Cost of Living

STR, Tourism Economics Say Cost of Living Impacts Hotel Performance
STR, Tourism Economics Say Cost of Living Impacts Hotel Performance
June 03, 2024  |  Travel Payments

The hotel industry’s performance is being impacted by reduced travel volume caused by the rising cost of goods and services. So said STR, a provider...

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EU Regulators Crack Down on Anti-Competitive Practices
EU Regulators Crack Down on Anti-Competitive Practices
February 18, 2024  |  Regulation

European regulators have reportedly increased their focus on anti-competitive behavior among consumer product companies. Last year, competition authorities carried out 26 surprise inspections on consumer companies...

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Headline Inflation Cools, But Food Prices Still Climbed in December
Headline Inflation Cools, But Food Prices Still Climbed in December
January 26, 2024  |  Economy

Taken as a whole, the Commerce Department’s latest reading on inflation shows a dip below a key psychological level.  The Personal Consumption Index, as released Friday...

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Will Weak Consumer Sentiment Hurt Spending Despite Lower Inflation Expectations?
Will Weak Consumer Sentiment Hurt Spending Despite Lower Inflation Expectations?
September 15, 2023  |  Economy

Consumers, looking ahead, think inflation’s growth rate will moderate. But their outlook about the economy right now, and where it’s headed, is muted. To that...

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37% of Consumers Say Cost a Factor in Buying Ready-to-Eat Meals Over Takeout
37% of Consumers Say Cost a Factor in Buying Ready-to-Eat Meals Over Takeout
September 07, 2023  |  Restaurant innovation

With the advent of remote work, limited time and the increasing demand for convenience, ready-to-eat meals have experienced a surge in popularity among consumers.  Cost,...

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High-Income Urban Consumers 25% More Likely to Live Paycheck-to-Paycheck Than Suburban Counterparts
High-Income Urban Consumers 25% More Likely to Live Paycheck-to-Paycheck Than Suburban Counterparts
August 24, 2023  |  Personal Finance

The ongoing cost-of-living crisis continues to affect consumers across the United States, and having higher incomes does not necessarily shield one from feeling the financial...

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7 in 10 Urban Consumers Live Paycheck to Paycheck
7 in 10 Urban Consumers Live Paycheck to Paycheck
May 24, 2023  |  Consumer Finance

Life continues to be more expensive for everyone. Data shows that United States consumers in urban centers, in particular, are feeling the financial crunch. PYMNTS’...

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Millennials With Debt and Dependents Most Likely to Feel the Financial Crunch
Millennials With Debt and Dependents Most Likely to Feel the Financial Crunch
April 28, 2023  |  Consumer Finance

PYMNTS’ research finds that 60% of United States consumers live paycheck to paycheck as of March 2023. Our data also reveals significant generational differences in...

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High Cost of Living Breeds Selective Belt-Tightening
High Cost of Living Breeds Selective Belt-Tightening
December 17, 2022  |  Economy

Everywhere you turn these days, impacts from the high cost of living seem to bombard your senses. Whether it’s small businesses, single moms, CFOs or...

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