Economy

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...

Markets
The Year in Data: PYMNTS Intelligence Decodes 2024’s Biggest Trends
December 24, 2024

It’s no secret that 2024 was a year of important developments in the financial services industry, and PYMNTS Intelligence was at the forefront of tracking and analyzing key trends. Our research provided insights into the evolution of payments, consumer behavior and business strategies. Get the...

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...

Economy
Grocery and Shelter Costs Rise in November, Straining Consumer Budgets
December 11, 2024

The key takeaway from the Consumer Price Index (CPI) released Wednesday (Dec. 11) is that the pace of inflation pace quickened in November, as reported by the Bureau of Labor Statistics. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Economy
NY Fed Report Finds Consumer Optimism at Highest Level Since Pandemic
December 09, 2024

Consumers are more optimistic about their household financial situation than they’ve been since February 2020. 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,...

Economy
Conference Board Reports Biggest Improvement in Employment Trends Since 2022
December 09, 2024

The Conference Board Employment Trends Index (ETI) saw its largest two-month increase in two years in October and November. 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...