PYMNTS-MonitorEdge-May-2024

economy

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

Latest Consumer Data Shows Expenses Grew Faster Than Income in September
Latest Consumer Data Shows Expenses Grew Faster Than Income in September
October 31, 2024  |  Economy

The latest data from the Department of Commerce’s Bureau of Economic Analysis revealed that consumer spending outpaced income growth in September. The news may be...

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Trending: Consumer Spending Drives Q3 GDP Despite Disposable Income Pressure
Trending: Consumer Spending Drives Q3 GDP Despite Disposable Income Pressure
October 30, 2024  |  Consumer Finance

It’s a truism that as the U.S. consumer goes, so goes the economy. And consumers are still opening their wallets and purses, tapping to pay,...

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Consumer Confidence Marks Big Gain Despite Inflation Concerns
Consumer Confidence Marks Big Gain Despite Inflation Concerns
October 29, 2024  |  Economy

One week ahead of the election, we’re living in what might charitably be called uncertain times. And yet, as measured by The Conference Board’s latest...

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Job Openings Drop to Lowest Level Since Early 2021
Job Openings Drop to Lowest Level Since Early 2021
October 29, 2024  |  Economy

The number of job openings in the United States declined to 7.4 million in September, down from 7.9 million in August and 9.3 million in...

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Consumer Sentiment Gets a Bump on Easing Interest Rates
Consumer Sentiment Gets a Bump on Easing Interest Rates
October 25, 2024  |  Economy

Consumers are feeling a bit more positive, notably about “buying conditions,” as shown in the latest release from the University of Michigan’s Survey of Consumers....

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CEO Confidence Slips Amid Geopolitical Instability and Regulatory Uncertainty
CEO Confidence Slips Amid Geopolitical Instability and Regulatory Uncertainty
October 24, 2024  |  Economy

Growing concerns about geopolitical instability and legal and regulatory uncertainty accompanied a slight decline in CEO confidence in the fourth quarter. The Conference Board Measure...

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Fed’s Beige Book Finds Mixed Consumer Spending Amid ‘Elevated Uncertainty’
Fed’s Beige Book Finds Mixed Consumer Spending Amid ‘Elevated Uncertainty’
October 24, 2024  |  Economy

The Federal Reserve’s Beige Book — released eight times a year, with the latest report debuting Wednesday (Oct. 23) afternoon — offers up a qualitative...

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WEX: Navigating Near-Term Headwinds While Investing in Digital Growth
WEX: Navigating Near-Term Headwinds While Investing in Digital Growth
October 24, 2024  |  Earnings

The contemporary operating landscape is increasingly defined by both resilience and vulnerability. These two themes were central to WEX Inc.’s third-quarter 2024 earnings call on...

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Insured Unemployment Reaches Highest Level in 3 Years
Insured Unemployment Reaches Highest Level in 3 Years
October 24, 2024  |  Economy

The number of initial claims for unemployment insurance dropped, but insured unemployment reached its highest level in about three years, the Department of Labor said...

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