inflation

Holiday eCommerce Sales Projected to Rise Despite Inflation
Holiday eCommerce Sales Projected to Rise Despite Inflation
September 12, 2024  |  Retail

A new report suggests Americans will slow their holiday spending this year compared to 2023. The annual holiday retail forecast from consulting firm Deloitte, released Thursday (Sept. 12),...

READ MORE >
Mixed Signals: Inflation Slows to 3-Year Low, Yet Essential Costs Rise
Mixed Signals: Inflation Slows to 3-Year Low, Yet Essential Costs Rise
September 11, 2024  |  Economy

The pace of price increases overall is slowing. But the costs of some key essentials remain stubbornly high, and they ticked higher in August. The...

READ MORE >
Could Generational Change Be The Next Wild Card For Financial Services?
Could Generational Change Be The Next Wild Card For Financial Services?
September 11, 2024  |  Opinion

Cultivating a culture of adaptability positions firms to thrive despite economic wild cards, Franklin Madison Chief Financial Officer Preston Porter writes in a new PYMNTS...

READ MORE >
Census Bureau: Household Income Climbed 4% in 2023
Census Bureau: Household Income Climbed 4% in 2023
September 10, 2024  |  Economy

American household incomes increased 4% last year, the first significant increase since before the pandemic, according to the Census Bureau. The data showed that real...

READ MORE >
Burlington Stores CEO Says Lower-Income Shoppers Gaining Amid Economic Shifts
Burlington Stores CEO Says Lower-Income Shoppers Gaining Amid Economic Shifts
September 10, 2024  |  Earnings

As Burlington Stores CEO Michael O’Sullivan discussed the company’s strong fiscal results during its second-quarter earnings call (Aug. 29), he offered his thoughts related to...

READ MORE >
Revolving Debt Hits $1.36T in July, Soars 25% Above Pre-Pandemic Levels
Revolving Debt Hits $1.36T in July, Soars 25% Above Pre-Pandemic Levels
September 09, 2024  |  Consumer Finance

Monday (Sept. 9) offered up a snapshot of consumer sentiment on where inflation is headed, their overall feelings about managing a mounting debt load, and...

READ MORE >
Paycheck-to-Paycheck Shoppers May Demand More Deals Events This Fall
Paycheck-to-Paycheck Shoppers May Demand More Deals Events This Fall
September 03, 2024  |  Retail

In the wake of the savings events rush of the summer, with seemingly every large merchant announcing some major discounting push, consumers are growing accustomed...

READ MORE >
Inflation Cools, but Paycheck-to-Paycheck Consumers Still Feel the Heat
Inflation Cools, but Paycheck-to-Paycheck Consumers Still Feel the Heat
September 02, 2024  |  Economy

The reality is that inflation is cooling. But perception, as they say, is reality. As captured in a PYMNTS Intelligence report in August, the reality...

READ MORE >
Business Equipment Orders Fall Amid Election/Inflation Uncertainty
Business Equipment Orders Fall Amid Election/Inflation Uncertainty
August 26, 2024  |  Economy

U.S. companies ordered less business equipment last month, new government data shows.  Figures released Monday (Aug. 26) by the Commerce Department show that the value...

READ MORE >