Economy

Economy
Applebee’s Gets ‘Incredible Bump’ From Stimulus Spend
March 25, 2021

At Applebee’s, there could be hope on the horizon amid the pandemic as sales increase, Bloomberg reported. 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...

Economy
Will The Work-from-Home Economy Outlive The Pandemic?
March 25, 2021

White-collar workers haven’t seen the inside of their office spaces for some time now, as last spring they “relocated” to telework arrangements en masse worldwide. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Economy
New Jobless Claims Close To Pandemic Low
March 25, 2021

New jobless claims for the week ended March 20 came in at a new pandemic low of 684,000, down 97,000 from the previous week’s revised level, according to the weekly report released by the U.S. Bureau of Labor Statistics (BLS) on Thursday (March 25). The...

Economy
Hooray For Hollywood: Movie Theaters Draw Crowds In LA
March 21, 2021

Los Angles, following New York by two weeks, reopened movie theaters this weekend (March 19 and 20) — and to the extent they were allowed to under tight new limits, fans flocked to them, The Wall Street Journal (WSJ) reported. Get the Full Story Complete...

Economy
Restaurant, Travel, Self-Improvement Spending Fuels Economic Recovery
March 19, 2021

Have you eaten in a restaurant recently? Booked a hotel room? Treated yourself to a spa day? If so, you’re helping to jump-start the U.S. economy, The Wall Street Journal reported on Friday (March 19). Get the Full Story Complete the form to unlock this...

Economy
Philly Fed Survey Reveals Record-Breaking Trends In Manufacturing Sector
March 18, 2021

After a year of dire economic news and gloomy predictions, the March 2021 Manufacturing Business Outlook Survey from the Federal Reserve Bank of Philadelphia has provided a break in the clouds. The report surveyed industry leaders in the Northeast manufacturing sector between March 8-15 and...

Economy
Jobless Claims Below 800,000 For Fourth Consecutive Week
March 18, 2021

Spring weather, loosening COVID-19 restrictions and a fresh round of stimulus helped keep new jobless claims below 800,000 for the fourth week in a row, although numbers inched up a bit from the previous week. Get the Full Story Complete the form to unlock this...

Economy
TurboTax, H&R Block Still Struggling With Stimulus Check Deposit Errors
March 18, 2021

TurboTax and other tax prep companies, despite working with the U.S. government, don’t have the answers on why some people don’t have their $1,400 stimulus checks in the right accounts or even at all, according to a Wednesday (March 17) CNBC report. Get the Full...

Economy
US Travel Takes $1.1 Trillion Hit; 42 Percent Off 2019
March 17, 2021

The travel industry closed the books on 2020 with $1.1 trillion in losses, a 42 percent contraction from the previous year, plunging to $1.5 trillion from $2.6 trillion, the U.S. Travel Association announced Wednesday (March 17) in a press release, citing new data prepared by...