Tag : consumer spending

Creditsafe Releases Financial & Bankruptcy Outlook for U.S. Retailers
Finance News

Creditsafe Releases Financial & Bankruptcy Outlook for U.S. Retailers

PR Newswire
by PR Newswire0
New Report Examines the Financial Strengths and Weaknesses of Top Retailers, Including Target, Macy’s, Neiman Marcus, JCPenney and The Kroger Co. Amid rising inflation, a cost-of-living crisis and a steep decline in consumer spending, many retailers are calling for flat to declining sales this year. So, retail bankruptcies have become more common......
76% of Canadians More Likely to Reduce Holiday Spending Budgets Due to Rising Living Costs: Spring Financial Survey
Finance Fintech News

Spring Financial Released Holiday Survey 2023

Business Wire
by Business Wire0
Spring Financial survey reveals Canadians are feeling the financial pressures of holiday gift giving this year. Today, Spring Financial, a fintech company simplifying the lending process for everyday Canadians, released its 2023 Holiday Survey. This data highlights Canadians’ holiday spending perceptions and behaviours for the upcoming holiday season. The survey......
Record Increase in Customer Satisfaction Impacts Consumer Spending and GDP Growth, Says ACSI
Fintech News

Record Increase in Customer Satisfaction Impacts Consumer Spending and GDP Growth, Says ACSI

Business Wire
by Business Wire0
Largest quarterly ACSI bounce in 25 years. Customer satisfaction increase drives big GDP growth from strong consumer spending in the U.S. Nevertheless, customer satisfaction remains at a low historical level. Fueled by strong consumer demand, U.S. gross domestic product (GDP) grows 4.9% in the third quarter of 2023 well above......
MassMutual Consumer Spending & Saving Index Inflation is Reshaping Americans’ Summer Plans
Fintech News

MassMutual Consumer Spending & Saving Index Inflation is Reshaping Americans’ Summer Plans

Fintech News Desk
by Fintech News Desk0
Increased gas and grocery prices have Americans rethinking everything from summer camp to home repairs “Staycations” are in the cards for many this summer due to inflation—except for Baby Boomers After being hit particularly hard by the pandemic, BIPOC respondents are looking to make the most of this summer—spending more......
Mastercard SpendingPulse: Services on the Rise in March, while U.S. Retail Sales Grow 8.4%*
Business Fintech News

Mastercard SpendingPulse: Services on the Rise in March, while US Retail Sales Grow 8.4 Percent

Fintech News Desk
by Fintech News Desk0
As we lapped two years since the first Covid lockdowns, March reinforced the ongoing rebalance to pre-pandemic ways of consumer spending. From airlines to lodging, spending on services is making its comeback, while in-store retail sales are rebounding as consumer mobility increases. According to Mastercard SpendingPulse, which measures in-store and online......
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