Consumer Spending

March Consumer Spending Sees Sharpest Drop On Record

March Consumer Spending Sees Sharpest Drop On Record
March Consumer Spending Sees Sharpest Drop On Record
April 30, 2020  |  Economy

Consumer spending in the U.S. plummeted 7.5 percent in March, the steepest drop in 61 years, as the coronavirus pandemic continues to ravage personal income,...

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Global Retail Sales Projected To Fall 9.6 Pct On Average
Global Retail Sales Projected To Fall 9.6 Pct On Average
April 30, 2020  |  Retail

Amid the impacts of the coronavirus pandemic, Forrester forecasts that global retail sales this year will drop by an average of 9.6 percent around the...

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Stimulus Relief Checks: Less Spending, More Saving
Stimulus Relief Checks: Less Spending, More Saving
April 28, 2020  |  Economy

Starting last week, the COVID-19 stimulus funds began hitting the bank accounts of citizens nationwide. All in, the $290 billion program – part of the $...

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Reinvention Key To Reopening The Economy
Reinvention Key To Reopening The Economy
April 28, 2020  |  Coronavirus

In good times we talk about the hockey stick shape, to symbolize up-and-to-the-right growth. In 2020 the metaphor being tossed about involves the letter “V.”...

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PSCU Says CU Spending Up With Stimulus Funds Arriving
PSCU Says CU Spending Up With Stimulus Funds Arriving
April 27, 2020  |  Credit Unions

Credit union service organization (CUSO) PSCU compared the week ending April 19, 2020, to the same time frame in 2019 to discover what impact the...

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Generation House Arrest? Retailers Anticipate Reinvention And Reopening
Generation House Arrest? Retailers Anticipate Reinvention And Reopening
April 27, 2020  |  Retail

Friday, May 1 is shaping up as one of retail’s most important days since the COVID-19 crisis went down. It’s that day that several states,...

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COVID-19 Report VI: America Stirs As Pandemic Weakens
COVID-19 Report VI: America Stirs As Pandemic Weakens
April 27, 2020  |  Coronavirus

When PYMNTS began conducting a series of national polls on March 6 to try to predict the path of a pandemic, the crisis was approaching...

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Why Reopening The US Economy Should Be About Reinventing It
Why Reopening The US Economy Should Be About Reinventing It
April 27, 2020  |  Coronavirus

Never has one letter of the alphabet been such a hot topic of conversation. Get the Full Story Complete the form to unlock this article...

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Walmart, Amazon: The Battle For Consumer Spend
Walmart, Amazon: The Battle For Consumer Spend
April 24, 2020  |  Walmart Amazon whole paycheck

We’re now a month into the COVID-19 pandemic and the world is adapting to a new normal where going out is minimal, ordering online is...

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