PYMNTS-MonitorEdge-May-2024

paycheck-to-paycheck

BNPL, Mobile Banking Embraced by Low-Income, Paycheck-to-Paycheck Consumers
BNPL, Mobile Banking Embraced by Low-Income, Paycheck-to-Paycheck Consumers
November 22, 2024  |  Consumer Insights

PYMNTS Intelligence’s long-standing chronicling of the paycheck-to-paycheck economy has revealed shifts in how consumers conduct their daily financial lives and pay. Given that the paycheck-to-paycheck...

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High-Income Shoppers Load Up Their Grocery Carts at Walmart
High-Income Shoppers Load Up Their Grocery Carts at Walmart
November 19, 2024  |  Walmart

During the latest conference call with analysts, Walmart’s management observed that that, in a quarter where same-store sales were up 5.3% in the United States,...

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October Retail Sales Up Overall but Online Sales Slow
October Retail Sales Up Overall but Online Sales Slow
November 15, 2024  |  Consumer Insights

October retail sales were up 0.4%, according to data from the U.S. Census Bureau. Although U.S. consumers keep opening their wallets, auto-related sales boosted results,...

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Consumers Discount Inflation That ‘Meets’ Estimates as Post-Pandemic Housing, Food Costs Soar 25%
Consumers Discount Inflation That ‘Meets’ Estimates as Post-Pandemic Housing, Food Costs Soar 25%
November 13, 2024  |  Economy

Only time will tell if the slight bump in inflation — measured by the latest Consumer Price Index for October and released by the Bureau...

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Online Grocery Prices Dip for First Time Since Pandemic
Online Grocery Prices Dip for First Time Since Pandemic
November 12, 2024  |  Economy

Online grocery costs reportedly fell last month, their first dip since the COVID-19 pandemic. The cost of food declined by 0.1% in October compared to...

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Exclusive: Ahead of New Presidential Administration, Paycheck-to-Paycheck Consumers Feel Pinched
Exclusive: Ahead of New Presidential Administration, Paycheck-to-Paycheck Consumers Feel Pinched
November 07, 2024  |  Economy

Regardless of whether they voted for Trump or for Harris, whether they live in a blue state or a red state, the people living paycheck...

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Primark Owner Forecasts Uptick in Lower-Income Consumer Confidence
Primark Owner Forecasts Uptick in Lower-Income Consumer Confidence
November 05, 2024  |  Retail

The head of Associated British Foods has predicted rising confidence among lower-income consumers. As the Financial Times (FT) reported Tuesday (Nov. 5), George Weston made...

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Will Slight Improvement in Overall Jobs Outlook Boost Confidence to Keep Spending?
Will Slight Improvement in Overall Jobs Outlook Boost Confidence to Keep Spending?
November 04, 2024  |  Economy

On its surface, last week’s job report was anemic at best and confounding at worst. And where there’s a cloudy picture on job prospects, the...

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Wells Fargo: Rate Cut Should Ease Pressure on Lower-Income Consumers
Wells Fargo: Rate Cut Should Ease Pressure on Lower-Income Consumers
October 11, 2024  |  Economy

Lower inflation and interest rates may give some relief to consumers who need it most, Wells Fargo CEO Charlie Scharf said Friday (Oct. 11). Speaking...

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