The Producer Price Index (PPI) was unchanged in September after rising 0.2% in August. The PPI, which measures wholesale prices, saw a 0.2% increase in the index for final demand services offset a 0.2% decline in prices for final demand goods, the Bureau of Labor...
The United States economy added 254,000 jobs in September, exceeding economists’ expectations and potentially mitigating some recent concerns about job prospects among the paycheck-to-paycheck consumer segment. The gains in total nonfarm payroll employment also surpassed the average monthly gain over the previous 12 months, which...
In the U.S. economy, the jobs market has been volatile to say the least. To that end, the most recent Job Openings and Labor Turnover report released Tuesday (Oct. 1) by the Bureau of Labor Statistics shows that the total, “headline” number of jobs available...
The latest data from the Bureau of Labor Statistics on Consumer Expenditures underscores what PYMNTS Intelligence has found for months: Food and shelter, among the most essential of all spending categories, are taking an outsized chunk of households’ paychecks — especially for lower-income consumers. The...
September 02, 2024
The reality is that inflation is cooling. But perception, as they say, is reality. As captured in a PYMNTS Intelligence report in August, the reality is that the current level of essential goods and services is making it hard for paycheck-to-paycheck consumers to make ends meet. The Consumer Price Index (CPI) rose 0.2% in July, […]
April 05, 2024
Wages are increasing. The unemployment rate’s lower. The U.S. economy added more jobs in March than had been expected. And yet, it all may not be enough to offset the...
March 15, 2024
Call it status quo — and maybe a sense of ennui? The latest, preliminary readings of consumer sentiment for the month of March, issued Friday (March 15) by the University...
February 13, 2024
The latest data from the government on consumer prices indicates a bit of weary truth: Inflation’s settled in, seemingly for the long haul. The Bureau of Labor Statistics noted on Tuesday...
October 11, 2024
The Producer Price Index (PPI) was unchanged in September after rising 0.2% in August. The PPI, which measures wholesale prices, saw a 0.2% increase in the index for final demand services offset a 0.2% decline in prices for final demand goods, the Bureau of Labor Statistics (BLS) said in a Friday (Oct. 11) press release. […]
October 04, 2024
The United States economy added 254,000 jobs in September, exceeding economists’ expectations and potentially mitigating some recent concerns about job prospects among the paycheck-to-paycheck consumer segment. The gains in total...
September 04, 2024
The number of job openings in the United States declined to 7.67 million in July, down from 7.91 million in June and 8.81 million a year earlier. The Bureau of...
August 28, 2024
The Bureau of Labor Statistics (BLS) is changing how it announces data after an incident in which a data release was delayed but the information was shared with some external users...