Economy

Economy
Fed Weighs Future Rates Hikes as Consumer Spending Persists
October 29, 2023

Just how resilient is the American consumer? It’s a key question facing the Federal Reserve. 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...

Economy
Disposable Personal Income Growth Lags Pace of Inflation
October 27, 2023

Inflation is strong. Consumer spending is strong. 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...

Economy
Summer Spending Surge Fuels 4.9% Jump in GDP
October 26, 2023

Strong consumer spending this summer helped drive economic growth in the U.S. 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...

Economy
Fed Survey: Businesses Expect Sales Growth to Slow
October 25, 2023

American businesses are less sure about future sales than they were before the pandemic. 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...

Economy
Central Banks Debate Inflation Targets, Asset Purchases and Monetary-Fiscal Coordination
October 22, 2023

Central banks worldwide are seeking lessons from the cost-of-living crisis, as they convene for their penultimate meetings of the year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Economy
Fed’s Beige Book Paints Portrait of ‘Mixed’ Consumer Spending
October 18, 2023

The latest qualitative readings on the U.S. economy show that economic activity, at best, seems stagnant. 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
Consumers Face ‘Funflation’ as Live Event Prices Surge
October 17, 2023

For many Americans, having fun has apparently become a source of financial stress. 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....

Economy
Significant Drop in Apparel Prices Provides Relief from Inflation
October 12, 2023

Prices for apparel and household items saw notable declines in September, even as the Consumer Price Index for All Urban Consumers (CPI-U) rose 0.4%.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Economy
Report: White House Meeting With Business Leaders to Discuss Economy
October 12, 2023

President Joe Biden will reportedly meet with a half dozen business leaders from various industries on Thursday (Oct. 12) to hear their perspectives on the economy and the labor market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...