economy

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

Lowe’s Cuts Sales Forecast as Consumers Decide Against DIY

Lowe’s Cuts Sales Forecast as Consumers Decide Against DIY
Lowe’s Cuts Sales Forecast as Consumers Decide Against DIY
November 21, 2023  |  Earnings

Consumers are putting do-it-yourself (DIY) projects on hold, which is bad news for Lowe’s. Get the Full Story Complete the form to unlock this article and...

READ MORE >
Best Buy Lowers Sales Outlook as Black Friday Looms
Best Buy Lowers Sales Outlook as Black Friday Looms
November 21, 2023  |  Earnings

Best Buy says cooling consumer demand for appliances helped drive down third-quarter sales. Get the Full Story Complete the form to unlock this article and enjoy...

READ MORE >
4 in 10 Lower-Income Earners Use Split-Pay Plans for Groceries
4 in 10 Lower-Income Earners Use Split-Pay Plans for Groceries
November 20, 2023  |  Consumer Finance

Consumers are a resourceful lot and will do what they must to make ends meet, even if it means splitting up the weekly grocery bill...

READ MORE >
Quarterly eCommerce Sales Up 2.3%, but Will It Last?
Quarterly eCommerce Sales Up 2.3%, but Will It Last?
November 17, 2023  |  eCommerce

The third quarter is far enough behind us that some of the last few data points as to how consumers fared — at least from...

READ MORE >
5 Signs Consumers Are Feeling Pinched Into the Holidays and Beyond
5 Signs Consumers Are Feeling Pinched Into the Holidays and Beyond
November 17, 2023  |  Economy

The holidays are upon us. The credit card debt has been racked up. The broad deluge of earnings reports has slowed to a trickle. Get...

READ MORE >
Millennials Have the Most Difficulties Making Ends Meet
Millennials Have the Most Difficulties Making Ends Meet
November 17, 2023  |  Consumer Finance

Millennials were born between 1981 and 1996. They entered the workforce during the economic recession that followed the 2008 crash. They endured years of job...

READ MORE >
Consumers’ Credit Card ‘Switch’ Looks Set to Benefit BNPL and Digital Wallets
Consumers’ Credit Card ‘Switch’ Looks Set to Benefit BNPL and Digital Wallets
November 16, 2023  |  Consumer Finance

Consumers examining the debt they’re carrying — and the cost of servicing that debt — may be tempted to make the switch away from credit...

READ MORE >
Job Market Softens As Ongoing Unemployment Claims Rise
Job Market Softens As Ongoing Unemployment Claims Rise
November 16, 2023  |  Economy

The “durable” job market economists had been touting all year now seems a bit softer. Get the Full Story Complete the form to unlock this...

READ MORE >