Consumers See a Brighter Economy but Less Room in the Holiday Budget
By PYMNTS
AI summary of the source article
An October PYMNTS Intelligence survey showed consumers held a slightly brighter view of the economy. However, the New York Fed's October survey found respondents saw an increased likelihood of missing a minimum debt payment over the next three months.
Key facts
- Consumers took a slightly brighter view of the economy in October according to a PYMNTS Intelligence survey.
- Respondents in a New York Fed survey saw a greater chance of missing a minimum debt payment in the next three months.
- The Federal Reserve Bank of New York released its October Survey of Consumer Expectations on Monday (Nov. 9).
Source excerpt · PYMNTS
Consumers took a slightly brighter view of the economy in October in a PYMNTS Intelligence survey, while New York Fed respondents saw a greater chance of missing a minimum debt payment in the next three months. The Federal Reserve Bank of New York’s October Survey of Consumer Expectations, released Monday (Nov. 9), put median expected household […] The post Consumers See a Brighter Economy but Les…