inflation

High UK Inflation May Outweigh Growing Card Use
High UK Inflation May Outweigh Growing Card Use
January 24, 2022  |  Economy

Consumers in the U.K. were bullish on spending in the first two weeks of the new year, but rising inflation is expected to take a...

READ MORE >
Inflation Hits 7%, Highest Level in 40 Years
Inflation Hits 7%, Highest Level in 40 Years
January 12, 2022  |  Economy

Inflation rose 7% over the last year, the highest level in 40 years, the Bureau of Labor Statistics said in its Consumer Price Index (CPI)...

READ MORE >
Edmunds: Q4 Monthly Car Payments Expected to Break Records
Edmunds: Q4 Monthly Car Payments Expected to Break Records
January 04, 2022  |  Personal Finance

The average monthly payment for new vehicles is expected to jump to $636 in the fourth quarter of 2021, up from $614 in the third...

READ MORE >
December Report: 40% of Consumers Pessimistic About Economy
December Report: 40% of Consumers Pessimistic About Economy
December 28, 2021  |  Economy

As the COVID-19 pandemic continues its spread across the U.S. and around the world, people are becoming increasingly troubled about the state of the economy,...

READ MORE >
Paycheck to Paycheck Consumers Squeezed By Largest Import Food Price Increases In 10 Years
Paycheck to Paycheck Consumers Squeezed By Largest Import Food Price Increases In 10 Years
December 22, 2021  |  Economy

After months of anecdotal evidence and first-hand experience, new government data has confirmed and “put a number on” what most consumers already know all too...

READ MORE >
Increased Buying Power Fuels Cost Hikes, Overloads Supply Chain
Increased Buying Power Fuels Cost Hikes, Overloads Supply Chain
December 21, 2021  |  Supply Chain

Despite the continued tolls of the 2-year-old pandemic, U.S. consumers’ increased buying power is straining supply chains worldwide and leading to the ongoing surge in...

READ MORE >
Shipping, Logistics Costs Expected to Keep Rising in ‘22 
Shipping, Logistics Costs Expected to Keep Rising in ‘22 
December 20, 2021  |  Delivery

The price of shipping and logistics for companies is not expected to ease in the new year as the challenge to deliver products endures amid...

READ MORE >
Wholesale Prices Make Fastest Jump on Record in November
Wholesale Prices Make Fastest Jump on Record in November
December 14, 2021  |  Economy

Wholesale prices increased 9.6% in November compared to the same time in 2020, marking their biggest year-to-year jump on record and presenting another sign that...

READ MORE >
Consumer Sentiment Recovers Slightly, After 10-Year Low 
Consumer Sentiment Recovers Slightly, After 10-Year Low 
December 10, 2021  |  Economy

Consumer sentiment in the U.S. rose to 70.4 for December of this year, a slight improvement from the 10-year low logged last month. That’s according...

READ MORE >