economy

US economy is an area of the production, distribution and trade, as well as consumption of goods and services by different methods.

Bank of America Executive Says Consumers Still Spending Pandemic-Era Savings

Bank of America Executive Says Consumers Still Spending Pandemic-Era Savings
Bank of America Executive Says Consumers Still Spending Pandemic-Era Savings
June 11, 2024  |  Economy

Consumer spending is still being driven by savings that built up during the pandemic, Bank of America President of Regional Banking Dean Athanasia said Tuesday...

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World Bank: Global Growth Still Lower Than Pre-COVID
World Bank: Global Growth Still Lower Than Pre-COVID
June 11, 2024  |  Economy

A new report from the World Bank has good news and bad news about the global economy. Get the Full Story Complete the form to...

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Small Business Owners’ Optimism Rises, but Inflation Remains a Problem
Small Business Owners’ Optimism Rises, but Inflation Remains a Problem
June 11, 2024  |  Economy

Small business owners are more optimistic than they’ve been throughout 2024 but they remain less optimistic than they have been historically. Get the Full Story...

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Consumers Splurge on Specialty Fashion Brands Amid Inflation
Consumers Splurge on Specialty Fashion Brands Amid Inflation
June 10, 2024  |  Retail

Amid financial uncertainties, U.S. consumers are becoming more discerning in what nice-to-have retail products they are willing to indulge in, shifting their purchasing away from...

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Consumers May Dig Into Savings as Long-Term Inflation Expectations Creep Up
Consumers May Dig Into Savings as Long-Term Inflation Expectations Creep Up
June 10, 2024  |  Consumer Insights

Through scores of reports on the paycheck-to-paycheck economy, PYMNTS Intelligence has found that there’s a commonality across income levels and demographics:  Get the Full Story...

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Discount Retailers See Sales Upticks as Paycheck-to-Paycheck Shoppers Trade Down
Discount Retailers See Sales Upticks as Paycheck-to-Paycheck Shoppers Trade Down
June 10, 2024  |  Retail

As inflation continues to erode purchasing power, financially unstable consumers, squeezed by higher prices on everything from groceries to gasoline, are increasingly turning to discount...

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Consumer Confidence About Household Finances Highest in 3 Years
Consumer Confidence About Household Finances Highest in 3 Years
June 10, 2024  |  Economy

Consumers are more confident about the prospects for their household’s financial situation and the stock market than they’ve been in three years. Get the Full...

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eCosmetics Co-Founder Bridges the Trust Gap for Online Beauty Shoppers
eCosmetics Co-Founder Bridges the Trust Gap for Online Beauty Shoppers
June 10, 2024  |  eCommerce

As beauty brands look for ways to gain digital shoppers without being able to offer in-store product trials, eCosmetics is seeing sampling prove vital to...

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