Economy

Economy
Better Data and Inventory Management Can Help Firms Offset Sales Uncertainty 
September 26, 2024

The best laid plans of mice and men, wrote the poet Robert Burns, oft go awry. 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...

Economy
Stronger Q2 Data and Falling Jobless Claims May Offset Consumer Confidence Decline
September 26, 2024

The latest revision to second-quarter GDP data is the third and final one. 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....

Economy
Soaring Food and Housing Costs Strain Lower-Income Households
September 25, 2024

The latest data from the Bureau of Labor Statistics on Consumer Expenditures underscores what PYMNTS Intelligence has found for months: Food and shelter, among the most essential of all spending categories, are taking an outsized chunk of households’ paychecks — especially for lower-income consumers. Get...

Economy
Consumer Confidence Drops to 2-Year Low as Paycheck-to-Paycheck Segment Struggles
September 24, 2024

For lower-income consumers, the most vulnerable subset of the paycheck-to-paycheck economy, the outlook is, in a word … gloomy. 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...

Economy
S&P Global Says Companies Raising Prices Amid Increased Input Costs
September 23, 2024

September has seen prices rise at the fastest rate in six months, S&P Global said Monday (Sept. 23), attributing it to increasing input cost growth. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Economy
Paycheck-to-Paycheck Consumers Won’t Find Budgetary Breathing Room From Rate Cuts
September 23, 2024

The initial euphoria that greeted the Federal Reserve’s decision this past week to cut interest rates for the first time in four years was keenly felt on Wall Street. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Economy
JPMorgan Chase CEO Jamie Dimon Says Inflation Likely to Persist
September 20, 2024

JPMorgan Chase CEO Jamie Dimon reportedly said Friday (Sept. 20) that he is skeptical that the U.S. economy will see a soft landing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Economy
Businesses May See Cost of Capital Relief as Fed Slashes Rates
September 18, 2024

The Federal Reserve cut interest rates by 0.5% Wednesday (Sept. 18), the first cut in four years. 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...

Economy
Online Sales Bump August Retail Spending Higher
September 17, 2024

Consumers are still spending, but the pace — at least as detailed in the latest retail sales report from the Census Bureau for August — is slowing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...