economy

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

Labor Market Slows, Dimming Hopes of Workers Looking to Change Jobs
Labor Market Slows, Dimming Hopes of Workers Looking to Change Jobs
September 06, 2024  |  Economy

On the face of it, the jobs report released Friday (Sep. 6) had some good news — at least for those looking for confirmation that...

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ADP: Private Sector Job Creation Slows for Fifth Consecutive Month
ADP: Private Sector Job Creation Slows for Fifth Consecutive Month
September 05, 2024  |  Economy

The labor market continued to cool in August, with job creation among private employers slowing for the fifth consecutive month and wage growth remaining flat....

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

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...

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Job Openings Drop in July, Signaling Slowdown in Labor Market
Job Openings Drop in July, Signaling Slowdown in Labor Market
September 04, 2024  |  Economy

The number of job openings in the United States declined to 7.67 million in July, down from 7.91 million in June and 8.81 million a...

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Construction Spending Dips 0.3% in July Amid High Mortgage Rates
Construction Spending Dips 0.3% in July Amid High Mortgage Rates
September 03, 2024  |  Economy

Construction spending decreased by 0.3% in July after remaining unchanged in June. Spending totaled $2.163 billion in July, down from the revised June estimate of...

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Paycheck-to-Paycheck Shoppers May Demand More Deals Events This Fall
Paycheck-to-Paycheck Shoppers May Demand More Deals Events This Fall
September 03, 2024  |  Retail

In the wake of the savings events rush of the summer, with seemingly every large merchant announcing some major discounting push, consumers are growing accustomed...

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Trending: Most Consumers Think Twice Before Spending, Then Trade Down
Trending: Most Consumers Think Twice Before Spending, Then Trade Down
September 02, 2024  |  Economy

Sept. 17 is looming as a critical date on the economic calendar. It’s the date the Federal Reserve meets to consider — and most analysts...

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Inflation Cools, but Paycheck-to-Paycheck Consumers Still Feel the Heat
Inflation Cools, but Paycheck-to-Paycheck Consumers Still Feel the Heat
September 02, 2024  |  Economy

The reality is that inflation is cooling. But perception, as they say, is reality. As captured in a PYMNTS Intelligence report in August, the reality...

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Goldman Sachs Begins Layoffs as Part of Annual Review Process
Goldman Sachs Begins Layoffs as Part of Annual Review Process
August 30, 2024  |  Personnel

Goldman Sachs reportedly plans to lay off between 3% and 4% of its workforce — amounting to about 1,300 to 1,800 people — as part...

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