Economy

Economy
Economy Strong, Yet Americans Struggle To Cover Basic Expenses
August 28, 2018

The economy is strong, as evidenced by some headline numbers. 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...

Economy
How The Amazon Effect Affects Inflation, eCommerce
August 27, 2018

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. Get the Full Story...

Economy
Footwear, Apparel Industries Could Be Disrupted By Tariffs
August 24, 2018

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...

Economy
Why It’s Time To Stop Making FX The Corporate Earnings Scapegoat
August 24, 2018

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. Get the Full Story Complete the form to unlock this article...

Economy
The Concerning Creep In Consumer Debt
August 21, 2018

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. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Economy
US Households Doing A Better Job Saving
August 20, 2018

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. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Economy
Consumer Sentiment Misses Expectations, Nears Sept. 2017 Lows
August 17, 2018

Consumer sentiment – at least as measured by one gauge – has hit a low not seen in almost a year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Economy
The Fed Used Swipe Data To Assess Economic Impact Of Storms
August 10, 2018

To determine the economic impact of the big storms that hit the U.S. in 2017, the Federal Reserve turned to First Data Corp.’s swipe information for answers. With the data, they were able to get information in real time that would have otherwise taken weeks,...

Economy
ADP: 219,000 Jobs Created in July – And Possible Shift In Retail Job Hiring?
August 01, 2018

There may be worker shortages, but there is no shortage of job gains. 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....