Consumer spending — the engine that drives the U.S. economy — is flagging, helping to reverse what seemed like relentless growth in gross domestic product (GDP) in previous quarters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Consumer spending, the chief engine of economic growth, was not enough to stop an overall pullback in U.S. gross domestic product (GDP). And with evidence of a slowing gains in disposable income, consumers’ appetite to keep spending look set to be tested. Get the Full...
The International Monetary Fund (IMF) said Wednesday (April 23) that the world’s governments should not let their support for those impacted by tariffs add to their already growing level of debt. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The World Happiness Report was released on March 20, which, in case you didn’t know, was the UN’s International Day of Happiness. The big reveal is who is the happiest country of them all. And who is up or down. Get the Full Story Complete...
November 27, 2024
The Bureau of Economic Analysis confirmed Wednesday (Nov. 27) that third-quarter GDP grew at a 2.8% rate, unchanged from a previous estimate. 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. By […]
October 30, 2024
It’s a truism that as the U.S. consumer goes, so goes the economy. And consumers are still opening their wallets and purses, tapping to pay, clicking to pay, swiping their...
July 25, 2024
The newest reading on gross domestic product (GDP) — for the second quarter, only a few weeks in the books — shows a quickening pace of growth. Get the Full...
April 25, 2024
And now it seems the slowdown is here. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
December 23, 2025
Two new sets of data show consumers are spending strongly but not feeling confident. 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. By completing this form, you agree to receive marketing […]
April 23, 2025
The International Monetary Fund (IMF) said Wednesday (April 23) that the world’s governments should not let their support for those impacted by tariffs add to their already growing level of debt....
March 06, 2024
The U.S. Census Bureau revised its wholesale inventories estimate for January downward Wednesday (March 6). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
January 25, 2024
America’s economy grew 3.1% in 2023 amid continued consumer spending on vehicles and electronics. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
