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This analysis of the Prosper Insights & Analytics May 2025 consumer survey shows a slight increase in economic confidence, indicating easing concerns about inflation. Fewer consumers reported their standard of livingdecreasing, and awareness of price hikes declined across various categories, especially gasoline.While overall spending remained steady, consumers were less focused on only necessary or practical purchases, suggesting a shift towards discretionary spending as summer approaches. Membership in Amazon Prime and Walmart+ continued to grow, highlighting the ongoing appeal of cost-conscious convenience.
This analysis of the Prosper Insights & Analytics May 2025 consumer survey shows a slight increase in economic confidence, indicating easing concerns about inflation. Fewer consumers reported their standard of livingdecreasing, and awareness of price hikes declined across various categories, especially gasoline.While overall spending remained steady, consumers were less focused on only necessary or practical purchases, suggesting a shift towards discretionary spending as summer approaches. Membership in Amazon Prime and Walmart+ continued to grow, highlighting the ongoing appeal of cost-conscious convenience.