economy

US economy is an area of the production, distribution and trade, as well as consumption of goods and services by different methods.
Consumers Temper Their Spending Plans Despite Slowing Inflation
Consumers Temper Their Spending Plans Despite Slowing Inflation
January 08, 2024  |  Economy

Consumers expect the punishing pace of inflation to decline in the months and years ahead. But they’re reigning in their spending plans, too — a...

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Service Sector Inflation Could Test Consumers’ Appetite to Spend in 2024
Service Sector Inflation Could Test Consumers’ Appetite to Spend in 2024
January 05, 2024  |  Economy

Through the last several months, payment networks, banks and buy now, pay later (BNPL) firms have pointed to the resilience of the U.S. consumer. Consumers...

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Government and Healthcare Sectors Lead December Job Gains
Government and Healthcare Sectors Lead December Job Gains
January 05, 2024  |  Economy

The U.S. economy added 216,000 jobs in December, with the government and healthcare sectors posting the biggest gains. The number of jobs added during the...

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Paycheck-to-Paycheck Consumers May Have Reasons for Optimism, Data Shows
Paycheck-to-Paycheck Consumers May Have Reasons for Optimism, Data Shows
January 05, 2024  |  Consumer Finance

Consumers with difficulties making ends meet may have a reason to be optimistic, recent PYMNTS Intelligence data shows. Looking at the U.S. population according to...

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Truist to Close 3.5% of Branches as Customers Bank Digitally 
Truist to Close 3.5% of Branches as Customers Bank Digitally 
January 04, 2024  |  Digital Banking

Truist Financial will close 3.5% of its branches in March because more clients are choosing to bank with it digitally.  The Charlotte, North Carolina-based bank is...

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Initial Claims for Unemployment Drop by 18,000
Initial Claims for Unemployment Drop by 18,000
January 04, 2024  |  Economy

The number of initial claims for unemployment insurance dropped to 202,000 during the week ended Saturday (Dec. 30). That total was 18,000 less than the...

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Number of Job Openings Remained Steady in November
Number of Job Openings Remained Steady in November
January 03, 2024  |  Economy

The number of job openings in the United States was little changed in November, while the number of hires and total job separations decreased. On...

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Jason’s Deli: Corporate Turnover Creates Catering Opportunity for Restaurants
Jason’s Deli: Corporate Turnover Creates Catering Opportunity for Restaurants
January 03, 2024  |  Restaurant innovation

As major businesses have laid off staff, added new leadership, and otherwise restructured, Jason’s Deli sees the opportunity to pick up new catering customers when the economy...

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Carmakers Could Face Bumpy Road in 2024 Following Sales Rebound
Carmakers Could Face Bumpy Road in 2024 Following Sales Rebound
January 03, 2024  |  Economy

Automakers enjoyed a resurgence in sales in 2023, but 2024 might be a different story. With major car companies due to report year-end sales figures...

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