economy

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

NRF: 9 In 10 US Retailers Affected By Shipping Delays, Inventory Shortages

NRF: 9 In 10 US Retailers Affected By Shipping Delays, Inventory Shortages
NRF: 9 In 10 US Retailers Affected By Shipping Delays, Inventory Shortages
June 15, 2021  |  Retail

The country’s largest retail trade group says that 97 percent of its members have been impacted by port congestion and shipping delays — with nearly...

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New Report: 53 Pct Of Upper-Income Americans Live Paycheck-To-Paycheck
New Report: 53 Pct Of Upper-Income Americans Live Paycheck-To-Paycheck
June 15, 2021  |  Consumer Finance

Living paycheck to paycheck is sometimes seen as synonymous with being poor, an unfortunate but relatively uncommon circumstance. In fact, it is far more widespread...

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BoA Head Moynihan: Consumer Spending Up, Fed Accommodation Should Go Down 
BoA Head Moynihan: Consumer Spending Up, Fed Accommodation Should Go Down 
June 14, 2021  |  Economy

Consumer spending is 20 percent higher this year than 2019, a signal Bank of America (BoA) CEO Brian Moynihan told CNBC is a sign that federal accommodation...

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May Retail Sales Will Support Or Refute NRF’s Optimistic Outlook
May Retail Sales Will Support Or Refute NRF’s Optimistic Outlook
June 14, 2021  |  Retail

By this time Tuesday (June 15), economists, investors and retail industry watchers will know exactly how fast the consumer shopping surge grew last month after...

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Retailers Await New Customers, Opportunities And A Spending Boom
Retailers Await New Customers, Opportunities And A Spending Boom
June 14, 2021  |  Retail

Last year will go down in history for many things, but in retail circles, it will be remembered as the year that comps went out...

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US Airports See 2 Million Per Day Friday, Saturday As Travel Makes Comeback
US Airports See 2 Million Per Day Friday, Saturday As Travel Makes Comeback
June 13, 2021  |  Travel Payments

Some 2,028,961 travelers moved through U.S. airport security lines Friday, according to the federal Transportation Security Administration. The figure represents the first time the number...

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Boomers To Boost Spending On Luxury Goods, Healthcare
Boomers To Boost Spending On Luxury Goods, Healthcare
June 13, 2021  |  Consumer Insights

Senior citizens, a demographic whose spending was significantly curtailed by the pandemic, are expected to spend substantially across a number of sectors as COVID-19 restrictions...

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Overall G-20 GDP Rebounds To Pre-COVID Level But Some Countries Lag In 2021 Q1
Overall G-20 GDP Rebounds To Pre-COVID Level But Some Countries Lag In 2021 Q1
June 10, 2021  |  Economy

The Group of 20 (G-20) economies saw their overall gross domestic product (GDP) return to levels from before the pandemic in this year’s first quarter,...

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