Inflation has begun to show signs of slowing month after month but remains at levels not seen since 1981. Half of consumers say inflation has soured their outlook on their economic future, and nearly a third say paying bills is getting more difficult. The impact...
The United States is entering month 18 of the inflation crisis — and the toll it is taking on consumers’ finances is high. Consumers across the country spent a collective $64 billion more on just the bare essentials in Q3 2021 than they did in...
Consumers have to make tough choices about their spending. Just 4% of consumers say that their wages have kept pace with inflation, so it is safe to say most consumers are feeling the pinch — a reality that might explain their increasingly negative perceptions toward...
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...
December 05, 2022
As inflation continues at rates not seen since the 1980s, consumers are growing increasingly anxious, especially because their perception of inflation is more extreme than what is reported by government sources. For example, consumers perceive gas prices as having increased 43%, while the BLS reports 26%. In this environment, it only makes sense that consumers are […]
October 14, 2022
The United States is entering month 18 of the inflation crisis — and the toll it is taking on consumers’ finances is high. Consumers across the country spent a collective...
