bureau of labor statistics

Soaring Food and Housing Costs Strain Lower-Income Households
Soaring Food and Housing Costs Strain Lower-Income Households
September 25, 2024  |  Economy

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...

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Mixed Signals: Inflation Slows to 3-Year Low, Yet Essential Costs Rise
Mixed Signals: Inflation Slows to 3-Year Low, Yet Essential Costs Rise
September 11, 2024  |  Economy

The pace of price increases overall is slowing. But the costs of some key essentials remain stubbornly high, and they ticked higher in August. The...

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Labor Market Slows, Dimming Hopes of Workers Looking to Change Jobs
Labor Market Slows, Dimming Hopes of Workers Looking to Change Jobs
September 06, 2024  |  Economy

On the face of it, the jobs report released Friday (Sep. 6) had some good news — at least for those looking for confirmation that...

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Job Openings Drop in July, Signaling Slowdown in Labor Market
Job Openings Drop in July, Signaling Slowdown in Labor Market
September 04, 2024  |  Economy

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...

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Inflation Cools, but Paycheck-to-Paycheck Consumers Still Feel the Heat
Inflation Cools, but Paycheck-to-Paycheck Consumers Still Feel the Heat
September 02, 2024  |  Economy

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...

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BLS Implementing Backups to Ensure Data Released on Time
BLS Implementing Backups to Ensure Data Released on Time
August 28, 2024  |  Economy

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...

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Wholesale Prices Rose 0.2% in June, Exceeding Economists’ Expectations
Wholesale Prices Rose 0.2% in June, Exceeding Economists’ Expectations
July 12, 2024  |  Economy

The Producer Price Index (PPI), which measures wholesale prices, rose in June after seeing no change in May. Final demand prices rose 0.2% in June...

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Inflation Cools Overall, but Food Is More Expensive
Inflation Cools Overall, but Food Is More Expensive
July 11, 2024  |  Economy

The Consumer Price Index released Thursday (July 11) showed that, at least overall, the pace of inflation cooled in June. But the category-by-category data from...

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Jobs Report Projected to Show Cooling Wage Growth
Jobs Report Projected to Show Cooling Wage Growth
July 04, 2024  |  Economy

This month’s jobs report is projected to show slowing hiring and cooling wages. That’s according to a survey of economists published Thursday (July 4) by Bloomberg News,...

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