Economy

Economy
Number of Restaurants Facing Closure Surges Amid Inflation
October 03, 2022

Macroeconomic headwinds are posing a very real threat to restaurants, with an increasing number of eateries now expecting the worst in their future. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Economy
74% of Consumers Feel Pinch of Rising Monthly Bills
October 03, 2022

Inflation has settled in, stubbornly, near 40-year highs. 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...

Economy
US Spending Data Shows Shrinking Consumer Cash Cushions
September 30, 2022

While most everyone is parsing the consumer spending data from August, and while consumer spending continued to rise, there are some numbers that give one pause. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Economy
More Spending, Bigger Paychecks Shine Hope on Economic Recovery
September 30, 2022

Consumer spending in August rose 0.4%, aligning with bigger paychecks and rebounding from a decline last month even as inflation stays high. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Economy
CarMax Earnings Point to Shaky Used Car Market
September 30, 2022

CarMax’s recent results signal some trouble spots that extend far beyond the used car industry and hint at some of the fires that may flare within the paycheck-to-paycheck economy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Economy
Rural Consumers Feel Grocery Inflation More Than Their Urban Counterparts
September 29, 2022

Food prices may be skyrocketing all across the country, but consumers in rural areas are feeling this inflation the most acutely by a significant margin. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Economy
9 in 10 Consumers Feel the Impact of Grocery Inflation
September 28, 2022

The vast majority of United States grocery shoppers are feeling the impacts of skyrocketing price inflation. 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
PYMNTS Intelligence: Consumers Fear Inflation Will Linger for 22 Months — or More
September 21, 2022

The Federal Reserve boosted interest rates again on Wednesday (Sept. 21) attempting to beat back rampant inflation — cold comfort to consumers bearing the brunt of exorbitant prices on daily essentials. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Economy
August Retail Spending up Against Backdrop of Falling Gas Prices
September 15, 2022

Retail spending inched up in August as prices at the gas pump continued to fall and consumers forged forward despite high inflation and rising interest rates taking a bigger bite of household budgets. Get the Full Story Complete the form to unlock this article and...