Economy

US Business Inventories Spring Up Slightly in April
Economy
US Business Inventories Spring Up Slightly in April
June 15, 2023

America’s business inventories enjoyed a slight rebound in April, according to new Commerce Department 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 newsletter, PYMNTS...

Cava Sees IPO Success While Other Fast-Casuals Take Stock Market Hit
Markets
Cava Sees IPO Success While Other Fast-Casuals Take Stock Market Hit
June 15, 2023

With the competitive environment for fast-casual chains looking for investors growing more crowded, other brands appear to be suffering from Cava’s success. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail Sales Data Shows Consumers Remain Undaunted by Inflation
Economy
Retail Sales Data Shows Consumers Remain Undaunted by Inflation
June 15, 2023

The latest retail sales data brings to mind that old 1960s mantra: Keep on truckin’. 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,...

Main Street Small Businesses May See Margin Relief as Producer Prices Fall
Economy
Main Street Small Businesses May See Margin Relief as Producer Prices Fall
June 14, 2023

The latest readings on inflation, released Wednesday (June 14), signal some margin relief for Main Street small businesses. 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...

Eurozone Recession May Hint at What’s to Come for US
Economy
Eurozone Recession May Hint at What’s to Come for US
June 13, 2023

Slowed consumer spending led to a recession for the eurozone, stoking speculation of a global pullback. 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...

Inflation Slows, but Everyday Essentials Still Pinch Paycheck-to-Paycheck Consumers
Economy
Inflation Slows, but Everyday Essentials Still Pinch Paycheck-to-Paycheck Consumers
June 13, 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...

Jobs Numbers Paint Mixed Picture of US Economic Health
Economy
Jobs Numbers Paint Mixed Picture of US Economic Health
June 12, 2023

A strong labor market may be softening, confirming consumer hesitancy in returning to previous spending patterns.  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...

Unemployment Claims Hit Highest Level Since October 2021
Economy
Unemployment Claims Hit Highest Level Since October 2021
June 08, 2023

U.S. unemployment claims reached an almost two-year high last week amid ongoing layoffs. 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....

Advertised Wage Growth Slowed in May, Especially in Software Development
Economy
Advertised Wage Growth Slowed in May, Especially in Software Development
June 07, 2023

Advertised wage growth is slowing in most job categories, with software development being especially weak. 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,...