Income

Wage Growth May Not Rescue Paycheck-to-Paycheck Economy

Wage Growth May Not Rescue Paycheck-to-Paycheck Economy
Wage Growth May Not Rescue Paycheck-to-Paycheck Economy
April 05, 2024  |  Consumer Insights

Wages are increasing.  The unemployment rate’s lower.  The U.S. economy added more jobs in March than had been expected. And yet, it all may not...

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Consumer Confidence Wanes for Paycheck-to-Paycheck Economy
Consumer Confidence Wanes for Paycheck-to-Paycheck Economy
March 27, 2024  |  Consumer Insights

Consumers are eyeing higher inflation on the horizon, as the latest data from the government shows, and a key demographic of the paycheck-to-paycheck economy is...

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Consumers’ Near-Term Inflation Concerns Remain Steady
Consumers’ Near-Term Inflation Concerns Remain Steady
March 11, 2024  |  Economy

Consumers have a stable short-term inflation outlook but a cautious view for the medium to long term. While near-term inflation expectations are steady at 3.0%,...

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As GDP Growth Decelerates, All Eyes Are on Consumer Spending
As GDP Growth Decelerates, All Eyes Are on Consumer Spending
February 28, 2024  |  Economy

The latest readings of gross domestic product (GDP) have been revised down — at least a bit. And though the fourth-quarter GDP still logged some...

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Bad Financial Management Habits Lead 30% of Affluent Consumers to Live Paycheck to Paycheck
Bad Financial Management Habits Lead 30% of Affluent Consumers to Live Paycheck to Paycheck
February 27, 2024  |  Consumer Finance

The prices of goods and services will continue to weigh on U.S. consumers’ wallets in 2024. Most consumers still say they live paycheck to paycheck....

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Consumers Temper Their Spending Plans Despite Slowing Inflation
Consumers Temper Their Spending Plans Despite Slowing Inflation
January 08, 2024  |  Economy

Consumers expect the punishing pace of inflation to decline in the months and years ahead. But they’re reigning in their spending plans, too — a...

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Gen X Has the Most Debt at 4X Their Disposable Incomes
Gen X Has the Most Debt at 4X Their Disposable Incomes
December 18, 2023  |  Debt

Consumers often feel pressured to maintain a standard of living, which can be difficult in uncertain economic times with higher prices and interest rates. Keeping...

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Consumers Receive Over $34,000 in Disbursements Per Year
Consumers Receive Over $34,000 in Disbursements Per Year
November 21, 2023  |  Disbursements

Consumers are getting fewer disbursements this year, PYMNTS Intelligence data shows. However, that may be due to consolidation, not because they are getting less. Consumer...

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