Gift Cards Collecting Dust: Despite Surging Inflation, Americans Are Still Holding Onto $21 Billion in Unused Store Credits
Even amid the rapid and sharp erosion of purchasing power, nearly half of Americans still have some money left in
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Consumer Spending
Household Net Worth Sent Soaring Amid Real Estate Boom
The Covid-19 pandemic has sent some households’ net worth soaring by more than $2 trillion since the beginning of 2020,
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US Economy Rebounds 6.4% Amid Surge in Consumer Spending
The US economy gained even more momentum in the first quarter of 2021, as unprecedented stimulus initiatives and easing Covid-19
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Canadian Households Focusing on Retaining Savings and Paying Off Debt, Not Consumption
It appears that an increasing number of Canadians have been focusing on either paying off debt or increasing their savings
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US Consumer Spending Expectations Soar, Despite Pessimistic Earnings, Income
Despite the less-than-dismal state of consumer finances that is expected to envelope much of the US following the expiration of
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US Consumers Delve Into Savings to Keep up With Spending Habits as Incomes Tumble in October
As numerous stimulus programs that were part of the CARES Act ended over the summer, with the remainder set to
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Strong Housing Market Recovery Causes Consumer Debt to Rise in Q2
As the coronavirus pandemic continues to put financial pressure on Canadians, the latest data released by Equifax suggests that the
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US Economic Recovery Hits Standstill After Consumer Spending Declines Once Again
According to consumer spending data compiled by JPMorgan, it appears that the economic recovery in the US has not been
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Online Grocery Prices Surpass Consumer Inflation
As many Americans were under stay-at-home orders during the height of the pandemic, the demand for food and grocery e-commerce
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US Consumer Spending Increases by a Record 8.2% Despite Dwindling Incomes
As many states across the US began lifting non-essential business restrictions and stay-at-home orders in May, Americans were eager to
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