economy

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

Inflation Redefines ‘Value’ at McDonald’s, Other Fast Food Chains

Inflation Redefines ‘Value’ at McDonald’s, Other Fast Food Chains
Inflation Redefines ‘Value’ at McDonald’s, Other Fast Food Chains
July 28, 2022  |  Economy

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Retail Forecast Cuts Mount as Consumer Worries About Inflation, Recession Intensify
Retail Forecast Cuts Mount as Consumer Worries About Inflation, Recession Intensify
July 28, 2022  |  Retail

It has been said that there’s no hiding from inflation. The effect of increasing prices and the subsequent loss of purchasing power is so unavoidable...

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Overstock Hurt by Increasing Inflation, Rising Prices for Consumer Necessities
Overstock Hurt by Increasing Inflation, Rising Prices for Consumer Necessities
July 28, 2022  |  Retail

Overstock is feeling the pinch from rising prices on necessities like food and fuel, meaning consumer appetite for home furnishings has slowed to some degree....

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GDP Contracts Again, Sparking New Recession Angst
GDP Contracts Again, Sparking New Recession Angst
July 28, 2022  |  Economy

The U.S. economy contracted for the second consecutive quarter, with gross domestic product (GDP) decreasing at a 0.9% annualized rate after decreasing 1.6% in the...

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LendingClub Says Consumer Stress Driving Increase in Credit Card Balances and Demand for Loans
LendingClub Says Consumer Stress Driving Increase in Credit Card Balances and Demand for Loans
July 27, 2022  |  Earnings

LendingClub’s transition to a digital banking model proceeds apace, but its core consumer loan business continues to gain traction in an inflationary environment, where maintaining...

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Inflation, Consumer Spending Dominate Earnings, Fed’s Focus
Inflation, Consumer Spending Dominate Earnings, Fed’s Focus
July 27, 2022  |  Economy

The great softening is upon us. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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Sky-High Grocery Prices Strain Customer Loyalty
Sky-High Grocery Prices Strain Customer Loyalty
July 27, 2022  |  Economy

As food prices continue to inflate in the double digits year over year, customers of all income brackets are considering switching to lower-priced alternatives to...

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Consumers Feel Impacts of Food Inflation Twice as Much as Actual Price Increases
Consumers Feel Impacts of Food Inflation Twice as Much as Actual Price Increases
July 27, 2022  |  Economy

As food prices skyrocket, the effect on consumers exceeds even that of the already dramatic increases seen in the hard data about these price changes....

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