Economy

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....

Markets
JKBX Launches Platform for Purchasing Shares of Music Royalty Assets
March 06, 2024

JKBX has announced that its platform for purchasing shares of music royalty assets is now live. 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...

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...

Economy
Paying Over Time for Groceries Will Continue Amid Disposable Income Pressures
March 01, 2024

Recent economic data from this week give ammunition to the argument that paying for groceries over time will be a long-standing trend. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Economy
Consumers Cool on Spending Even as Inflation Slows
February 29, 2024

The headlines Thursday (Feb. 29) trumpet the fact that inflation rose in January at the rate most people expected — by 3% month on month. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Economy
As GDP Growth Decelerates, All Eyes Are on Consumer Spending
February 28, 2024

The latest readings of gross domestic product (GDP) have been revised down — at least a bit. 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...