economy

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

Uncle Sam Would Be Proud: Patriotic Consumers Seen Posting Record July Fourth Sales

Uncle Sam Would Be Proud: Patriotic Consumers Seen Posting Record July Fourth Sales
Uncle Sam Would Be Proud: Patriotic Consumers Seen Posting Record July Fourth Sales
July 05, 2021  |  Economy

Even before COVID-19 upended nearly every holiday tradition, total spending on Independence Day had been falling, as had the percentage of people celebrating the signing...

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Muddled, Muted And Misplaced, ‘Revenge Shopping’ Trend Tries On A New Look For Summer
Muddled, Muted And Misplaced, ‘Revenge Shopping’ Trend Tries On A New Look For Summer
July 02, 2021  |  Economy

A few months ago, in the waning days of winter and at the outset of mass vaccination, economists and retail industry analysts were largely in...

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Tech Spending Set To Rise 7.4 Pct As Pandemic Ebbs
Tech Spending Set To Rise 7.4 Pct As Pandemic Ebbs
July 02, 2021  |  Economy

As the economy rises and the raging pandemic gets doused with vaccines, tech spending is set to grow. Forrester Research predicts that overall growth in...

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Nonfarm Job Growth Hits 850,000 In June, Beating Predictions
Nonfarm Job Growth Hits 850,000 In June, Beating Predictions
July 02, 2021  |  Economy

Total nonfarm payroll employment rose by 850,000 in June, far outstripping the revised 583,000 jobs created in May. The increase in jobs topped the predictions of analysts....

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NFIB: 46 Pct Of SMBs Have Unfilled Job Openings
NFIB: 46 Pct Of SMBs Have Unfilled Job Openings
July 01, 2021  |  SMBs

Forty-six percent of small business owners say they had job openings they couldn’t fill, a report from NFIB says. Get the Full Story Complete the...

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Retailers Turn To AI To Cope With Inflation
Retailers Turn To AI To Cope With Inflation
July 01, 2021  |  Retail

With consumer demand quickly recovering post-pandemic and supply chains still tangled, inflation is on the rise, pushing costs up even as retailers attempt to compete...

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New Jobless Claims Hit Lowest Level Since Pandemic Began
New Jobless Claims Hit Lowest Level Since Pandemic Began
July 01, 2021  |  Economy

Initial jobless claims for the week ending June 26 dropped 51,000 to 364,000 from the previous week’s level, which was revised up to 415,000, according...

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UN Study Shows Int’l Travel Stuck At 1980s Levels; Recovery Forecast Suggests Long Way To Go
UN Study Shows Int’l Travel Stuck At 1980s Levels; Recovery Forecast Suggests Long Way To...
June 30, 2021  |  Travel Payments

While the pace of recovery in the U.S. has been relatively swift as COVID-19 vaccines have reached the public quickly, the global pace of recovery...

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