economy

US economy is an area of the production, distribution and trade, as well as consumption of goods and services by different methods.
Retailers Grapple With Mounting Pressures as Middle Class Takes a Hit
Retailers Grapple With Mounting Pressures as Middle Class Takes a Hit
March 08, 2024  |  Retail

As ongoing economic pressures shrink the middle class, retailers are being challenged to either cut prices and step up their deals and discounts or make...

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Healthcare, Government Lead February Job Gains
Healthcare, Government Lead February Job Gains
March 08, 2024  |  Economy

Healthcare and government employment led the U.S. economy’s job gains in February. These sectors led the pack as total nonfarm payroll employment increased by 275,000 in February,...

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Credit Spigots Continue to Tighten for Small Businesses
Credit Spigots Continue to Tighten for Small Businesses
March 08, 2024  |  SMBs

The traditional spigots of credit continue to tighten for small businesses. Blame higher rates, the continued fallout of the Silicon Valley Bank collapse last year, and skittishness...

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Fed’s Credit Data Signals Caution for Merchants
Fed’s Credit Data Signals Caution for Merchants
March 08, 2024  |  Economy

For merchants, reliant upon consumer spending — and credit as a way to enable that spending — the warning signals are flashing. The Fed’s latest...

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Wholesale Inventories Dropped 0.3% in January, More Than Expected
Wholesale Inventories Dropped 0.3% in January, More Than Expected
March 06, 2024  |  Economy

The U.S. Census Bureau revised its wholesale inventories estimate for January downward Wednesday (March 6). Total inventories dipped 0.3% in January compared with December 2023, rather than...

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Digital Resale Platforms Gain Traction as All Consumers Hunt for Better, Cheaper Stuff
Digital Resale Platforms Gain Traction as All Consumers Hunt for Better, Cheaper Stuff
March 06, 2024  |  eCommerce

As consumers’ budgetary pressures prompt them to seek lower-priced options, many digital resale platforms are seeing growth, but eCommerce has a long way to go...

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ADP: Salary Gains Slow as Hospitality Hiring Jumps
ADP: Salary Gains Slow as Hospitality Hiring Jumps
March 06, 2024  |  Economy

Americans who switch jobs are seeing larger raises than workers who stay put. That’s according to the February edition of ADP’s National Employment Report, which showed 7.6%...

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Savings Drop Threatens Consumers Ability to Handle Emergency Expenses
Savings Drop Threatens Consumers Ability to Handle Emergency Expenses
March 04, 2024  |  Consumer Insights

Consumers are now saving less money for the proverbial rainy day than they were a year ago. The personal savings rate in January was 3.8%, which was...

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Oreo Courts a Higher-End Customer as Snacks Put on the Ritz
Oreo Courts a Higher-End Customer as Snacks Put on the Ritz
March 02, 2024  |  Retail

Oreo is getting fancy as snack foods sprinkle in a little bit of affordable luxury to appeal to today’s belt-tightening shoppers. On Monday (March 4),...

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