New Study: 60% of US Consumers Have Cut Spending Due to Inflation
For
“New Reality Check: The Paycheck-To-Paycheck Report,” a collaboration with LendingClub, PYMNTS surveyed 3,495 US consumers to explore how inflation has impacted consumer spending. Among our findings: 55% have limited spending capacity, 49% have shifted their shopping preferences, and 66% of those living paycheck to paycheck have cut spending, with notable differences reported among rural and urban consumers.
