Two reports released Friday (Dec. 5) showed a consumer economy that remains active and alert but increasingly pressured. Data from the Bureau of Economic Analysis and the University of Michigan revealed that income gains are slowing, spending growth is cooling off, and sentiment is stuck...
A trio of labor reports, spanning government, private sector data and PYMNTS Intelligence findings, shows that uncertainty is rising among hourly workers even as their spending continues. Jobless claims are at a three-year low, but companies are planning more cuts, and wages for the 60...
How your job pays you as an employee is important. Half of Generation Z workers earn hourly wages, according to PYMNTS Intelligence’s “Income Instability Is Redefining the Paycheck-to-Paycheck Economy,” the November edition of the “New Reality Check: The Paycheck-to-Paycheck Report.” Born after 1996 and now...
U.S. manufacturing activity contracted in November by the most in four months, signaling that producers are struggling to overcome an extended period of malaise, Bloomberg reported Monday (Dec. 1). Based on a new survey, the Institute for Supply Management’s (ISM’s) manufacturing index eased 0.5 point,...
Business activity in the United States increased for the second consecutive month and reached a four-month high in November, S&P Global said Friday (Nov. 21). The company’s Flash U.S. Composite PMI Output Index rose from 54.6 in October to 54.8 in November, according to a...
Tariffs are entering what increasingly feels like a mature phase. As highlighted by enterprise executives heading into the final quarter of the year, the challenge for companies is shifting. The question is no longer whether tariffs will continue, no matter the Supreme Court case against them,...
The impact of U.S. tariffs continues to rock the logistics and transportation industries, CNBC reported Thursday (Nov. 20). Major ports are seeing a drop in imports. For the first time this year, rates in October for van, flatbed and refrigerated loads were lower on a...
The Bureau of Labor Statistics (BLS) will not issue two of its economic data news releases because of the lingering effects of the government shutdown that ended last week. The agency said on its webpage of revised news release dates that it has canceled the...
Watch more: What’s Next in Payments: Convera’s Patrick Gauthier Convera CEO Patrick Gauthier said 2025 has been a year of extremes. It has been a test of leadership in a world where global shocks, technological change and monetary policy have collided. “It’s a year with...