_credit-card-data-reveals-strong-spending-on-travel-and-experiences-as-big-ticket-home-purchases-and-discretionary-spendi.jpg "Credit Card Data Reveals Strong Spending on Travel and Experiences, as Big-Ticket Home Purchases and Discretionary Spending Lag from uid number in aadhar card Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:40
👁 View: 730K times
✓ Published: 08-May-2024
👁 View: 730K times
✓ Published: 08-May-2024
Description:
Credit card data shows spending has remained relatively strong, but price sensitivity is rising, especially among lower-income consumers. Travel and experiences continue to see solid demand, but big-ticket home purchases have weakened amid economic uncertainty. Restaurant traffic has struggled as consumers dine out less frequently, citing affordability concerns. Discretionary purchases are under pressure as inflation squeezes budgets and consumers prioritize essentials over items like apparel.
Credit card data shows spending has remained relatively strong, but price sensitivity is rising, especially among lower-income consumers. Travel and experiences continue to see solid demand, but big-ticket home purchases have weakened amid economic uncertainty. Restaurant traffic has struggled as consumers dine out less frequently, citing affordability concerns. Discretionary purchases are under pressure as inflation squeezes budgets and consumers prioritize essentials over items like apparel.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_u-s-chamber-of-commerce-leads-lawsuit-to-halt-consumer-financial-protection-bureau39s-late-fee-rule.webp "The Consumer Financial Protection Bureau introduced a new rule that would cap credit card late fees at $8, down from the typical $32 currently charged by most banks. This is estimated to save Americans $10 billion annually in late fees. The credit card industry, led by the US Chamber of Commerce, sued the CFPB in federal court to block this new rule from taking effect. A judge in Texas is expected to decide whether to grant an injunction requested by the industry that would freeze the new rule until the legal issues are resolved. Analysts expect the industry lawsuit will likely be successful, as Texas courts are viewed as favorable to corporations.")
⏲ 0:47 👁 445K
_how-to-change-mobile-number-in-aadhar-card-124-how-can-i-update-my-mobile-number-in-aadhar-card-online.webp "My Tech Credit")
How to Change Mobile Number In Aadhar Card | How Can I Update My Mobile Number In Aadhar Card Online
⏲ 9 minutes 24 seconds 👁 85.7K
_tonde-gamer-uid-indian-server-tondegamer-tondegamer-uid-shorts-freefire.webp "Jayesh Gamer")
_how-chime-became-america39s-biggest-digital-bank.webp "For decades, it’s been a riddle in banking: how do you build a sustainable and profitable business serving low and middle-income consumers? Sixteen years ago, Chris Britt, then chief product officer at Green Dot, believed he’d discovered the answer—direct deposit of paychecks. <br/><br/>Green Dot was selling prepaid debit cards to cash-strapped Americans without traditional bank accounts, and Britt saw that customers who had their paychecks automatically deposited into their Green Dot accounts used the card to pay virtually all their expenses. With each debit card swipe, Green Dot pocketed part of the interchange fees–the 1% to 2% charge merchants pay to accept debit and credit cards.<br/><br/>“The people on direct deposit were clearly the whales of the business,” says Britt, 51, the cofounder and CEO of Chime, the nation’s largest digital-only bank with $1.5 billion in annualized revenue and seven million customers using its cards for $8 billion a month in transactions.<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/jeffkauflin/2024/05/03/exclusive-the-inside-story-of-chime-americas-biggest-digital-bank/?sh=4f40891cfb0d<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.")
_what-is-eid-urn-srn-for-your-aadhaar.webp "Aadhaar UIDAI")
_var-madness-for-metz-as-mikautadze-sees-red.webp "A confused Georges Mikautadze thought his red card had been overturned, only to have to leave the pitch again.")
_how-to-find-aadhaar-eid-number-in-acknoeledgement-slip.webp "Aadhaar UIDAI")
_aadhaar-card-dowload-by-enrollment-id-124new-enrollment-for-aadhar-card-tamil-124download-aadhaar-card.webp "Tamil Tutorials Tech - தமிழ்")
⏲ 3 minutes 41 seconds 👁 28.5K
_u-s-chamber-of-commerce-leads-lawsuit-to-halt-consumer-financial-protection-bureau39s-late-fee-rule.jpg)
_how-to-change-mobile-number-in-aadhar-card-124-how-can-i-update-my-mobile-number-in-aadhar-card-online.jpg)
_tonde-gamer-uid-indian-server-tondegamer-tondegamer-uid-shorts-freefire.jpg)
_how-chime-became-america39s-biggest-digital-bank.jpg)
_what-is-eid-urn-srn-for-your-aadhaar.jpg)
_var-madness-for-metz-as-mikautadze-sees-red.jpg)
_how-to-find-aadhaar-eid-number-in-acknoeledgement-slip.jpg)
_aadhaar-card-dowload-by-enrollment-id-124new-enrollment-for-aadhar-card-tamil-124download-aadhaar-card.jpg)
![[+]](/images/menu.gif){kind=small}