Consumer Spending

PSCU: Debit Card Spend Growth Above Historic Levels
PSCU: Debit Card Spend Growth Above Historic Levels
May 18, 2020  |  Credit Unions

Credit union service organization (CUSO) PSCU compared the 19th week of 2020, which concluded on May 10, to the same timeframe in 2019 to discover...

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IRS Stimulus Check Round 2, Will It Happen?
IRS Stimulus Check Round 2, Will It Happen?
May 18, 2020  |  Coronavirus

After a slightly rocky rollout, complaints that funds took a long time to arrive and that a few dead people got payouts they can’t really use, the first...

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Why Consumers Are Embracing Digital Life — And Why 23 Pct Will Leave Offline Behind
Why Consumers Are Embracing Digital Life — And Why 23 Pct Will Leave Offline Behind
May 18, 2020  |  Coronavirus

Wholesale change — the type that leads to seismic shifts, upending daily life across the way we travel, eat, live, work — always comes when...

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Data Drop: eCommerce Numbers Steal Relevance
Data Drop: eCommerce Numbers Steal Relevance
May 18, 2020  |  Retail

Is the retail industry looking at the wrong numbers? It could be. While last week’s 16 percent overall spending drop lit up the headlines and...

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Retail Sales Weaker Than Expected, Deepening Recovery Concerns
Retail Sales Weaker Than Expected, Deepening Recovery Concerns
May 15, 2020  |  Retail

The experts were expecting a weak retail sales report when the numbers hit the wires earlier today (May 15) – but even in an environment...

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Walmart-Amazon Whole Paycheck Tracker: New Rules, New Ideas And New Threats
Walmart-Amazon Whole Paycheck Tracker: New Rules, New Ideas And New Threats
May 15, 2020  |  Walmart Amazon whole paycheck

As the U.S. is preparing to make its move from more or less closed for business to the road to recovery in an increasing number...

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Spending Down 40 Pct Among JPMorgan Chase Cardholders
Spending Down 40 Pct Among JPMorgan Chase Cardholders
May 14, 2020  |  Consumer Finance

New research from the JPMorgan Institute shows that Chase cardholders are spending less amid the coronavirus pandemic, with a 40 percent drop during the second...

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Survey: US Consumers Bargain Hunting, Not Hoarding Now
Survey: US Consumers Bargain Hunting, Not Hoarding Now
May 13, 2020  |  Retail

When the coronavirus pandemic struck the nation two months ago, panicked customers stockpiled paper goods, shelf-stable foods and other essentials as states shut down. Get...

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As Consumers Buy Online Inflation Follows, Index Shows
As Consumers Buy Online Inflation Follows, Index Shows
May 12, 2020  |  eCommerce

Online grocery sales saw a 110 percent increase in activity in April, according to Adobe’s Digital Economy Index (DEI), numbers spurred by the coronavirus‘s push...

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