1 In 4 Americans Say Their Wallets Are Fatter
Survey: Despite Pandemic, 1 In 4 Americans Say Their Wallets Are Fatter
May 29, 2020  |  Economy

While the number of laid-off workers who filed for jobless benefits exceeded 40 million last week, 1 in 10 Americans say COVID-19 has boosted their...

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Survey Says Millionaires Cut Spending, Postpone Big-Ticket Purchases
Survey Says Millionaires Cut Spending, Postpone Big-Ticket Purchases
May 28, 2020  |  Economy

A majority of American millionaires say they plan to spend less this summer than in years past, according to a new Second Quarter CNBC Millionaire...

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Bank Of America CEO: We’re Coming Out Of The Depths
Bank Of America CEO: We’re Coming Out Of The Depths
May 28, 2020  |  Economy

Bank of America’s chairman and CEO sees light at the end of the COVID-19 tunnel. Get the Full Story Complete the form to unlock this...

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Preparing Merchants For The Coming Mobile Wallet Boost
Preparing Merchants For The Coming Mobile Wallet Boost
May 27, 2020  |  Digital Payments

Call it the great shift. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

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Survey: Consumer Confidence Stabilizes In May
Survey: Consumer Confidence Stabilizes In May
May 26, 2020  |  Consumer Insights

After a sharp decline in April, consumer confidence held steady in May as some businesses reopened in the wake of the COVID-19 pandemic, according to...

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