economy

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

Census 2020: Stimulus Checks Offset Increase in US Poverty

Census 2020: Stimulus Checks Offset Increase in US Poverty
Census 2020: Stimulus Checks Offset Increase in US Poverty
September 14, 2021  |  Personal Finance

The number of people living in poverty in the U.S. increased in 2020 as the COVID-19 pandemic gripped the world, but the level was offset...

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In-Restaurant Dining Starts to Shut as Delta Variant Cases Increase
In-Restaurant Dining Starts to Shut as Delta Variant Cases Increase
September 12, 2021  |  Economy

Restaurants have been putting the brakes on reopening their dining rooms due to the delta variant of COVID-19, which has thrown a wrench into recovery...

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Visa: August Consumer Spending Up Over Last Year, But Down From July
Visa: August Consumer Spending Up Over Last Year, But Down From July
September 10, 2021  |  Consumer Payments

Consumers spent more in August compared to last year, but not as much as they dropped on goods and services in July, according to Visa’s...

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New Jobless Claims Edge Closer to Pre-Pandemic Norm
New Jobless Claims Edge Closer to Pre-Pandemic Norm
September 09, 2021  |  Economy

New jobless claims for the week ending Sept. 4 dropped 35,000 to 310,000, the lowest level since March 14, 2020’s pre-pandemic rate of 256,000, the...

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New Pandenomics Study: 76 Percent of SMBs Say Local Economies Still on Recovery Road
New Pandenomics Study: 76 Percent of SMBs Say Local Economies Still on Recovery Road
September 08, 2021  |  Economy

The PYMNTS series of special reports dubbed “Pandenomics” ­­— a portmanteau of “pandemic” and “economics” for the uninitiated — continues tracking these forces as one influences...

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LendingClub CEO Says Breadth of Consumers Living Paycheck to Paycheck Is ‘Wake-up Call’
LendingClub CEO Says Breadth of Consumers Living Paycheck to Paycheck Is ‘Wake-up Call’
September 08, 2021  |  Consumer Finance

The paycheck-to-paycheck economy reaches far and wide, as a growing number of individuals and families across the U.S. struggle mightily to make ends meet. Get...

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Delta Variant Thwarts Economists’ Labor Day Optimism
Delta Variant Thwarts Economists’ Labor Day Optimism
September 07, 2021  |  Economy

The surge in the delta variant of COVID-19 has the U.S. seeing new hurdles thwarting its economic recovery, according to a report from The Wall...

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Goldman Economists Cut US Q3 GDP Projections
Goldman Economists Cut US Q3 GDP Projections
September 07, 2021  |  Economy

Economists at Goldman Sachs slashed U.S. GDP forecasts for the second time in a month following a weak jobs report on Friday (Sept. 3) and the increasing...

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