economy

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

Credit Metrics Inching Toward Normalcy, According to August Results

Credit Metrics Inching Toward Normalcy, According to August Results
Credit Metrics Inching Toward Normalcy, According to August Results
September 16, 2021  |  Credit Cards

Credit card delinquency rates inched up slightly in August and most credit issuers also saw increased net-charge-off rates compared to July, according to a Seeking...

READ MORE >
Back-to-School, eCommerce Help Boost August Retail Sales by 0.7%
Back-to-School, eCommerce Help Boost August Retail Sales by 0.7%
September 16, 2021  |  Retail

U.S. consumer spending unexpectedly rose 0.7% in August, reversing a slump in July and defying concerns that a surge in COVID cases and business restrictions...

READ MORE >
New Jobless Claims Edge Up Beyond Forecasts
New Jobless Claims Edge Up Beyond Forecasts
September 16, 2021  |  Economy

For the week ending Sept. 11, new jobless claims were up 20,000 to 332,000 from the previous week’s level, which was revised up by 2,000...

READ MORE >
New PYMNTS Data Shows SMBs Adapting To Wage Hikes, Economic Change
New PYMNTS Data Shows SMBs Adapting To Wage Hikes, Economic Change
September 16, 2021  |  Economy

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

READ MORE >
Census 2020: Stimulus Checks Offset Increase in US Poverty
Census 2020: Stimulus Checks Offset Increase in US Poverty
September 14, 2021  |  Personal Finance

The number of people living in poverty in the U.S. increased in 2020 as the COVID-19 pandemic gripped the world, but the level was offset...

READ MORE >
In-Restaurant Dining Starts to Shut as Delta Variant Cases Increase
In-Restaurant Dining Starts to Shut as Delta Variant Cases Increase
September 12, 2021  |  Economy

Restaurants have been putting the brakes on reopening their dining rooms due to the delta variant of COVID-19, which has thrown a wrench into recovery...

READ MORE >
Visa: August Consumer Spending Up Over Last Year, But Down From July
Visa: August Consumer Spending Up Over Last Year, But Down From July
September 10, 2021  |  Consumer Payments

Consumers spent more in August compared to last year, but not as much as they dropped on goods and services in July, according to Visa’s...

READ MORE >
New Jobless Claims Edge Closer to Pre-Pandemic Norm
New Jobless Claims Edge Closer to Pre-Pandemic Norm
September 09, 2021  |  Economy

New jobless claims for the week ending Sept. 4 dropped 35,000 to 310,000, the lowest level since March 14, 2020’s pre-pandemic rate of 256,000, the...

READ MORE >