economy

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

Slumping Department Store and Electronics Purchases Cut Nov Retail Sales to 0.3%

Slumping Department Store and Electronics Purchases Cut Nov Retail Sales to 0.3%
Slumping Department Store and Electronics Purchases Cut Nov Retail Sales to 0.3%
December 15, 2021  |  Retail

Total retail sales slowed to a much weaker than expected 0.3% in November, as sharp declines at department stores and electronics and appliance dealers pulled...

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Senate Committee Hearing Puts Airline Chiefs in Hot Seat Over Cancellations, Staffing Shortages
Senate Committee Hearing Puts Airline Chiefs in Hot Seat Over Cancellations, Staffing Shortages
December 14, 2021  |  Economy

CEOs for the airlines American, United and Southwest are slated to come before the Senate Committee on Commerce, Science and Transportation Wednesday (Dec. 15), Seeking...

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Wholesale Prices Make Fastest Jump on Record in November
Wholesale Prices Make Fastest Jump on Record in November
December 14, 2021  |  Economy

Wholesale prices increased 9.6% in November compared to the same time in 2020, marking their biggest year-to-year jump on record and presenting another sign that...

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Consumer Sentiment Recovers Slightly, After 10-Year Low 
Consumer Sentiment Recovers Slightly, After 10-Year Low 
December 10, 2021  |  Economy

Consumer sentiment in the U.S. rose to 70.4 for December of this year, a slight improvement from the 10-year low logged last month. Get the...

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WHO: Omicron Could Have ‘Major Impact’ on Pandemic
WHO: Omicron Could Have ‘Major Impact’ on Pandemic
December 10, 2021  |  Economy

The World Health Organization sounded a hopeful-yet-cautious note this week on the omicron variant of the COVID-19 pandemic. Get the Full Story Complete the form...

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Confidence Meets COVID as Adaptable Industries Feel More Ready for Omicron
Confidence Meets COVID as Adaptable Industries Feel More Ready for Omicron
December 10, 2021  |  Economy

It’s Omicron’s turn to capsize buoyant predictions and plans of recent months — or is it? Get the Full Story Complete the form to unlock...

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Inflation Hits 39-Year High With CPI up 6.8%
Inflation Hits 39-Year High With CPI up 6.8%
December 10, 2021  |  Economy

Inflation in the U.S. is at a 39-year high, with the consumer price index (CPI) up 6.8% in November over the previous month in 2020,...

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Inflation: The Economic Variant That Kills Paycheck-to-Paycheck Consumer Confidence
Inflation: The Economic Variant That Kills Paycheck-to-Paycheck Consumer Confidence
December 08, 2021  |  Consumer Payments

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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