Economy

Economy
Consumer Mood Stays Gloomy Despite July Uptick
August 01, 2025

The mood of consumers improved for a second consecutive month in July, though it remains worse than it was in December, according to the latest installment of the University of Michigan’s Surveys of Consumers, released Friday (Aug. 1). Get the Full Story Complete the form...

Economy
Online Sellers Face Global Suspension of ‘De Minimis’ Exemption
July 31, 2025

Platforms like eBay and Etsy will reportedly be impacted by the global suspension of the “de minimis” exemption that allowed packages valued at less than $800 to enter the U.S. without paying tariffs. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Economy
Consumers’ Incomes and Spending Rose 0.3% in June
July 31, 2025

Both incomes and consumer spending increased in June, according to estimates released Thursday (July 31) by the Bureau of Economic Analysis (BEA). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Economy
Tariff-Driven Price Hikes Rarer Among Consumer Brands
July 31, 2025

How are the world’s consumer brands dealing with ongoing U.S. tariffs? 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...

Economy
Economy Rebounds on Import Drop and Consumer Spending Strength
July 30, 2025

A drop in imports and a pickup in consumer spending led real gross domestic product (GDP) to return to growth in the second quarter, according to the Bureau of Economic Analysis (BEA) advance estimate for the second quarter released Wednesday (July 30). Get the Full...

Economy
Consumer Confidence Improves, but Job Prospect Concerns Remain
July 29, 2025

Consumer confidence reflected a cautiously improving outlook in July, according to The Conference Board. 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...

Economy
US Labor Market Shows Signs of Cooling as Job Openings Drop
July 29, 2025

The U.S. labor market maintained stability in June, though signals of cooling are emerging amid shifting sectoral dynamics. 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...

Economy
Durable Goods Orders Decline After Pre-Tariffs Surge
July 25, 2025

New orders for manufactured durable goods declined by 9.3% in June. 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...

Economy
American Businesses Absorb Tariff Costs to Maintain Market Share
July 25, 2025

American businesses are reportedly absorbing most of the cost of new U.S. tariffs. 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....