Consumer Spending

Consumer Sentiment Gets a Bump on Easing Interest Rates
Consumer Sentiment Gets a Bump on Easing Interest Rates
October 25, 2024  |  Economy

Consumers are feeling a bit more positive, notably about “buying conditions,” as shown in the latest release from the University of Michigan’s Survey of Consumers....

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Forget Cyber Monday: Evolving Habits Reshape Holiday Spending
Forget Cyber Monday: Evolving Habits Reshape Holiday Spending
October 25, 2024  |  Retail

As the holiday season approaches, consumer shopping habits are shifting to earlier purchases and retailers are scrambling to get ready for what may be a...

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Data: 88% of Consumers Still Prefer In-Person Grocery Shopping
Data: 88% of Consumers Still Prefer In-Person Grocery Shopping
October 25, 2024  |  Credit Cards

As consumer habits change, payment preferences are becoming segmented based on shopping channels. A PYMNTS Intelligence Report, How People Pay: Debit Leads in Stores, Credit...

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Fed’s Beige Book Finds Mixed Consumer Spending Amid ‘Elevated Uncertainty’
Fed’s Beige Book Finds Mixed Consumer Spending Amid ‘Elevated Uncertainty’
October 24, 2024  |  Economy

The Federal Reserve’s Beige Book — released eight times a year, with the latest report debuting Wednesday (Oct. 23) afternoon — offers up a qualitative...

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Home Improvement Expected to Pick Up Amid Lower Interest Rates
Home Improvement Expected to Pick Up Amid Lower Interest Rates
October 22, 2024  |  Retail

The home improvement business is reportedly expected to pick up, driven by lower interest rates and higher property values. More homeowners are borrowing against the...

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Target to Make 2,000 More Price Cuts for Holiday Season
Target to Make 2,000 More Price Cuts for Holiday Season
October 22, 2024  |  Retail

Target will reduce regular prices on more than 2,000 items this holiday season. Combined with the price cuts it has made on more than 8,000...

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PYMNTS’ Data-Driven Journey Through Payments Innovation
PYMNTS’ Data-Driven Journey Through Payments Innovation
October 19, 2024  |  Payments Innovation

Oct. 20, 2009. The United States was starting to see daylight out of the darkness of the worst financial crisis since the great depression. The...

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Millennials and Gen Z Consumers Boost Amex Card Spend in Q3
Millennials and Gen Z Consumers Boost Amex Card Spend in Q3
October 18, 2024  |  Earnings

For American Express, as has been a longstanding trend, it’s the younger consumers, cards in hand, who are boosting results. And, as Amex management noted...

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Procter & Gamble CFO Sees ‘Right Price Levels’ in US Market Amid Global Challenges
Procter & Gamble CFO Sees ‘Right Price Levels’ in US Market Amid Global Challenges
October 18, 2024  |  Earnings

Recent challenges in key markets, particularly China and the Middle East, have significantly impacted sales for major corporations like Procter & Gamble, which reported a 1%...

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