Economy

Economy
Default Rates Remain Stable In First Month Of New Year
February 20, 2019

S&P Dow Jones Indices and Experian Wednesday (Feb. 20) released the S&P/Experian Consumer Credit Default Indices data, representing a comprehensive measure of changes in consumer credit defaults. For January the Indices showed that the composite rate rose 1 basis point from last month to 0.90 percent....

Economy
Car Loan Delinquencies Flash Warning Signs On Credit?
February 13, 2019

Might the latest data on car loans – to be specific, delinquencies on those car loans – offer flashing warning signs on credit and the consumer in general? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Economy
Inflation Creeps … Right Into The Shopping Basket?
February 12, 2019

A few months back, Morgan Stanley published a report stating that inflation – which had been dormant for years in the wake of the financial crisis – was stirring. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Economy
Commerce Dept. To Report 4Q GDP Results On Feb. 28
February 07, 2019

The U.S. Commerce Department’s Bureau of Economic Analysis (BEA) will publish its advance fourth-quarter gross domestic product (GDP) report at the end of February. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Economy
UK Preps For No-Deal Brexit Via Customs, Clearing Houses
February 05, 2019

The U.K. continues to prepare for the possibility of a no-deal Brexit by making sure its clearing houses and customs procedures can still do business without interruption. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Economy
Gov’t Shutdown Costs Creep To $11B
January 29, 2019

A new report says that the government shutdown has cost the country about $11 billion in gross domestic product — and will impact the United States’ economic growth for the rest of the year. Get the Full Story Complete the form to unlock this article...

Economy
Gov’t Shutdown May Have Cost The US $6B
January 28, 2019

The partial shutdown of the U.S. federal government – which lasted 35 days, the longest in modern history – cost the U.S. economy $6 billion, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Economy
Inflation to Keep on Truckin’ With Walmart’s Long Haul Plans?
January 25, 2019

Inflation may keep on truckin’ — literally. 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 agree...

Economy
Study: Automation Will Hurt Manufacturing-Heavy Midwest
January 24, 2019

Manufacturing-heavy states in the Midwest will be hit hardest by the rise of artificial intelligence (AI) and automation for lower-skilled jobs, according to a new study by Brookings Institution researchers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...