Consumers’ total outstanding credit grew at a seasonally adjusted annual rate of 2.1% in August, after rising at a rate of 6.3% in July and...
Monday (Oct. 7) marked a double dose of economic data that provided a continued diet of mixed signals. First up, the Federal Reserve’s latest data on...
The United States economy added 254,000 jobs in September, exceeding economists’ expectations and potentially mitigating some recent concerns about job prospects among the paycheck-to-paycheck consumer...
Amazon plans to hire 250,000 workers for the upcoming holiday season, according to a Thursday (Oct. 3) press release. The figure is in keeping with...
As the holiday shopping season approaches, retailers are rolling out early sales strategies to capture consumer spending against a backdrop of economic uncertainty. With inflation...
America’s private sector added 143,000 jobs in September, rebounding following a five-month slowdown. There was also wage growth, with annual pay rising 4.7% year over...
In the U.S. economy, the jobs market has been volatile to say the least. To that end, the most recent Job Openings and Labor Turnover...
For automakers, pre-pandemic sales highs might be in the rearview mirror. As The Wall Street Journal (WSJ) reported Tuesday (Oct. 1), the steep price of new vehicles...
Consumers pulled back a bit on their spending increases in August, notching the slowest growth since the beginning of the year. The latest data from...