South State Correspondent

AUGUST 16, 2023

Even if your bank has limited consumer exposure, given that the consumer composes approximately 66% of the US economy, and, according to the yield curve and market pundits, we are all staring into a recession, paying close attention to consumer trends is critical. 1,000+ payments now are 15% of the market which is also a new development.

Trends 195

Trends Cards Capital Data 195

PYMNTS

JUNE 27, 2019

For instance, New Orleans is the site of one of the most significant and ongoing backlashes against the sharing economy, a global trend that probably won’t kill off Airbnb and other major players, but could create more hassles and pressures for some companies struggling to make it in this big, crowded market.

Puerto Rico 109

Puerto Rico Los Angeles San Francisco Millennials 109

PYMNTS

MARCH 7, 2017

Since seemingly most people aren’t in a position to build a house from the ground up, which would be ideal, it’s reasonable to suggest that the home improvement market is a huge money-making industry. While home repair spending was at $220 billion in 2015, the research expects that figure to grow to approximately $270 billion by 2025.

Millennials 109

Millennials Study Groups Maine 109

PYMNTS

DECEMBER 14, 2018

A growing group of consumers — particularly millennials and other young shoppers — are embracing connected grocery offerings. Online and mobile food sales are projected to have a 13 percent annual growth rate in 2018, with digital supermarket sales projected to reach $100 billion by 2025. billion in capital. households.

Retail 197

Retail Millennials Capital Operations 197

CB Insights

JULY 17, 2018

Instead, new millennial-inspired and tech-infused dining trends have been emerging across the US and internationally. Many of yesterday’s casual dining brands are dying, but not because millennials “don’t eat out.” The sophisticated food hall: North 3rd Street Market (Brooklyn). Dining out. the Future of food report.

San Francisco 69

San Francisco California United States CA 69

CB Insights

JUNE 4, 2019

Over 65% of consumers are willing to pay more for sustainable products, with 42% of millennials and 37% of Gen Z saying they want to know what goes into products and how they’re made before buying them. Moreover, a 2018 survey found that sustainability is likely to be a crucial buying factor for mass market apparel consumers by 2025.

Industry 78

Industry Branding Examples Innovation 78

CB Insights

JUNE 17, 2020

Telehealth technology is estimated to be a $43B market, according to CB Insights’ Industry Analyst Consensus. In March, the FDA eased restrictions related to marketing claims, allowing developers of remote patient monitoring devices to pitch their devices to hospitals. market by 2025 prior to the onset of Covid-19.

Industry 101

Industry Technology Online Video 101