economy

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

Nonfarm Jobs Surge By 559,000 In May; Unemployment Falls To 5.8 Pct

Nonfarm Jobs Surge By 559,000 In May; Unemployment Falls To 5.8 Pct
Nonfarm Jobs Surge By 559,000 In May; Unemployment Falls To 5.8 Pct
June 04, 2021  |  Economy

Total nonfarm payroll employment rose by 559,000 jobs in May, and the unemployment rate fell from 6.1 percent to 5.8 percent, according to a report from the...

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Spending By JPMorgan Credit Customers Up 17 Pct Over 2019
Spending By JPMorgan Credit Customers Up 17 Pct Over 2019
June 03, 2021  |  Consumer Insights

J.P. Morgan credit card customers have spent 17 percent more year-to-date as compared to the same time in 2019, Reuters reported, quoting bank co-president Gordon...

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US Private Sector Gained 978,000 Jobs In May, ADP Says
US Private Sector Gained 978,000 Jobs In May, ADP Says
June 03, 2021  |  Economy

Employment in the private sector expanded by 978,000 in May, far surpassing April’s 654,000 with the biggest gain since June 2020, according to the ADP...

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New Weekly Jobless Claims Continue Falling
New Weekly Jobless Claims Continue Falling
June 03, 2021  |  Economy

New weekly jobless claims dropped again for the fifth consecutive week to a 14-month low of 385,000, a decrease of 20,000 for the week ending...

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Fed: Vaccines, Relaxed Social Distancing Boost Economy, But Companies Still Have Trouble Hiring
Fed: Vaccines, Relaxed Social Distancing Boost Economy, But Companies Still Have Trouble Hiring
June 02, 2021  |  Economy

The Federal Reserve said Wednesday (June 2) that the U.S. economy grew at a moderate clip between early April and late May, according to the...

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The Optimistic State Of Main Street On The Road To Recovery
The Optimistic State Of Main Street On The Road To Recovery
June 01, 2021  |  SMBs

America’s small- and medium-sized businesses, particularly the mom-and-pop shops lining main streets and town centers, have shouldered through a very challenging 15 months of COVID-era...

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US IPO Prices Muted As Investors Are More Discerning
US IPO Prices Muted As Investors Are More Discerning
May 31, 2021  |  IPO

U.S. initial public offerings (IPOs) are seeing a slowdown in investor interest. Get the Full Story Complete the form to unlock this article and enjoy...

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US Travel 13 Pct Lower Than Pre-COVID 2019 Numbers
US Travel 13 Pct Lower Than Pre-COVID 2019 Numbers
May 31, 2021  |  Economy

Travel in the U.S. showed signs of returning to normal levels this Memorial Day weekend, even though celebrations were muted by the pandemic. Get the...

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