Nonessential Spending news and trends

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

Do the math. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications...

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

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 macro uncertainty cloud near-term economic horizons.  Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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

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 article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

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

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 and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Interviews & Exclusives
Retail Sales Show Dining Out Declines and eCommerce Gains Ground as Consumers Pull Back

March 17, 2025
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 macro uncertainty cloud near-term economic horizons.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins […]

Nearly Half of US Consumers Earning $100K+ Live Paycheck to Paycheck

April 18, 2024
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 the Full Story Complete the...

Gen Z Shows Resilience to Inflation but Adjusts Shopping Habits

December 20, 2023
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 an adopter of social media...

Nearly 30% of High Earners Cite Nonessential Spending as Reason for Paycheck-to-Paycheck Lifestyle

September 14, 2023
Living paycheck to paycheck is a harsh reality for millions of individuals in the U.S., and nonessential spending plays a key role in adding to the financial burden on these...

Quick Reads
BofA: Spending Growth Slowing Among All Income Groups

May 11, 2025
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 article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive […]

Corporate Bankruptcies Surge as Consumers Cut Back

July 14, 2024
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 article and enjoy unlimited free...

Apple to Unveil Pricier Phones as Consumers Avoid Big Ticket Items

September 10, 2023
This week, Apple will unveil new products that include the fifteenth iteration of its iPhone. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Apparel Producers Prep for Shrinking Sales as Consumers Cut Back

June 19, 2023
Clothing brands are reportedly cutting back on orders in anticipation of weakening sales. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...