Economy

Economy
US Consumer Confidence Dips for Second Month
September 28, 2021

U.S. consumer confidence has continued falling for the second month in a row due to inflation concerns as well as the persisting delta variant of COVID-19, according to a press release from The Conference Board regarding its Consumer Confidence Index. Get the Full Story Complete...

Economy
First-Time Weekly Jobless Claims up Slightly as Worker Shortage Continues
September 23, 2021

Estimated new jobless claims were 351,000 for the week ending Sept. 18, an increase of 16,000 over the previous week’s level, revised up by 3,000 to 335,000, according to the Thursday (Sept. 23) unemployment report from the Bureau of Labor Statistics. Get the Full Story...

Economy
US Consumer Sentiment Tumbles in August
September 17, 2021

Preliminary results in the University of Michigan’s monthly consumer sentiment survey shows the index dropping 11.7% (80.4 to 71.0) compared to the same time a year ago, but up about 1% from August (70.3), according to a university announcement on Friday (Sept. 17). Get the...

Economy
New Jobless Claims Edge Up Beyond Forecasts
September 16, 2021

For the week ending Sept. 11, new jobless claims were up 20,000 to 332,000 from the previous week’s level, which was revised up by 2,000 to 312,000, according to the weekly report from the Bureau of Labor Statistics on Thursday (Sept. 16). Get the Full...

Economy
New PYMNTS Data Shows SMBs Adapting To Wage Hikes, Economic Change
September 16, 2021

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...

Economy
Resy Announces Free Health Pass Integration as Restaurants Struggle with Employee Vaccine Mandates
September 13, 2021

As COVID-19 cases remain elevated, due in large part to the spread of the delta variant, restaurants are forced to respond both to changing local legislation and local attitudes, charting their own course. While much has been made of consumers’ response to vaccine mandates, nearly...

Economy
In-Restaurant Dining Starts to Shut as Delta Variant Cases Increase
September 12, 2021

Restaurants have been putting the brakes on reopening their dining rooms due to the delta variant of COVID-19, which has thrown a wrench into recovery plans after over a year of coping with restrictions and consumer worries, The Wall Street Journal (WSJ) reported. Get the...

Economy
UK to Drop Proof of Vaccination, May Also Forego Testing of Returning Travelers
September 12, 2021

The U.K. has done away with its calls for vaccination proof, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

Economy
New Jobless Claims Edge Closer to Pre-Pandemic Norm
September 09, 2021

New jobless claims for the week ending Sept. 4 dropped 35,000 to 310,000, the lowest level since March 14, 2020’s pre-pandemic rate of 256,000, the Bureau of Labor and Statistics reported on Thursday (Sept. 9). The week prior was revised up by 5,000 to 345,000....