economy

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

Today in Data: Consumer Sentiment Hits Record Low

Today in Data: Consumer Sentiment Hits Record Low
Today in Data: Consumer Sentiment Hits Record Low
June 14, 2022  |  Today In Data

Today in data, inflation and high gas prices bring the University of Michigan Survey of Consumers’ consumer sentiment to its lowest point on record. Get...

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Bitcoin Plummet Triggers $1B in Margin Calls 
Bitcoin Plummet Triggers $1B in Margin Calls 
June 14, 2022  |  Cryptocurrency

About $1 billion guaranteed by some 260,000 market investors was liquidated due to margin calls in the past 24 hours, according to data from CoinGlass,...

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BoA CFO: Consumers Are Spending ‘Robustly,’ Credit in ‘Great Shape’
BoA CFO: Consumers Are Spending ‘Robustly,’ Credit in ‘Great Shape’
June 13, 2022  |  Economy

Bank of America Chief Financial Officer Alastair Borthwick said customers continue to borrow money and to spend, Bloomberg reported, citing his remarks at a Morgan...

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Restaurants Seeking Fresh Ideas in Automation to Combat Inflation’s Bite
Restaurants Seeking Fresh Ideas in Automation to Combat Inflation’s Bite
June 13, 2022  |  ResTech

When inflation runs rampant, when input costs spiral out of control, no matter the business vertical, margins suffer. Get the Full Story Complete the form...

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Banks Cut Back on Balance Transfer Offers as Economic Headwinds Mount
Banks Cut Back on Balance Transfer Offers as Economic Headwinds Mount
June 13, 2022  |  Economy

The balance transfers are 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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PYMNTS Data: Consumers Switch to Lower-Priced Grocery Brands, Merchants
PYMNTS Data: Consumers Switch to Lower-Priced Grocery Brands, Merchants
June 13, 2022  |  Economy

As grocery prices continue to soar, consumers are adjusting their behaviors. Rather than remaining loyal to their favorite food and beverage brands as they become...

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Today in Data: The Growing Cost of Food and Fuel
Today in Data: The Growing Cost of Food and Fuel
June 13, 2022  |  Today In Data

Today in data, new inflation numbers reflect the increasing cost of paying for food and gasoline. Get the Full Story Complete the form to unlock...

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Retailers Tout Value and Convenience as Consumers Brace for Recession
Retailers Tout Value and Convenience as Consumers Brace for Recession
June 13, 2022  |  Retail

In the face of rising interest rates, record fuel prices, and inflation at a multi-generational high, consumers have begun to prepare for the building economic...

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