Economic Data news and trends

Stronger Q2 Data and Falling Jobless Claims May Offset Consumer Confidence Decline
Economy // September 26, 2024

The latest revision to second-quarter GDP data is the third and final one. According to the newest data from the Bureau of Economic Analysis, real disposable income turned out to be healthier than initially reported. On Thursday (Sept. 26), the bureau said in a news...

More Federal Reserve Districts Report Flat or Declining Economic Activity
Economy // September 04, 2024

The number of Federal Reserve districts reporting flat or declining economic activity rose from five in July to nine in August. Only three of the 12 districts reported slight growth in economic activity in August, The Federal Reserve said Wednesday (Sept. 4) in a national summary of...

Wholesale Prices Rose 0.2% in June, Exceeding Economists’ Expectations
Economy // July 12, 2024

The Producer Price Index (PPI), which measures wholesale prices, rose in June after seeing no change in May. Final demand prices rose 0.2% in June after remaining unchanged in May and increasing 0.5% in April, in seasonally adjusted figures, the Bureau of Labor Statistics (BLS)...

Business Spending Increases More Than Expected
Business // May 24, 2024

New orders for manufactured durable goods increased by 0.7% in April. Orders increased by $1.9 billion to $284.1 billion during the month, the U.S. Census Bureau said in a Friday (May 24) press release. April’s increase in orders for durable goods followed a 0.8% increase in March and marked...

Interviews & Exclusives
Real-Time Data Helps CEOs Manage Economic Uncertainty

April 05, 2023
Market shifts and macro turmoil have savvy CFOs examining internal processes to ensure sustainable growth. “I think every CFO right now is concerned about macroeconomics,” Arlen Shenkman, president and CFO at Boomi, told PYMNTS in a recent conversation. “When you’re in a rising interest rate environment where it’s unclear whether or not you will have […]

Quick Reads
Jobless Claims Rise Amid Hurricanes, Automaker Layoffs and Boeing Strike

October 10, 2024
The effects of Hurricane Helene, cutbacks in the auto industry and furloughs related to a strike at Boeing drove U.S. jobless claims to their highest total in a year. During the week ended Saturday (Oct. 5), there were 258,000 initial claims for unemployment insurance — a total that was 33,000 higher than the previous week and […]

More Federal Reserve Districts Report Flat or Declining Economic Activity

September 04, 2024
The number of Federal Reserve districts reporting flat or declining economic activity rose from five in July to nine in August. Only three of the 12 districts reported slight growth in...

Wholesale Prices Rose 0.2% in June, Exceeding Economists’ Expectations

July 12, 2024
The Producer Price Index (PPI), which measures wholesale prices, rose in June after seeing no change in May. Final demand prices rose 0.2% in June after remaining unchanged in May...

Business Spending Increases More Than Expected

May 24, 2024
New orders for manufactured durable goods increased by 0.7% in April. Orders increased by $1.9 billion to $284.1 billion during the month, the U.S. Census Bureau said in a Friday (May 24) press release....