Economy

Economic Data Shows Inflation Still Threatens Discretionary Spending
Economy
Economic Data Shows Inflation Still Threatens Discretionary Spending
April 28, 2023

Inflation is cooling, but its stubborn entrenchment is leading consumers to reconsider where and even whether to spend their dollars. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Consumer Spending Flattened in March While Prices Continued to Rise
Economy
Consumer Spending Flattened in March While Prices Continued to Rise
April 28, 2023

Consumer spending flattened in March while prices continued to rise. 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...

GDP Figures Show Economy Slowing and Consumers Still Spending
Economy
GDP Figures Show Economy Slowing and Consumers Still Spending
April 27, 2023

The U.S. economy slowed in the first three months of 2023, according to new government 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...

Consumers Shun Big Purchases as Confidence Falls
Economy
Consumers Shun Big Purchases as Confidence Falls
April 26, 2023

Americans are planning fewer vacations and major purchases as consumers prepare for worsening conditions. 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...

Main Street Merchant Recession Expectations Match Fed, Consumer Sentiment
Economy
Main Street Merchant Recession Expectations Match Fed, Consumer Sentiment
April 23, 2023

After pandemic and inflation woes, Main Street is digging in to face economic headwinds on the horizon. 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...

Markups by Auto Dealers Helped Fuel Inflation, Government Study Shows
Economy
Markups by Auto Dealers Helped Fuel Inflation, Government Study Shows
April 23, 2023

New government research shows that markups on new vehicles helped drive the inflation plaguing consumers. 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,...

Buzzfeed and Insider Reportedly Cutting Jobs Amid Advertising Slowdowns
Economy
Buzzfeed and Insider Reportedly Cutting Jobs Amid Advertising Slowdowns
April 20, 2023

Two digital media organizations have reportedly made job cuts. 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,...

With Used Car Sales Down 21% in Q1, AutoNation Focuses on After-Sale Services
Economy
With Used Car Sales Down 21% in Q1, AutoNation Focuses on After-Sale Services
April 20, 2023

Bolstering its service offerings at a time when inventories of new and used vehicles are tight, AutoNation is focusing more on aftermarket tune-ups and tightening relationships with its base of some 10 million U.S. households. Get the Full Story Complete the form to unlock this...

Repo Companies Predict Boom as Consumers Miss Car Payments
Economy
Repo Companies Predict Boom as Consumers Miss Car Payments
April 19, 2023

Repossession companies are reportedly preparing for a boom period as consumers struggle to pay bills. 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,...