Economy

Used Car Prices Drop as Consumers Pull Back on Spending
Economy
Used Car Prices Drop as Consumers Pull Back on Spending
May 05, 2023

Used car prices dropped in April, marking the first month-over-month decline seen this year. 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...

US Jobless Claims Rise Along With Labor Costs
Economy
US Jobless Claims Rise Along With Labor Costs
May 04, 2023

U.S. unemployment claims climbed last week — as did the cost of labor — as productivity fell. 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...

Pay Growth Slows As Workers ‘Come Off the Sidelines’
Economy
Pay Growth Slows As Workers ‘Come Off the Sidelines’
May 03, 2023

Private employers went on a hiring spree in April but were less quick to raise wages. 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...

US Layoffs Reach Two-Year High in Push for Profitability
Economy
US Layoffs Reach Two-Year High in Push for Profitability
May 02, 2023

New figures from the Labor Department show U.S. layoffs reaching their highest level in more than two 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...

Economic Data Shows Inflation Still Threatens Discretionary Spending
Economy
Economic Data Shows Inflation Still Threatens Discretionary Spending
April 28, 2023

Inflation is cooling, but its stubborn entrenchment is leading consumers to reconsider where and even whether to spend their dollars. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Consumer Spending Flattened in March While Prices Continued to Rise
Economy
Consumer Spending Flattened in March While Prices Continued to Rise
April 28, 2023

Consumer spending flattened in March while prices continued to rise. 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...

GDP Figures Show Economy Slowing and Consumers Still Spending
Economy
GDP Figures Show Economy Slowing and Consumers Still Spending
April 27, 2023

The U.S. economy slowed in the first three months of 2023, according to new government data. 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...

Consumers Shun Big Purchases as Confidence Falls
Economy
Consumers Shun Big Purchases as Confidence Falls
April 26, 2023

Americans are planning fewer vacations and major purchases as consumers prepare for worsening conditions. 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...

Main Street Merchant Recession Expectations Match Fed, Consumer Sentiment
Economy
Main Street Merchant Recession Expectations Match Fed, Consumer Sentiment
April 23, 2023

After pandemic and inflation woes, Main Street is digging in to face economic headwinds on the horizon. 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...