The Credit Economy news and trends

Study Finds Non-Gift Holiday Spending to Drop 26% as Consumers Trim Budgets
Retail // November 21, 2023

The average holiday shopper anticipates spending roughly $860 this year on non-gift holiday purchases such as live entertainment or retail products for personal use — compared to $1,160 in 2022. Meanwhile, spending on gifts will rise modestly and average about $1,000. Get the Full Story...

Two-Thirds of Consumers Charged Summer Travel on Their Credit Cards
Credit Cards // September 01, 2023

Travel rose this summer despite ongoing economic uncertainty and inflationary pressures. PYMNTS’ data finds that consumers planned to travel just as much or more this summer than last, and personal finance considerations strongly shaped these decisions. Get the Full Story Complete the form to unlock...

Gen Z and Millennials Use Credit as Cash Management Tool
Consumer Payments // June 01, 2023

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 from PYMNTS and...

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Study Finds Non-Gift Holiday Spending to Drop 26% as Consumers Trim Budgets

November 21, 2023
The average holiday shopper anticipates spending roughly $860 this year on non-gift holiday purchases such as live entertainment or retail products for personal use — compared to $1,160 in 2022. Meanwhile, spending on gifts will rise modestly and average about $1,000. Get the Full Story Complete the form to unlock this article and enjoy unlimited […]