Income

27% of US Consumers Pulled Money From Savings to Manage Credit Card Debt
27% of US Consumers Pulled Money From Savings to Manage Credit Card Debt
February 28, 2023  |  Consumer Finance

Rising prices continue to affect consumers’ purchasing power, making it more difficult for those in all income levels to live within their means, put aside...

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Digital Economy Income Gap Widens Year Over Year
Digital Economy Income Gap Widens Year Over Year
February 17, 2023  |  Connected Economy

There are and always have been sharp differences between how consumers in different demographic groups experienced the quick and total digitization of the United States...

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More than Half of High-Income Consumers Now Live Paycheck to Paycheck
More than Half of High-Income Consumers Now Live Paycheck to Paycheck
January 30, 2023  |  Consumer Finance

As we move into 2023, inflation and economic uncertainty remain top concerns for most U.S. consumers. In the past 12 months, increasing prices for everything...

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Consumers Earned and Spent More in October 
Consumers Earned and Spent More in October 
December 01, 2022  |  Economy

Consumers’ incomes and expenditures increased by about the same rate in October.  The Bureau of Economic Analysis (BEA) reported Thursday (Dec. 1) that personal income increased by 0.7%, disposable...

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US Business Activity Keeps Shrinking With Low Demand, High Inflation
US Business Activity Keeps Shrinking With Low Demand, High Inflation
October 25, 2022  |  Economy

Business activity in the U.S. shrank for the fourth month in a row amid continued high inflation and a decline in demand. That’s according to...

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Pinwheel Launches New Consumer Income Data Product for Banks, FinTechs 
Pinwheel Launches New Consumer Income Data Product for Banks, FinTechs 
September 27, 2022  |  Consumer Insights

Income and employment data provider Pinwheel has launched a new product that provides up-to-date consumer income data — including historical, current and projected data. With...

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Employment Verification Startup Urges FTC to Probe Payroll Data Brokers
Employment Verification Startup Urges FTC to Probe Payroll Data Brokers
September 27, 2022  |  Data

Silicon Valley employment verification startup is urging the U.S. Federal Trade Commission (FTC) to open an investigation into alleged anti-competitive and anti-consumer practices by some...

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Consumer Spending, Income Show Gains In August
Consumer Spending, Income Show Gains In August
October 01, 2021  |  Economy

U.S. personal consumer expenditures (PCE) rose 0.8% ($130.5 billion) last month, coinciding with an uptick in personal income of 0.2% ($35.5 billion) and a 0.1%...

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New Report: 53 Pct Of Upper-Income Americans Live Paycheck-To-Paycheck
New Report: 53 Pct Of Upper-Income Americans Live Paycheck-To-Paycheck
June 15, 2021  |  Consumer Finance

Living paycheck to paycheck is sometimes seen as synonymous with being poor, an unfortunate but relatively uncommon circumstance. In fact, it is far more widespread...

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