economy

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

Gen Z Splurges on Grocery Treats as Older Consumers Cut Back

Gen Z Splurges on Grocery Treats as Older Consumers Cut Back
Gen Z Splurges on Grocery Treats as Older Consumers Cut Back
June 04, 2023  |  Retail

As older consumers look for ways to reduce their grocery spending in the face of elevated food inflation, most young shoppers continue to splurge on...

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Subprime Borrowers’ Delinquencies up as Credit Lifeline Grows Taut
Subprime Borrowers’ Delinquencies up as Credit Lifeline Grows Taut
June 02, 2023  |  Debt

Credit card use is up, and card balances are increasing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Grocers Cut Prices Globally as Discount Retailers Gain Share
Grocers Cut Prices Globally as Discount Retailers Gain Share
June 02, 2023  |  Retail

Forced to choose between protecting their margins and losing more share to discount retailers, grocery chains worldwide are slashing prices to remain competitive. Get the...

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Lingering Office Closures Hit Hard for Times Square Small Businesses
Lingering Office Closures Hit Hard for Times Square Small Businesses
June 02, 2023  |  SMBs

Small businesses in Times Square are reportedly struggling in the post-pandemic environment. Get the Full Story Complete the form to unlock this article and enjoy...

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Jobs Data Signal Main Street Small Businesses Foresee Resilient Consumer Demand
Jobs Data Signal Main Street Small Businesses Foresee Resilient Consumer Demand
June 02, 2023  |  Economy

Uncertainty reigns, but if the spate of jobs reports that marked a busy week of economic data show a trend, it’s that Main Street small...

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Macy’s Navigates Weak Consumer Demand, Continues Deep Discounts
Macy’s Navigates Weak Consumer Demand, Continues Deep Discounts
June 01, 2023  |  Retail

Earlier, PYMNTS reported that the summer of markdowns is here as Macy’s (along with Dollar General) struggled with declining consumer demand. The retailer has now...

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Small Businesses Struggle as Banks Tighten Lending
Small Businesses Struggle as Banks Tighten Lending
June 01, 2023  |  Loans

Smaller businesses have begun cutting back as banks impose tougher lending standards. Get the Full Story Complete the form to unlock this article and enjoy...

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Macy’s and Dollar General Results Show Inflation’s Bite Is Far-Reaching
Macy’s and Dollar General Results Show Inflation’s Bite Is Far-Reaching
June 01, 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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