Economy

Economy
October’s Surprise: Inflation Heats Up While GDP Cools Down
November 27, 2024

The Personal Consumption Expenditures Price Index for October showed a re-ignition of inflation. 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 Today....

Economy
Latest GDP Data Indicates Continuing Pressures on Disposable Income
November 27, 2024

The Bureau of Economic Analysis confirmed Wednesday (Nov. 27) that third-quarter GDP grew at a 2.8% rate, unchanged from a previous estimate. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Economy
Report: Trump Tariffs Could Cost Consumers $78 Billion Per Year
November 24, 2024

Recent research shows that President-elect Donald Trump’s tariff proposals could cost American consumers. 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 Today....

Economy
Leading Indicators: Bumpy Holiday Season for Consumers, and Maybe B2B Too?
November 22, 2024

This week, PYMNTS Intelligence noted the appeal of paying over time — especially now, headed into the holiday shopping season, which starts, well, now. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Economy
Fewer Americans File for Unemployment, but More Remain Unemployed
November 21, 2024

Fewer Americans are filing for unemployment benefits, but more are remaining unemployed after filing, the Department of Labor (DOL) said Thursday (Nov. 21). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Economy
Jobless Claims Drop as Impact of Hurricanes and Strike Fades
November 14, 2024

Jobless claims dropped last week after spiking in October due to Hurricanes Helene and Milton and a strike at Boeing. 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...

Economy
Fed: Household Debt Nears $18 Trillion as Delinquencies Pressure Consumers
November 13, 2024

New government data shows American consumer debt continuing to grow. 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 Today. By completing this...

Economy
Consumers Discount Inflation That ‘Meets’ Estimates as Post-Pandemic Housing, Food Costs Soar 25%
November 13, 2024

Only time will tell if the slight bump in inflation — measured by the latest Consumer Price Index for October and released by the Bureau of Labor Statistics on Wednesday (Nov. 13) — is a blip or something more. Get the Full Story Complete the...

Economy
Inflation Cooldown: Fed Sees Progress but Warns of a Slow Burn
November 12, 2024

There’s data, and then there’s everyday reality. 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 Today. By completing this form, you agree...