essential spending

Gen Z Shows Resilience to Inflation but Adjusts Shopping Habits
Gen Z Shows Resilience to Inflation but Adjusts Shopping Habits
December 20, 2023  |  Consumer Insights

Gen Z, born in the late 1990s, is considered the first digitally native generation, with a greater inclination toward online shopping and digital activities and...

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Consumption Becomes Controversial as One-Third of Consumers Won’t Quit Pricey Purchases
Consumption Becomes Controversial as One-Third of Consumers Won’t Quit Pricey Purchases
June 04, 2023  |  Consumer Insights

Affording luxury has taken on a new meaning, as many consumers have cut out all but the essentials.  As noted earlier this month (May 14) by...

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Chewy’s Recurring Orders Drive Growth and Investor Enthusiasm
Chewy’s Recurring Orders Drive Growth and Investor Enthusiasm
June 02, 2023  |  Retail

Chewy stock experienced its most significant surge in nearly four years following the pet-products retailer’s sales performance that surpassed expectations. The company’s stock received a...

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Retail Spending’s Headline Rebound Masks Pullback on Discretionary Items
Retail Spending’s Headline Rebound Masks Pullback on Discretionary Items
May 16, 2023  |  Consumer Insights

The retail data released Tuesday (May 16) by the Commerce Department shows a reversal in consumer spending after two months of declines. But one headline...

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Paycheck-to-Paycheck Consumers Adjust to Reality of Persistent Inflation
Paycheck-to-Paycheck Consumers Adjust to Reality of Persistent Inflation
March 27, 2023  |  Consumer Insights

The steady share of consumers living paycheck to paycheck despite continued economic headwinds is a testament to their fortitude. Month after month, headlines reaffirm what...

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2023 Will Be the Year of Grocery Shopping
2023 Will Be the Year of Grocery Shopping
December 23, 2022  |  Retail

As inflation causes consumers to crimp spending, grocery shopping is seen coming out on top. With many consumers cutting out unnecessary purchases, the supermarket value...

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Mastercard: Housing Costs and Inflation Squeeze Consumer Spending
Mastercard: Housing Costs and Inflation Squeeze Consumer Spending
December 08, 2022  |  Economy

High inflation and interest rates are affecting groups in different ways.  The Mastercard Economics Institute said in its Economic Outlook 2023, which was released Thursday...

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UK Cost-of-Living Crisis Behind Overdraft Usage Surge
UK Cost-of-Living Crisis Behind Overdraft Usage Surge
December 01, 2022  |  Economy

Overdraft usage in the U.K. has increased by 7.1% since August 2021. This surge, according to a study of 20,000 ClearScore users who opted to...

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