Economy

Jobless Claims in US Hit Lowest Level Since January
Economy
Jobless Claims in US Hit Lowest Level Since January
September 21, 2023

Initial claims for unemployment insurance in the United States fell by 20,000, down to 201,000, during the week ended Saturday (Sept. 16). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Consumer Spending May Not Be as Resilient as Retail Sales Data Indicates
Economy
Consumer Spending May Not Be as Resilient as Retail Sales Data Indicates
September 20, 2023

The Federal Reserve’s staying pat, for now. 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...

General Mills Predicts Restaurant Inflation Will Drive Fall Grocery Sales
Economy
General Mills Predicts Restaurant Inflation Will Drive Fall Grocery Sales
September 20, 2023

General Mills predicted that with restaurant inflation exacerbating the gap between dining out and eating at home, more consumers will get their food at the grocery store this fall. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Wall Street’s Caution and Downgrades Anticipate Student Loans’ Pinch on Consumer Spending
Economy
Wall Street’s Caution and Downgrades Anticipate Student Loans’ Pinch on Consumer Spending
September 18, 2023

Just a few weeks from now, federal student loan payments resume, ending a moratorium that had been in place since the onset of the pandemic in March of 2020. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Will Weak Consumer Sentiment Hurt Spending Despite Lower Inflation Expectations?
Economy
Will Weak Consumer Sentiment Hurt Spending Despite Lower Inflation Expectations?
September 15, 2023

Consumers, looking ahead, think inflation’s growth rate will moderate. 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,...

As Real Incomes Fall, Student Loans and Everyday Spend Pressure Paycheck-to-Paycheck Economy
Economy
As Real Incomes Fall, Student Loans and Everyday Spend Pressure Paycheck-to-Paycheck Economy
September 14, 2023

Real incomes are falling, and for the paycheck-to-paycheck economy, the struggle to meet monthly obligations will continue to be a challenge at best — and at worst, an impossibility. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

QSR Inflation Outpaces Table Service as Consumers Grapple With Price Increases
Economy
QSR Inflation Outpaces Table Service as Consumers Grapple With Price Increases
September 14, 2023

With menu prices continuing to rise, quick-service restaurant (QSR) inflation is outstripping full-service dining by a considerable margin. 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...

Online Sales Plateau as Consumer Spending Focuses on Gas and Groceries
Economy
Online Sales Plateau as Consumer Spending Focuses on Gas and Groceries
September 14, 2023

Consumers are in the aisles, spending on groceries, the clothes on their backs — and at brick-and-mortar locales, pivoting a bit from online channels. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Spiking Fuel Prices Pitch Wallets of Consumers and Businesses
Economy
Spiking Fuel Prices Pitch Wallets of Consumers and Businesses
September 14, 2023

It’s a season of pain at the pump, no matter what type of fuel you’re pumping. 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...