bureau of labor statistics

Main Street Small Businesses May See Margin Relief as Producer Prices Fall
Main Street Small Businesses May See Margin Relief as Producer Prices Fall
June 14, 2023  |  Economy

The latest readings on inflation, released Wednesday (June 14), signal some margin relief for Main Street small businesses. And, by extension, consumers may see some...

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Inflation Slows, but Everyday Essentials Still Pinch Paycheck-to-Paycheck Consumers
Inflation Slows, but Everyday Essentials Still Pinch Paycheck-to-Paycheck Consumers
June 13, 2023  |  Economy

Wall Street is parsing the latest inflation data, gaming the odds of another Fed rate hike — or pause. And while the headline data show...

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Auto Sales Slump Could Be a Crisis of the Sector’s Own Making
Auto Sales Slump Could Be a Crisis of the Sector’s Own Making
May 12, 2023  |  Retail

The Bureau of Labor Statistics (BLS) published a little-noticed piece last month analyzing the part auto dealers’ markups played in new car price tag inflation during...

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US Jobless Claims Rise Along With Labor Costs
US Jobless Claims Rise Along With Labor Costs
May 04, 2023  |  Economy

U.S. unemployment claims climbed last week — as did the cost of labor — as productivity fell. That’s according to government data released Thursday (May...

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Markups by Auto Dealers Helped Fuel Inflation, Government Study Shows
Markups by Auto Dealers Helped Fuel Inflation, Government Study Shows
April 23, 2023  |  Economy

New government research shows that markups on new vehicles helped drive the inflation plaguing consumers. A recent study by the U.S. Bureau of Labor Statistics...

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US Adds 311,000 Jobs in February, Lagging Behind Six-Month Average
US Adds 311,000 Jobs in February, Lagging Behind Six-Month Average
March 10, 2023  |  Economy

Job growth continued but slowed as the U.S. added 311,000 jobs in February. That gain was lower than the revised 504,000 added jobs reported for...

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Jan. CPI Slips to 6.4% but Data May Fan Consumers’ Inflation Fears 
Jan. CPI Slips to 6.4% but Data May Fan Consumers’ Inflation Fears 
February 14, 2023  |  Economy

A majority of consumers think inflation this year will trump 2022’s soaring pace. The latest data from the Labor Department may not dispel that notion....

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PYMNTS Data Pegs Two-Year Bite of Inflation at 13.5%
PYMNTS Data Pegs Two-Year Bite of Inflation at 13.5%
January 25, 2023  |  Economy

The worst is over for inflation, and the impact of rising prices will recede. Not by a long shot. The long-term perspective tells us otherwise....

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Consumers’ Inflation Perception and Government Data Are Miles Apart
Consumers’ Inflation Perception and Government Data Are Miles Apart
January 18, 2023  |  Economy

When it comes to inflation, consumers may be a more accurate barometer than government statistics. In a series of studies, PYMNTS has consistently found disagreement...

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