Consumer Spending

PSCU Study Shows Overall Spending Down Amid Coronavirus Pandemic

PSCU Study Shows Overall Spending Down Amid Coronavirus Pandemic
PSCU Study Shows Overall Spending Down Amid Coronavirus Pandemic
April 13, 2020  |  Credit Unions

As the coronavirus pandemic continues to disrupt personal finances, a study by credit union service organization (CUSO) PSCU shows that overall credit card spending is...

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Big Week Ahead For Retail Data
Big Week Ahead For Retail Data
April 13, 2020  |  Retail

Prepare for a big week of retail data, all of it unprecedented in light of the COVID-19 pandemic. Starting with the Commerce Department retail sales...

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Lost Wallets: Mobile Wallets Stuck In Low Gear, Lagging Cards And Cash
Lost Wallets: Mobile Wallets Stuck In Low Gear, Lagging Cards And Cash
April 09, 2020  |  Mobile Wallets

Though they’ve overcome serious technical hurdles, work well, and are now in the hands of billions of smartphone-owning consumers, mobile wallets including those from Big...

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In China, Pent-Up Demand For Cosmetics A Blip Or Trend?
In China, Pent-Up Demand For Cosmetics A Blip Or Trend?
April 08, 2020  |  Retail

Emerging from lockdown, Chinese consumers may be opening up (digital) wallets and purses … though gradually. Get the Full Story Complete the form to unlock...

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The 10 Ways COVID-19 Has Changed The American Consumer
The 10 Ways COVID-19 Has Changed The American Consumer
April 08, 2020  |  Coronavirus

For the last several weeks normal life in the United States and around the world has been on hold in a way that has never...

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Don’t Count On ‘Revenge Spending’ Post-Crisis
Don’t Count On ‘Revenge Spending’ Post-Crisis
April 08, 2020  |  Retail

Revenge spending. It has a nice ring for retailers battered by the COVID-19 pandemic. In fact any kind of spending has a nice ring, but...

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Most Consumers Think COVID Will Last 2.25 Times Longer Than Their Cash
Most Consumers Think COVID Will Last 2.25 Times Longer Than Their Cash
April 07, 2020  |  Economy

Before the COVID-19 pandemic, the standard narrative goes, the U.S. economy was running full steam ahead, with record employment levels, wages on the rise and...

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eCommerce Numbers Spike Across Categories
eCommerce Numbers Spike Across Categories
April 07, 2020  |  Retail

As March sales and earnings reports start to show up this week, new data indicate that eCommerce sales for essential and nonessential retail will show...

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NY Fed Sees Consumer Expectations Slide On COVID-19
NY Fed Sees Consumer Expectations Slide On COVID-19
April 06, 2020  |  Economy

A March survey of consumer expectations by the Federal Reserve Bank of New York released Monday (April 6) found mounting worries over job losses, debt...

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