economy

US economy is an area of the production, distribution and trade, as well as consumption of goods and services by different methods.

Consumers’ Wallets Get Break With Lower Egg Prices

Consumers’ Wallets Get Break With Lower Egg Prices
Consumers’ Wallets Get Break With Lower Egg Prices
June 13, 2023  |  Consumer Payments

Eggs have been a major driver of grocery inflation’s persistence, with average prices in recent months rising more than 21% year over year, per the Bureau of...

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Eurozone Recession May Hint at What’s to Come for US
Eurozone Recession May Hint at What’s to Come for US
June 13, 2023  |  Economy

Slowed consumer spending led to a recession for the eurozone, stoking speculation of a global pullback. Get the Full Story Complete the form to unlock...

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NYC Raises Food Delivery Driver Minimum Wage in Ongoing Aggregator Tug-O’-War 
NYC Raises Food Delivery Driver Minimum Wage in Ongoing Aggregator Tug-O’-War 
June 13, 2023  |  News

As aggregators, consumers, gig drivers and restaurants alike struggle to make the economics of on-demand food delivery work out in their favor, New York City...

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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

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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A Tale of Two GPTs
A Tale of Two GPTs
June 13, 2023  |  Artificial Intelligence

Except perhaps for those who have been completely off the grid for the last year, pretty much everyone has heard about ChatGPT.  Get the Full...

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Jobs Numbers Paint Mixed Picture of US Economic Health
Jobs Numbers Paint Mixed Picture of US Economic Health
June 12, 2023  |  Economy

A strong labor market may be softening, confirming consumer hesitancy in returning to previous spending patterns.  Get the Full Story Complete the form to unlock...

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Meat May Be on Chopping Block as Consumers Continue Cost-Cutting
Meat May Be on Chopping Block as Consumers Continue Cost-Cutting
June 12, 2023  |  Consumer Insights

Consumers may be reaching their affordability ceiling when it comes to products such as ham. Get the Full Story Complete the form to unlock this...

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Female, Gen X, Middle-Income Shoppers Leading Wave of Spending Cutbacks 
Female, Gen X, Middle-Income Shoppers Leading Wave of Spending Cutbacks 
June 12, 2023  |  Retail

When examining consumer spending habits, top-down numbers may not tell the whole story. Get the Full Story Complete the form to unlock this article and...

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