Are the waves of job growth in the United States slowing to a trickle? Thursday morning (Sept. 6), Moody’s Analytics and ADP reported that private payrolls grew at their slowest pace since October 2017. In terms of numbers, firms added about 163,000 positions for the...
U.S. economic growth in the second quarter had its strongest performance in nearly four years, but there are signs that momentum is slowing down a bit. Reuters reported that the second quarter numbers put the economy on track to reach 3 percent annual growth, something the...
The economy is strong, as evidenced by some headline numbers. Unemployment is at multi-year lows, GDP growth continues apace and the stock market, usually a barometer of at least some sentiment (and with its own wealth effect, of course), is at multi-year highs. But research...
When thinking about the “Amazon Effect,” one may think invariably about retail, and the impact the eCommerce giant has on the sector — changing the very nature of how everything from books to clothes are bought and brought to end customers. Might there be another...
With U.S. tariffs on imports from China, an industry association leader has said that American shoppers will be faced with higher prices for purchases. American Apparel and Footwear Association President and CEO Rick Helfenbein said the group has concerns about the impacts of tariffs, CNBC...
Consider it the new normal. Consider it a rollercoaster ride. Consider it a reason to drink, down antacids or aspirin, or crawl under the covers and imagine white sandy beaches with easy ocean waves. Whatever the case, the global economy is in a state of...
U.S. consumer debt has been on the rise for the last year and hit $13.29 trillion during the quarter ending in June, according to the New York Federal Reserve. All in all, consumer debt during the second quarter was up $454 billion from a year...
U.S. households are more prepared for a potential recession, with recent data showing people have been saving more of their take-home pay over the past several years. According to a report in the Wall Street Journal citing revised data from the Bureau of Economic Analysis,...
Consumer sentiment – at least as measured by one gauge – has hit a low not seen in almost a year. As noted by CNBC on Friday (Aug. 17), the University of Michigan’s initial reading of consumer sentiment, via its index, hit 95.3 this month....
