economy

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

World Bank: Global Growth Still Lower Than Pre-COVID
World Bank: Global Growth Still Lower Than Pre-COVID
June 11, 2024  |  Economy

A new report from the World Bank has good news and bad news about the global economy. The good news, according to the Global Economics...

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Small Business Owners’ Optimism Rises, but Inflation Remains a Problem
Small Business Owners’ Optimism Rises, but Inflation Remains a Problem
June 11, 2024  |  Economy

Small business owners are more optimistic than they’ve been throughout 2024 but they remain less optimistic than they have been historically. The NFIB Small Business...

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Consumers Splurge on Specialty Fashion Brands Amid Inflation
Consumers Splurge on Specialty Fashion Brands Amid Inflation
June 10, 2024  |  Retail

Amid financial uncertainties, U.S. consumers are becoming more discerning in what nice-to-have retail products they are willing to indulge in, shifting their purchasing away from...

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Consumers May Dig Into Savings as Long-Term Inflation Expectations Creep Up
Consumers May Dig Into Savings as Long-Term Inflation Expectations Creep Up
June 10, 2024  |  Consumer Insights

Through scores of reports on the paycheck-to-paycheck economy, PYMNTS Intelligence has found that there’s a commonality across income levels and demographics:  Most of our collective...

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Discount Retailers See Sales Upticks as Paycheck-to-Paycheck Shoppers Trade Down
Discount Retailers See Sales Upticks as Paycheck-to-Paycheck Shoppers Trade Down
June 10, 2024  |  Retail

As inflation continues to erode purchasing power, financially unstable consumers, squeezed by higher prices on everything from groceries to gasoline, are increasingly turning to discount...

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Consumer Confidence About Household Finances Highest in 3 Years
Consumer Confidence About Household Finances Highest in 3 Years
June 10, 2024  |  Economy

Consumers are more confident about the prospects for their household’s financial situation and the stock market than they’ve been in three years. The share of...

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eCosmetics Co-Founder Bridges the Trust Gap for Online Beauty Shoppers
eCosmetics Co-Founder Bridges the Trust Gap for Online Beauty Shoppers
June 10, 2024  |  eCommerce

As beauty brands look for ways to gain digital shoppers without being able to offer in-store product trials, eCosmetics is seeing sampling prove vital to...

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April Fed Report Shows Consumers Prioritize Credit Card Paydowns Over Spending, a Little
April Fed Report Shows Consumers Prioritize Credit Card Paydowns Over Spending, a Little
June 07, 2024  |  Credit Cards

Consumers are moving toward paying down at least some of what they owe on their credit cards. At least that was the case in April....

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Consumers Cut Spending as Financial Safety Nets Fray
Consumers Cut Spending as Financial Safety Nets Fray
June 07, 2024  |  Consumer Finance

Over the years, PYMNTS Intelligence research reveals, fewer and fewer consumers find themselves with savings enough to fall back on, and they are adjusting their...

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