With the added fees of grocery delivery and the premium products many of the digitally native eGrocers tout, it is no surprise that online grocery tends to be the purview of high-income consumers. By the Numbers PYMNTS’ recent study, “The ConnectedEconomy™ Monthly Report: Paycheck-To-Paycheck Consumers...
Living paycheck to paycheck is the most common financial lifestyle in the United States, with an increasing share of high-income consumers now doing so. About six in 10 consumers lived paycheck to paycheck in June, according to “The New Reality Check,” a PYMNTS and LendingClub...
As food costs rise and the economy heads for a recession, many consumers are becoming anxious about whether they will be able to keep food on the table. By the Numbers According to data from PYMNTS’ recent “Consumer Inflation Sentiment” study, which draws from a...
As inflation cuts into every aspect of affordability, consumers are not just cutting back on nonessentials, they’re also canceling medical appointments due to cost concerns. For The Healthcare Conundrum: The Impact of Unexpected Patient Costs on Care, a PYMNTS and Experian Health collaboration, we surveyed...
Cold inflationary winds are ruining warm summer fun for millions of consumers as new data reveals that 13% of Americans have spent more than they earned since the start of 2022. Despite shocks that keep coming in the form of interest rate hikes and spikes...
As inflation continues its upward swing, consumers worldwide are finding it more difficult to manage spending and put aside savings under mounting financial pressures. In June 2022, 61% of United States consumers were living paycheck to paycheck, a 5.5 percentage-point increase from June 2021. We...
The cash cushion is dwindling across the board, as consumers dip into savings and inflation continues to take its toll. To that end, and as found in our recent report “Consumer Inflation Sentiment: July 2022 — Consumers Pull Back and Prepare for the Long Haul,”...
With prices increasing at the fastest rate since 1981, Americans are feeling the pinch. PYMNTS’ data reveals that 86% of United States consumers believe they lost purchasing power in the last year, and more than half say their financial situation has worsened. But perhaps the...
Consumers who donate money to local charities tend to spend more money with local businesses as well. Four out of 10 consumers do volunteer work and contribute to charities, according to “Financial Institutions and Customer Loyalty,” a PYMNTS and Elan collaboration based on a survey...
