Economy

Economy
Latest Inventory Data Offers Mixed Signals for Merchants
January 09, 2025

The latest government data on inventories moving through the channels offered up mixed signals for merchants, particularly for nondiscretionary items — or at least that was the case moving into the holiday season. Get the Full Story Complete the form to unlock this article and enjoy...

Economy
ADP: Wage Growth Hits Three-Year Low as Labor Market ‘Downshifts’
January 08, 2025

America’s employment picture ended the year on a down note, ADP’s latest findings show. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Economy
As Hiring Stalls, Will Consumers Pull Back on Spending?
January 07, 2025

Job openings were up in November, but so were layoffs, and the pace of quitting fell too … all of which, for November’s government data, point to some uncertainty in the labor market. Get the Full Story Complete the form to unlock this article and...

Economy
Business Bankruptcies in US Reach Highest Level Since 2010
January 07, 2025

Corporate bankruptcies in the U.S. have reportedly reached their highest level in 14 years. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Economy
Recurring Unemployment Claims Hit Three-Year High
December 26, 2024

Continuing unemployment benefit applications are now at their highest in more than three years. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Economy
Conf Bd. Finds Consumer Confidence Down After U. Mich Index Says Opposite
December 23, 2024

Consumer confidence declined in December, with a growing number of consumers expressing concerns about politics and tariffs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...

Economy
Consumer Sentiment Reaches Highest Point Since April as Economy Improves
December 20, 2024

Consumer sentiment rose in December, reaching the highest point since April but remaining below its pre-pandemic level. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...

Economy
Consumer Spending Lifts Q3 GDP, but Savings Rates Are Pressured
December 19, 2024

In the latest and final revision of how the economy fared in the third quarter — through the growth in gross domestic product — the headline is that growth was healthy. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Economy
Trending: eCommerce Spending Accelerates in November and Boosts Retail Sales
December 17, 2024

November’s consumer spending was buoyant, as eCommerce sales rebounded from a tepid pace in October. Chalk it up to the festive season, but there are signs that consumers are throttling back on at least some retail categories … so they can fill their online carts...