Economy

Economy
Culinary School Enrollment Falls Amid Restaurants’ Hiring Challenges
September 01, 2022

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Economy
Gas Down, Consumer Confidence Up, as People Shop, Plan Vacations
August 30, 2022

Falling gasoline prices and a dip in the inflation rate put consumers in a slightly better mood this month while helping a private sector gauge of optimism snap a three-month losing streak. Get the Full Story Complete the form to unlock this article and enjoy...

Economy
Savings Not Enough to Blunt Paycheck-to-Paycheck Pressures
August 29, 2022

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Economy
The Data Point: 83% of Consumers Bought Groceries in July, Down 87% in June
August 29, 2022

With inflation and unleashed summer travel demand putting the hurt on weakened paychecks, more consumers — especially younger demos — dined out for a better deal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Economy
Data Shows 1 in 6 US Homes Behind on Utility Bills
August 24, 2022

Tens of millions of homes in the U.S. are behind on electric payments, which has led to power companies shutting off their utilities, a Bloomberg report said Wednesday (Aug. 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Economy
As Prices Rise, Three-Quarters of Consumers Eat at Home More Often
August 17, 2022

Soaring food prices have many consumers rethinking their dining habits, shifting from dining out to less expensive food-at-home alternatives. 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...

Economy
Retail Sales Flat in July as Pump Prices Dip Further
August 17, 2022

Tumbling gas prices at the pump were not enough to boost retail sales in July, which remained unchanged from June’s level of 0.8%, revised downward from 1%, as record-high inflation and rising interest rates continue to wreak havoc on household budgets and businesses’ bottom lines....

Economy
Saturday Data Dive: Even the Rich Are Now Trying to Save Time and Money
August 13, 2022

Throughout the pandemic, we’ve all collectively acquired a whole new set of digital doodads and pastimes, but as that episode gives way to the jarring inflationary comedown, consumers in all age and income brackets are now reprioritizing how they spend, shop and relax — even...

Economy
Spiking Food Prices, Fertilizer Shortages Put Multinational Businesses at Risk
August 11, 2022

Rising global food prices, exacerbated by grain and fertilizer shortages produced by the war in Ukraine, are not only hurting households, but posing risks for multinational businesses, The Wall Street Journal reported Thursday (Aug. 11). Get the Full Story Complete the form to unlock this...