spending

Spending to pay out (money) in buying or hiring goods or services
Savings Rates Pressured as Consumer Spending Outpaces Disposable Personal Income Growth
Savings Rates Pressured as Consumer Spending Outpaces Disposable Personal Income Growth
April 26, 2024  |  Economy

The latest data on personal consumption notes that spending is outpacing the growth in disposable income. And as a result, consumers are dipping into savings...

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60% of New Amex Accounts Are Opened by Gen Z, Millennials
60% of New Amex Accounts Are Opened by Gen Z, Millennials
April 19, 2024  |  Earnings

Younger, affluent consumers are showing notable resilience when it comes to spending on experiences and travel — and using their credit cards to do so....

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Retailers Set Sights on High-Income Shoppers’ Generous Fashion Budgets
Retailers Set Sights on High-Income Shoppers’ Generous Fashion Budgets
March 27, 2024  |  Retail

As retailers look to drive loyalty with high-income consumers, apparel and accessories emerge as a key point of entry for winning the biggest earners. The...

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Cracking the Customer Loyalty Code: Flexible Programs Tailored to Everyday Needs
Cracking the Customer Loyalty Code: Flexible Programs Tailored to Everyday Needs
February 06, 2024  |  Loyalty & Rewards

Len Covello, chief technology officer of Engage People, told PYMNTS in an interview that merchants are going to need to fine-tune, and in some cases overhaul,...

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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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More Than Half of Gen Zs Would Rather Spend Money Than Save Money
More Than Half of Gen Zs Would Rather Spend Money Than Save Money
December 07, 2023  |  Personal Finance

Living paycheck to paycheck continues to be a predominant financial lifestyle in the United States, with millions of consumers grappling with the difficulty of setting...

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60% of Cash-Strapped Consumers Still Splurge on Nonessentials
60% of Cash-Strapped Consumers Still Splurge on Nonessentials
October 06, 2023  |  Consumer Finance

In today’s consumer-driven society, it is not uncommon for individuals, even those living paycheck to paycheck and struggling to pay bills, to indulge in occasional...

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Spend Platform Brex Taps Airwallex as It Plans Global Expansion
Spend Platform Brex Taps Airwallex as It Plans Global Expansion
July 19, 2023  |  Spend Management

Payments platform Airwallex says it is helping FinTech Brex with its worldwide expansion. “In today’s economic climate, every business is navigating two competing interests: expanding...

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EU Consumers Tighten Belts as Cost of Living Rises
EU Consumers Tighten Belts as Cost of Living Rises
October 30, 2022  |  Economy

Rising interest rates and energy costs have forced consumers in Europe to start reducing their discretionary spending. As The Financial Times (FT) reported Sunday (Oct....

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