Economy

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...

Economy
How Did $1,400 Become the ‘New’ Average Emergency Expense?
September 14, 2022

For years, $400 has served as shorthand for the precarious state of the U.S. consumer’s financial health — namely, whether they could afford to meet an unanticipated emergency expense. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Economy
Inflation Higher than Expected; Food Prices up 11.4% Over Last Year
September 13, 2022

The annual inflation rate in the U.S. eased for the second consecutive month in August, to 8.3%, the lowest reading in six months but missing economists’ forecasts of 8.1%, according to the report from the U.S. Bureau of Labor Statistics on Tuesday (Sept. 13). The decline...

Economy
4 in 10 Consumers Shift to Lower-Priced Restaurants
September 12, 2022

As food prices continue to rise, restaurants known for their value offerings have the opportunity to gain share of stomach from their pricier competitors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Economy
Discount Retail Boosts Square Footage as Consumers Stretch Dollars
September 11, 2022

The death of brick and mortar has been greatly exaggerated.  To get a sense of where the growth may lie — at least in retail — one need only look toward a few sub-segments. Get the Full Story Complete the form to unlock this article...

Economy
Report: Amazon Shuts, Delays Some Facilities as eCommerce Growth Slows
September 09, 2022

After doubling its amount of warehouse space during the first two years of the pandemic, Amazon reportedly seems to be dialing back and rethinking some projects.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...