Life continues to be more expensive for everyone. Data shows that United States consumers in urban centers, in particular, are feeling the financial crunch. PYMNTS’ research finds that 61% of consumers lived paycheck to paycheck in April 2023, a share similar to last year. Consumers...
PYMNTS’ research finds that 60% of United States consumers live paycheck to paycheck as of March 2023. Our data also reveals significant generational differences in how the rising cost of living impacts consumers’ financial lifestyles. For instance, millennials are the most likely to live paycheck...
Consumers hailing from all income brackets are feeling mounting pressure from rising inflation and economic uncertainty. PYMNTS’ research finds that 58% of United States consumers lived paycheck to paycheck in May 2022, a four percentage-point increase from May 2021. Slightly less than one in three...
New data from insolvency firm Begbies Traynor may set off alarm bells: The number of U.K. businesses considered to be in “significant” financial distress has spiked. A report released from the company this week found a 25 percent year-over-year increase in the number of companies...
June 27, 2022
Consumers hailing from all income brackets are feeling mounting pressure from rising inflation and economic uncertainty. PYMNTS’ research finds that 58% of United States consumers lived paycheck to paycheck in May 2022, a four percentage-point increase from May 2021. Slightly less than one in three consumers who earned $250,000 or more annually reported living paycheck […]
