Credit or Cash: Consumer Trends This Christmas

The transcript discusses consumer credit trends, highlighting increased willingness to use credit cards and expectations for salary raises. It compares online and in-store shopping, noting a preference for physical stores despite online convenience. The analysis of debt and wealth shows improved debt control among consumers, with a focus on the 25-34 age group's employment. The impact of technology on payment methods, such as Apple Pay, is explored, emphasizing its role in modern shopping habits.

What trend was observed in consumer credit card usage compared to the previous year?

• Consumers stopped using credit cards altogether.

• More consumers plan to use credit cards less.

• More consumers plan to use credit cards more.

• There was no change in credit card usage.

What percentage of consumers expect a salary raise next year?

• 60%

• 50%

• 70%

• 40%

What is the maximum percentage of holiday gifts consumers are willing to buy online?

• 30%

• 40%

• 60%

• 50%

Which age group has seen a rise in employment, according to the transcript?

• 25 to 34 year olds

• 35 to 44 year olds

• 45 to 54 year olds

• 18 to 24 year olds

What is a key benefit of using Apple Pay mentioned in the transcript?

• It offers discounts on purchases.

• It is the only accepted payment method at certain stores.

• It allows users to keep their information private.

• It provides cashback on every transaction.