Economy

Economy
IMF Director: The Global Economy Has Slowed
April 02, 2019

The managing director of the International Monetary Fund (IMF) said economic growth around the world has slowed down, which has left things in a precarious position, according to a report from Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Economy
Survey: Americans Optimistic, Yet Anxious, About Savings
April 01, 2019

A new survey by CNBC showed that Americans are feeling optimistic about their ability to save for the future, but are also still anxious about it. The survey, which was conducted in March, polled 2,300 adults. Get the Full Story Complete the form to unlock...

Economy
Feb Retail Sales Drop As Consumers Curb Spending
April 01, 2019

Retail sales fell in February, as consumers curbed their spending and the stimulus from the tax cuts began to disappear. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Economy
Lower-Income Households More Confident In Economy
March 31, 2019

Consumer sentiment improved in March as Americans felt better about the economy and the potential to earn money. 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...

Economy
Fourth Quarter GDP Growth Revised Lower
March 28, 2019

In spite of the $1.5 trillion tax cuts put into place at the end of 2017 by President Donald Trump, the economy slowed more than anticipated at the end of 2018. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Economy
Study: Trade War Squandered $7.8B In GDP Last Year
March 18, 2019

A new study by a group of economists found the trade war being waged by the White House has cost the economy in the U.S. $7.8 billion in lost gross domestic product last year. Get the Full Story Complete the form to unlock this article...

Economy
Retail Data Points To Tough Sledding For US Economy — Or Vice Versa?
March 14, 2019

GDP growth is slowing, and retail numbers show lumpiness. Amid wage growth, full employment, a Fed keeping rate boosts in check, are things as good as they get for retail and the consumer?

Economy
Bad Sign For Retail? US Inventories Jumped In December
March 11, 2019

Inventories at companies in the U.S jumped in the last month of 2018 as sales plummeted the most in three years. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Economy
Jobs Data: Employers, Workers Are Hard To Find
March 08, 2019

The data coming out would seem to indicate the labor market is as tight as might be possible. The headline numbers that came out Friday from the Labor Department do show that the pace of hiring slowed markedly in February. Get the Full Story Complete...