nonessential spending

BofA: Spending Growth Slowing Among All Income Groups
BofA: Spending Growth Slowing Among All Income Groups
May 11, 2025  |  Consumer Insights

New research from Bank of America (BofA) shows consumer spending slowing for all income levels. Get the Full Story Complete the form to unlock this...

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Consumer Belt-Tightening Could Cost the US Economy $92 Billion This Year
Consumer Belt-Tightening Could Cost the US Economy $92 Billion This Year
April 27, 2025  |  Economy

Do the math. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

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Retail Sales Show Dining Out Declines and eCommerce Gains Ground as Consumers Pull Back
Retail Sales Show Dining Out Declines and eCommerce Gains Ground as Consumers Pull Back
March 17, 2025  |  Consumer Insights

There’s increasing evidence that consumers are triaging their spending — picking and choosing where they will (or even can) allocate their money as tariffs and...

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Corporate Bankruptcies Surge as Consumers Cut Back
Corporate Bankruptcies Surge as Consumers Cut Back
July 14, 2024  |  Economy

U.S. corporate bankruptcies are at a level not seen since the early days of COVID. Get the Full Story Complete the form to unlock this...

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Revised GDP Data Show Consumer Spending May Be Losing Momentum
Revised GDP Data Show Consumer Spending May Be Losing Momentum
May 30, 2024  |  Economy

Economic data frequently comes in stages: There’s the initial estimate, and then a revision. Get the Full Story Complete the form to unlock this article...

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Express Files for Bankruptcy as Gen Z Shoppers Redefine Fast Fashion
Express Files for Bankruptcy as Gen Z Shoppers Redefine Fast Fashion
April 22, 2024  |  Retail

With young consumers’ fashion habits rapidly evolving alongside quickly changing social media trends, Express has not been able to keep up. Get the Full Story...

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Nearly Half of US Consumers Earning $100K+ Live Paycheck to Paycheck
Nearly Half of US Consumers Earning $100K+ Live Paycheck to Paycheck
April 18, 2024  |  Consumer Finance

According to PYMNTS Intelligence, 62% of U.S. consumers now live paycheck to paycheck, and that includes 48% of consumers earning more than $100,000 annually. Get...

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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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Men With Higher Savings Tend to Splurge More Than Women
Men With Higher Savings Tend to Splurge More Than Women
October 19, 2023  |  Consumer Insights

Consumers who indulge in extravagant spending across various product and service categories typically maintain significantly higher savings. Get the Full Story Complete the form to...

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