Economy

Economy
FTC Says Grocery Giants Profited From Pandemic-Era Supply Chain Problems
March 21, 2024

Large players in the grocery industry took advantage of the pandemic’s supply chain problems to raise prices and profits and keep them high. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Economy
Stubborn Inflation Weighs on Consumer Attitudes and Spending
March 15, 2024

Call it status quo — and maybe a sense of ennui? 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...

Economy
Shelter and Clothing Get More Expensive With Inflation Stubbornly Entrenched 
March 12, 2024

We may have to wait a bit longer for rate cuts. 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...

Economy
Consumers’ Near-Term Inflation Concerns Remain Steady
March 11, 2024

Consumers have a stable short-term inflation outlook but a cautious view for the medium to long term. 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
Healthcare, Government Lead February Job Gains
March 08, 2024

Healthcare and government employment led the U.S. economy’s job gains in February. 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...

Economy
Fed’s Credit Data Signals Caution for Merchants
March 08, 2024

For merchants, reliant upon consumer spending — and credit as a way to enable that spending — the warning signals are flashing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Economy
Wholesale Inventories Dropped 0.3% in January, More Than Expected
March 06, 2024

The U.S. Census Bureau revised its wholesale inventories estimate for January downward Wednesday (March 6). 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
ADP: Salary Gains Slow as Hospitality Hiring Jumps
March 06, 2024

Americans who switch jobs are seeing larger raises than workers who stay put. 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
58% of Consumers Cut Back on Nonessentials Due to Rising Grocery Costs
March 01, 2024

The rising costs of groceries continue to pressure U.S. consumers to reconsider how they shop — and what they shop for. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...