Economy

Used Vehicles Projected to be 1.1% Cheaper by End of Year
Economy
Used Vehicles Projected to be 1.1% Cheaper by End of Year
July 10, 2023

The retail prices of used vehicles may soon be on the decline. 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...

June Jobs Gain Lowest Since December 2020
Economy
June Jobs Gain Lowest Since December 2020
July 07, 2023

The unemployment situation changed little in June as the United States added 209,000 jobs. 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...

Auto Sales Climb 13% as Consumers Continue to Spend
Economy
Auto Sales Climb 13% as Consumers Continue to Spend
July 06, 2023

Interest rates and inflation are apparently no match for the consumer’s desire for a new car. 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...

Grocers Go All-in on Advertising as Inflation Cuts Into Margins
Economy
Grocers Go All-in on Advertising as Inflation Cuts Into Margins
June 30, 2023

This week in grocery, Kroger looks to boost its margins with its new in-house advertising platform, Dollar Tree pushes past the one-dollar price point with new frozen food options, and Tops Markets expands eCommerce access for low-income consumers. Get the Full Story Complete the form...

Data Shows Take-Home Pay Is Dropping and so Are Consumers’ Work Days
Economy
Data Shows Take-Home Pay Is Dropping and so Are Consumers’ Work Days
June 30, 2023

Three key government-released metrics may together explain why consumers’ financial struggles may be more significant now than in previous economic downturns. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Sunny Southern Optimism in the Paycheck-to-Paycheck Economy?
Economy
Sunny Southern Optimism in the Paycheck-to-Paycheck Economy?
June 30, 2023

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 to receive marketing communications from PYMNTS and...

New US Unemployment Claims Dip to Lowest Level Since 2021
Economy
New US Unemployment Claims Dip to Lowest Level Since 2021
June 29, 2023

After three weeks of increases, America’s unemployment numbers are trending down. 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...

Fed Chair Says Core Inflation Won’t Reach 2% Target Until 2025
Economy
Fed Chair Says Core Inflation Won’t Reach 2% Target Until 2025
June 28, 2023

The Federal Reserve’s chairman says core inflation may not reach the 2% mark until 2025. 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,...

Consumers Turn to Specialty eGrocers to Get Smarter With Splurges
Economy
Consumers Turn to Specialty eGrocers to Get Smarter With Splurges
June 23, 2023

As consumers manage their food budgets in response to inflation, many are turning to specialty and niche eGrocers to be selective about what they splurge on, according to Umamicart Co-founder and CEO Andrea Xu. Get the Full Story Complete the form to unlock this article and enjoy unlimited...