Economy

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

New government data shows American consumer debt continuing to grow. 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...

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

Only time will tell if the slight bump in inflation — measured by the latest Consumer Price Index for October and released by the Bureau of Labor Statistics on Wednesday (Nov. 13) — is a blip or something more. Get the Full Story Complete the...

Economy
Inflation Cooldown: Fed Sees Progress but Warns of a Slow Burn
November 12, 2024

There’s data, and then there’s everyday reality. 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...

Economy
Online Grocery Prices Dip for First Time Since Pandemic
November 12, 2024

Online grocery costs reportedly fell last month, their first dip since the COVID-19 pandemic. 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
Global Food Commodity Prices Reach Highest Level in 18 Months
November 08, 2024

Globally traded food commodities rose to their highest level in 18 months in October, driven by adverse weather conditions and other challenges. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Economy
Exclusive: Ahead of New Presidential Administration, Paycheck-to-Paycheck Consumers Feel Pinched
November 07, 2024

Regardless of whether they voted for Trump or for Harris, whether they live in a blue state or a red state, the people living paycheck to paycheck are feeling pinched. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Economy
Will Slight Improvement in Overall Jobs Outlook Boost Confidence to Keep Spending?
November 04, 2024

On its surface, last week’s job report was anemic at best and confounding at worst. 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,...

Economy
Beneath Data Distortions, Jobs Market Shows Signs of Normalizing
November 01, 2024

The U.S. economy added the equivalent of a large company in October, according to data released Friday (Nov. 1) from the Bureau of Labor Statistics. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Economy
Latest Consumer Data Shows Expenses Grew Faster Than Income in September
October 31, 2024

The latest data from the Department of Commerce’s Bureau of Economic Analysis revealed that consumer spending outpaced income growth in September. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...