economy

US economy is an area of the production, distribution and trade, as well as consumption of goods and services by different methods.

Inflation, Consumer Spending Dominate Earnings, Fed’s Focus

Inflation, Consumer Spending Dominate Earnings, Fed’s Focus
Inflation, Consumer Spending Dominate Earnings, Fed’s Focus
July 27, 2022  |  Economy

The great softening is upon us. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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Sky-High Grocery Prices Strain Customer Loyalty
Sky-High Grocery Prices Strain Customer Loyalty
July 27, 2022  |  Economy

As food prices continue to inflate in the double digits year over year, customers of all income brackets are considering switching to lower-priced alternatives to...

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Consumers Feel Impacts of Food Inflation Twice as Much as Actual Price Increases
Consumers Feel Impacts of Food Inflation Twice as Much as Actual Price Increases
July 27, 2022  |  Economy

As food prices skyrocket, the effect on consumers exceeds even that of the already dramatic increases seen in the hard data about these price changes....

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As Restaurant Prices Rise, Fast Food Chains See Lower-Income Consumers Pinching Pennies
As Restaurant Prices Rise, Fast Food Chains See Lower-Income Consumers Pinching Pennies
July 27, 2022  |  Economy

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Inflation Wags the Dog as Pet Accessories Fetch Fewer Sales
Inflation Wags the Dog as Pet Accessories Fetch Fewer Sales
July 27, 2022  |  Economy

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Food and Beverage Brands Push Back on Shift to Private Label
Food and Beverage Brands Push Back on Shift to Private Label
July 27, 2022  |  Economy

As grocery retailers observe consumers shifting to private-label items in the face of rising prices, leading food and beverage (F&B) brands are standing their ground,...

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Adidas Scales Back Its Financial Outlook for the Year
Adidas Scales Back Its Financial Outlook for the Year
July 27, 2022  |  Retail

Footwear giant Adidas announced Tuesday (July 26) that it’s adjusting its outlook for this year downward, citing a slower-than-expected recovery across Greater China since the...

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Visa Payments Volume in Q3 136% Above Pre-Pandemic Levels
Visa Payments Volume in Q3 136% Above Pre-Pandemic Levels
July 26, 2022  |  Earnings

Get up and go — consumers are doing so in droves and using their cards to pay for it all. Get the Full Story Complete...

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