Economy

Economy
Tax Refunds Fuel Unexpected Used Car Price Spike
March 06, 2026

Wholesale used vehicle prices increased by 4% year over year in February, driven by warmer weather and larger-than-usual tax refunds, Cox Automotive reported Friday (March 6). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Economy
Fed Data Shows Labor Economy Anchoring Consumer Spending
March 04, 2026

The latest Federal Reserve Beige Book, released on Wednesday (March 4), describes a U.S. economy advancing at a restrained pace, a finding that corresponds with  PYMNTS Intelligence data showing that millions of workers remain employed yet financially unsettled, while still opening their wallets to underpin...

Economy
American Factories Reverse 40-Month Slump With New Growth
March 03, 2026

The manufacturing sector saw more economic activity in February, marking the second consecutive month of growth and only the third month of growth in the past 40 months, the Institute for Supply Management (ISM) said Tuesday (March 3). Get the Full Story Complete the form...

Economy
NY Fed Chief Sees Growing Divide Between Low-Income and High-Income Households
March 03, 2026

A top Federal Reserve official said he sees an increasing divide between low-income and high-income households. 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
BofA Economists See AI Creating New Types of Jobs
March 02, 2026

Bank of America Securities economists said the adoption of artificial intelligence (AI) is more likely to create new kinds of jobs than to simply eliminate jobs, Seeking Alpha reported Sunday (March 1). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Economy
Senate’s AFFORD Act Seeks New Capital for Underserved Markets
February 27, 2026

A bill introduced in the Senate Thursday (Feb. 26) would strengthen the role of the Community Development Financial Institutions Fund (CDFI Fund) in improving capital access and economic development in underserved communities, its supporters say. Get the Full Story Complete the form to unlock this...

Economy
Tariff Whiplash in Washington Leaves CFOs Managing Cash Cycle Fallout
February 23, 2026

The global tariff environment has shown CFOs and procurement leaders that operational assumptions can be proven wrong at the drop of a hat. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Economy
Fed Governor Says US Likely Lost Jobs in 2025
February 23, 2026

A leading Federal Reserve official says that employment in the U.S. likely declined last year. 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
Middle-Market Confidence Splits in 2026 as Tariffs and Supply Chains Weigh on High-Uncertainty Firms
February 20, 2026

Uncertainty is no longer a background condition for middle-market firms. It is now a measurable cost center. 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...