Prosper Insights - Consumer Futures

March 2025 Consumer Intentions Snapshot


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Prosper Insights & Analytics' March 2025 Consumer Snapshot reveals a slight dip in consumer confidence compared to the previous month, though it remains stable year-over-year. Despite persistent inflationary concerns leading to increased awareness of higher prices for necessities, consumer spending shows a marginal increase. Consumers are actively employing cost-saving strategies like seeking discounts and opting for store brands, particularly at Walmart and Target. While plans for home improvement and travel are up, auto purchase intentions have declined, indicating cautious spending on big-ticket items. Overall, the report highlights a value-driven consumer mindset influenced by fluctuating gas prices and standard-of-living concerns.

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Prosper Insights - Consumer FuturesBy Phil Rist