inflation

October’s Surprise: Inflation Heats Up While GDP Cools Down

October’s Surprise: Inflation Heats Up While GDP Cools Down
October’s Surprise: Inflation Heats Up While GDP Cools Down
November 27, 2024  |  Economy

The Personal Consumption Expenditures Price Index for October showed a re-ignition of inflation. The PCE increased at an annualized 2.3% rate, which is a quickening...

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Latest GDP Data Indicates Continuing Pressures on Disposable Income
Latest GDP Data Indicates Continuing Pressures on Disposable Income
November 27, 2024  |  Economy

The Bureau of Economic Analysis confirmed Wednesday (Nov. 27) that third-quarter GDP grew at a 2.8% rate, unchanged from a previous estimate. However, there are...

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November Consumer Confidence Jumps, but Spending Plans Mixed
November Consumer Confidence Jumps, but Spending Plans Mixed
November 26, 2024  |  Consumer Insights

Headed into Black Friday, consumers are more positive than they have been in months. That’s among the takeaways from the latest reading of The Conference...

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Retailers Take Note: Consumers Say There Are Too Many Deals
Retailers Take Note: Consumers Say There Are Too Many Deals
November 25, 2024  |  Consumer Insights

Through the past few years, consumers in the United States, have collectively seemed to be an unstoppable force. They have spent through inflationary times, geopolitical...

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Leading Indicators: Bumpy Holiday Season for Consumers, and Maybe B2B Too?
Leading Indicators: Bumpy Holiday Season for Consumers, and Maybe B2B Too?
November 22, 2024  |  Economy

This week, PYMNTS Intelligence noted the appeal of paying over time — especially now, headed into the holiday shopping season, which starts, well, now. Our...

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October Retail Sales Up Overall but Online Sales Slow
October Retail Sales Up Overall but Online Sales Slow
November 15, 2024  |  Consumer Insights

October retail sales were up 0.4%, according to data from the U.S. Census Bureau. Although U.S. consumers keep opening their wallets, auto-related sales boosted results,...

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Fed: Household Debt Nears $18 Trillion as Delinquencies Pressure Consumers
Fed: Household Debt Nears $18 Trillion as Delinquencies Pressure Consumers
November 13, 2024  |  Economy

New government data shows American consumer debt continuing to grow. The Federal Reserve Bank of New York’s Center for Microeconomic Data released its Quarterly Report on...

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Consumers Discount Inflation That ‘Meets’ Estimates as Post-Pandemic Housing, Food Costs Soar 25%
Consumers Discount Inflation That ‘Meets’ Estimates as Post-Pandemic Housing, Food Costs Soar 25%
November 13, 2024  |  Economy

Only time will tell if the slight bump in inflation — measured by the latest Consumer Price Index for October and released by the Bureau...

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