As seen in current events such as LVMH’s lackluster revenue picture announced Monday (April 14), which showed a decided pullback in luxury spending due to uncertainty in the economy, consumer spending patterns are changing. But know this: When the economy seems uncertain, consumers still get...
In the face of escalating living costs, it’s immediate survival or bust for many Americans. The latest PYMNTS Intelligence reveals that 65% of consumers are living paycheck to paycheck, with 24% struggling to pay their bills. That’s nearly a quarter of Americans playing an exhausting...
In the latest and final revision of how the economy fared in the third quarter — through the growth in gross domestic product — the headline is that growth was healthy. GDP was better than expected, and it’s almost always the case that GDP’s direction...
The Bureau of Economic Analysis confirmed Wednesday (Nov. 27) that third-quarter GDP grew at a 2.8% rate, unchanged from a previous estimate. However, there are several puts and takes that bear watching, indicating where consumer spending, which has long been the key growth engine of...
September 01, 2025
On paper, earning $75,000 to $100,000 a year should place a household squarely in the American middle class. By historic standards, this income range signaled relative stability. Think: homeownership, college savings and maybe even a summer vacation. Yet today, a startling number of people in this bracket are living paycheck to paycheck, their financial security more precarious than […]
April 15, 2025
As seen in current events such as LVMH’s lackluster revenue picture announced Monday (April 14), which showed a decided pullback in luxury spending due to uncertainty in the economy, consumer...
February 03, 2025
In the face of escalating living costs, it’s immediate survival or bust for many Americans. The latest PYMNTS Intelligence reveals that 65% of consumers are living paycheck to paycheck, with...
November 27, 2024
The Bureau of Economic Analysis confirmed Wednesday (Nov. 27) that third-quarter GDP grew at a 2.8% rate, unchanged from a previous estimate. However, there are several puts and takes that...
