Economy

Economy
Initial Claims for Unemployment Unchanged, Signaling ‘Fairly Tight’ Labor Market
May 02, 2024

The number of initial claims for unemployment insurance held steady during the week ending on Saturday (April 27). 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
Fast-Food Slowdown May Mean Steeper Promotions
May 02, 2024

It’s been a season of slowing sales for quick-service restaurants (QSRs). 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
US Construction Spending Sees Unexpected Drop in March
May 01, 2024

Construction spending in the U.S. declined unexpectedly in March after being unchanged in February. 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...

Economy
Information Sector Loses 4,000 Jobs While Overall Employment Grows
May 01, 2024

Nine out of 10 industry sectors monitored by ADP posted job gains in April. 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...

Economy
U.S. Labor Costs Grow as Workers’ Wages Climb
April 30, 2024

American labor costs rose more than anticipated last quarter, new government data shows. 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
Savings Rates Pressured as Consumer Spending Outpaces Disposable Personal Income Growth
April 26, 2024

The latest data on personal consumption notes that spending is outpacing the growth in disposable income. 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...

Economy
First-Quarter GDP Slows as Consumers Trim Spending
April 25, 2024

And now it seems the slowdown is here. 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...

Economy
JPMorgan Chase CEO Jamie Dimon Says US Economic Boom ‘Unbelievable’
April 23, 2024

JPMorgan Chase CEO Jamie Dimon reportedly said Tuesday (April 23) that the U.S. economic boom is “unbelievable.” 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...

Economy
Weekly Jobless Claims Unchanged; Remain at Low Level
April 18, 2024

The number of initial claims for unemployment insurance filed during the week ended Saturday (April 13) was unchanged from the previous week’s revised figure of 212,000. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...