Economy

Economy
Inflation Slows but Consumers Still Pivot to Cheaper Merchants
March 31, 2023

Inflation is slowing — but not enough to cheer consumers, who expect inflation to last a long time. 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...

Economy
‘Downward Revisions’ to Consumer Spending, Jobless Claims Cloud Merchants’ Outlook
March 30, 2023

Economic data can be a work in progress — refined, revised and re-presented to better understand where things stand. 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
Jobless Claims Climb by 7K Following Previous Week’s Drop
March 30, 2023

U.S. unemployment claims increased last week amid what remains a strong labor market. 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
Consumer Confidence up Slightly as Recession Looms
March 28, 2023

American consumers are gloomy about current economic conditions but confident in the future. 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
Caring for Kids and Parents Has Gen X Falling Behind Financially
March 28, 2023

The latest installment of PYMNTS’ generational mini-series deep dives into Generation X’s digital habits and behavior. 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
World Bank Says Nations Must Adopt Policies to Boost Growth
March 27, 2023

Nations need to make changes to prevent an anticipated slump in global growth. 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
US Airbnb Hosts Using $22 Billion in Earnings to Cover Rising Cost of Living
March 23, 2023

Airbnb hosts are using the service to cope with the rising cost of living. 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
Number of Initial Jobless Claims Drops by 1,000
March 23, 2023

A thousand fewer Americans applied for unemployment last week than did so the previous week. 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,...

Economy
Consumer Sentiment Slipped in March Before SVB Failure
March 17, 2023

Consumer sentiment about the economy and their finances slipped in March but remained higher than a year ago. 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...