economy

US economy is an area of the production, distribution and trade, as well as consumption of goods and services by different methods.
ADP: Job Switchers See 10% Jump in Wages
ADP: Job Switchers See 10% Jump in Wages
April 03, 2024  |  Economy

ADP’s latest employment report shows a jump in raises for people switching jobs. While year-over-year pay increases last month for people who stayed at their...

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Shipt Sees Financial Pressure Driving Online Seasonal Sales
Shipt Sees Financial Pressure Driving Online Seasonal Sales
April 03, 2024  |  Retail

As economic pressures continue to constrain consumers’ spending power, Shipt is seeing on-demand delivery shoppers turn to deals and concentrate their engagement around peak times....

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VC Investors Face ‘Tough Math’ as Deal-Making Slows
VC Investors Face ‘Tough Math’ as Deal-Making Slows
April 03, 2024  |  Investments

Last year was the worst year for venture capital funding since 2016. So far, 2024 isn’t shaping up to be much better. Venture firms raised $30.4...

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Manufacturing Activity Climbs After 16-Month Contraction
Manufacturing Activity Climbs After 16-Month Contraction
April 01, 2024  |  Economy

Manufacturing activity in the United States rose in March for the first time in more than a year. The Institute for Supply Management’s monthly report on business,...

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Credit Card Delinquencies Climb as Consumers’ Savings Dip
Credit Card Delinquencies Climb as Consumers’ Savings Dip
April 01, 2024  |  Consumer Finance

While the average American consumer remains “credit healthy,” some trouble spots are apparent. The latest installment of VantageScore’s Credit Gauge shows delinquencies climbing across all...

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Consumer Spending Outpaces Income Growth as Inflation Continues
Consumer Spending Outpaces Income Growth as Inflation Continues
March 29, 2024  |  Economy

Consumers keep spending, income growth is muted, and inflation is still here. Bit by bit, debt obligations are eating into disposable income growth. As to...

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FinTech IPO Index Up Slightly as nCino’s Gains Offset Huize’s Slide
FinTech IPO Index Up Slightly as nCino’s Gains Offset Huize’s Slide
March 29, 2024  |  Fintech Investments

Earning season’s set to begin in just a few weeks — but we’re still not quite done with, well, earnings season. The FinTech IPO Index...

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Revised Q4 GDP Data Hints at Disposable Income Pressures
Revised Q4 GDP Data Hints at Disposable Income Pressures
March 28, 2024  |  Economy

Three months ago feels like a long time. But the latest — and revised — data on gross domestic product released Thursday (March 28) by the Bureau of...

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Eight in 10 EU Mid-Market Firms Needed Working Capital Solutions in 2023
Eight in 10 EU Mid-Market Firms Needed Working Capital Solutions in 2023
March 28, 2024  |  Europe

European middle-market firms have the second-highest need for working capital solutions. That’s according to “The 2023-2024 Growth Corporates Working Capital Index: Europe Edition,” a PYMNTS...

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