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.

Competition for Early Holiday Shoppers Won’t Start With Black Friday
Competition for Early Holiday Shoppers Won’t Start With Black Friday
October 02, 2024  |  Retail

As the holiday shopping season approaches, retailers are rolling out early sales strategies to capture consumer spending against a backdrop of economic uncertainty. With inflation...

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US Private Sector Hiring Rebounds After 5-Month Slowdown
US Private Sector Hiring Rebounds After 5-Month Slowdown
October 02, 2024  |  Economy

America’s private sector added 143,000 jobs in September, rebounding following a five-month slowdown. There was also wage growth, with annual pay rising 4.7% year over...

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Labor Market Uneven in August: Job Openings up, but Services Hit Hard
Labor Market Uneven in August: Job Openings up, but Services Hit Hard
October 01, 2024  |  Economy

In the U.S. economy, the jobs market has been volatile to say the least. To that end, the most recent Job Openings and Labor Turnover...

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Rising Car Prices Could Mean Stalling Sales for Automakers
Rising Car Prices Could Mean Stalling Sales for Automakers
October 01, 2024  |  Retail

For automakers, pre-pandemic sales highs might be in the rearview mirror. As The Wall Street Journal (WSJ) reported Tuesday (Oct. 1), the steep price of new vehicles...

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Retailers Face an Uncertain Holiday Season as Consumer Spending Slows
Retailers Face an Uncertain Holiday Season as Consumer Spending Slows
September 27, 2024  |  Economy

Consumers pulled back a bit on their spending increases in August, notching the slowest growth since the beginning of the year. The latest data from...

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Better Data and Inventory Management Can Help Firms Offset Sales Uncertainty 
Better Data and Inventory Management Can Help Firms Offset Sales Uncertainty 
September 26, 2024  |  Economy

The best laid plans of mice and men, wrote the poet Robert Burns, oft go awry. Add businesses of all sizes to that roster, as...

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Global M&A Activity Expected to Weaken Until After US Elections
Global M&A Activity Expected to Weaken Until After US Elections
September 26, 2024  |  Partnerships / Acquisitions

Global mergers and acquisitions (M&A) activity is reportedly expected to slow in the fourth quarter due to uncertainty around the U.S. elections before picking up...

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

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...

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Small Businesses Divided on How to Proceed After Rate Cuts
Small Businesses Divided on How to Proceed After Rate Cuts
September 26, 2024  |  SMBs

Last week, the Federal Reserve cut interest rates by half a percentage point. Now, The Wall Street Journal reported Thursday (Sept. 26), small business owners aren’t sure how to proceed....

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