economy

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

US Household Debt Drops For First Time Since 2014

US Household Debt Drops For First Time Since 2014
US Household Debt Drops For First Time Since 2014
August 06, 2020  |  Debt

The steep decline in consumer spending resulted in less U.S. household debt for the first time since 2014, the Financial Times (FT) reported. Get the...

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Study: California Sees More Than Half Of Unemployment Applicants A Second Time
Study: California Sees More Than Half Of Unemployment Applicants A Second Time
August 06, 2020  |  Economy

Evidence of the U.S. economic recovery’s unpredictability in the wake of the coronavirus pandemic is on display in California. Get the Full Story Complete the form to...

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US Jobless Claims Fall To 1.2M In Latest Week, But Top 55M Since Pandemic Began
US Jobless Claims Fall To 1.2M In Latest Week, But Top 55M Since Pandemic Began
August 06, 2020  |  Economy

The number of Americans who filed for unemployment benefits fell last week after two consecutive weeks of increases, the U.S. Department of Labor (DOL) reported...

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The 5 Things That Will Help Main Street SMBs Get Back On Their Feet
The 5 Things That Will Help Main Street SMBs Get Back On Their Feet
August 05, 2020  |  Economy

Since all hell broke loose in March, PYMNTS tracking of COVID-19’s impact on small and medium-sized businesses (SMBs) — and consumer spending that favored them over category...

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Senate SMB Chair Warns Of Small Business Layoffs Without PPP Aid
Senate SMB Chair Warns Of Small Business Layoffs Without PPP Aid
August 05, 2020  |  Economy

Small businesses across the country could face a looming meltdown with massive layoffs should Congress fail to include more money for the Paycheck Protection Program...

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ADP Reports Disappointing Private Sector Job Growth In July
ADP Reports Disappointing Private Sector Job Growth In July
August 05, 2020  |  Economy

Private sector employment rose by 167,000 in July, but the numbers are a far cry from June, when private-sector employment increased by nearly 2.4 million jobs,...

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Paychex CEO: SMB Employment Is Dropping
Paychex CEO: SMB Employment Is Dropping
August 04, 2020  |  SMBs

Martin Mucci, CEO of Paychex, the payroll processing and human resources company, said the amount of small- to medium-sized business (SMB) employment has fallen again,...

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JPMC Data: Economy Looks To Be Stalled
JPMC Data: Economy Looks To Be Stalled
August 04, 2020  |  Economy

Consumer spending data from J.P. Morgan Chase shows the economy at a standstill, according to a report by CNBC. Get the Full Story Complete the...

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