Even before COVID-19 upended nearly every holiday tradition, total spending on Independence Day had been falling, as had the percentage of people celebrating the signing of the Declaration of Independence. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Though the technical start of summer begins in late June, for many Americans the official start of the hot season kicks off with the Fourth of July. Fireworks, pool parties, backyard barbecues and all manner of outdoor fun are beginning to refill our barren calendars...
Almost 2.15 million travelers traversed Transportation Security Administration (TSA) checkpoints on Thursday (July 1) in the lead-up to the holiday weekend, marking an increase from levels seen before the pandemic on July 1, 2019. Get the Full Story Complete the form to unlock this article and...
A few months ago, in the waning days of winter and at the outset of mass vaccination, economists and retail industry analysts were largely in agreement that a wave of pent-up post-pandemic demand was coming. Whether it was a “roaring ‘20s” rally or the dawn...
As the economy rises and the raging pandemic gets doused with vaccines, tech spending is set to grow. Forrester Research predicts that overall growth in U.S. tech budgets will be up by 7.4 percent this year and rise by 6.7 in 2022. Get the Full...
Total nonfarm payroll employment rose by 850,000 in June, far outstripping the revised 583,000 jobs created in May. The increase in jobs topped the predictions of analysts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Initial jobless claims for the week ending June 26 dropped 51,000 to 364,000 from the previous week’s level, which was revised up to 415,000, according to the Thursday (July 1) report from the U.S. Department of Labor. The numbers mark the lowest level for new...
The U.S. economy has added some three million jobs in the private sector since the start of 2021, including 692,000 new positions this month, according to the June ADP National Employment Report released on Wednesday (June 30). Get the Full Story Complete the form to...
The Conference Board Consumer Confidence Index went up in June, reaching its highest level since the COVID-19 pandemic took hold in March 2020, marking the fifth month in a row that the index increased. Consumer confidence offers a window into people’s perception of economic conditions...
