Economy

Economy
Fed’s Bullard Sees Coronavirus As Having ‘Short-Term’ Impact
February 21, 2020

Call the Coronavirus a short-term blip, perhaps, or a temporary shock. 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...

Economy
Gov’t: US Manufacturing Spend Dips As US Consumer Spending Rises
February 16, 2020

A warm January led to utilities dropping 4 percent for the month as Americans reduced their reliance on heat, according to The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Economy
2020 Economy Off To A Slow Start
February 14, 2020

Both factory output and a key measurement statistic for retail sales were down in January, signaling a slow start to the economy this year, according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Economy
U.S. Hiring Remains Strong With 225K Jobs Added
February 07, 2020

January saw gains in U.S. employment as more people joined the labor market, according to a report by The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Economy
US Economy Could Lose $10B To Chinese Travel Ban 
February 05, 2020

China’s outbreak of the coronavirus has triggered travel bans that could end up costing the U.S. economy $10.3 billion in lost tourism dollars. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Economy
GDP Data May Hint At Consumer Spending Slowdown
January 30, 2020

The U.S. economy is still showing growth, yes, but growth is slowing — and may be slowing enough to stir up some caution. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Economy
Survey: US Firms’ Employment Activity Has Leveled Out
January 27, 2020

With the newest indication that the labor market might have reached its apex and job growth could decelerate in 2020, an even portion of U.S. companies registered employment increases and decreases for the first time in 10 years. The survey findings from the National Association...

Economy
Home Improvement Spending Rises 1.5 Pct In Q4
January 20, 2020

The home repair and remodeling market has been declining in the last year, but some recent indicators in the economy show that the industry could be heading for a rebound, according to a report by the Associated Press. Get the Full Story Complete the form...

Economy
India’s Sluggish Economy Drags Down Global Growth Forecasts
January 20, 2020

The International Monetary Fund (IMF) has slashed its forecasts for growth of the global economy, calling it sluggish, and said there isn’t any sign on the horizon that things are going to turn around, according to a report by CNBC. Get the Full Story Complete...