PYMNTS-MonitorEdge-May-2024

GDP

Gross domestic product (GDP) is a measurement of the market value of all the final goods and services produced in a specific time period in time. GDP provides a detailed economic look at a country, used to estimate the growth of economy.

Source: bea.gov

Job Growth Undershoots Expectations, But Enough for Rate Hikes?
Job Growth Undershoots Expectations, But Enough for Rate Hikes?
October 07, 2016  |  News

The United States economy logged some job growth in September, with wages also on the upswing.  The latest statistic released Friday by the Labor Department...

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Boosting Financial Inclusion, And GDP, For The Have-Nots
Boosting Financial Inclusion, And GDP, For The Have-Nots
September 22, 2016  |  Financial Inclusion

The emergence of financial technology has been changing the way we do business, pay bills and even extend money to friends and family, speeding the...

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GDP Growth Softens Slightly In 2Q
GDP Growth Softens Slightly In 2Q
August 26, 2016  |  News

Statistics released on Friday (Aug. 26) by the Bureau of Economic Analysis show that the U.S. economy grew a bit less in the second quarter...

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Slowing Consumer Credit – A Shape of Things to Come?
Slowing Consumer Credit – A Shape of Things to Come?
June 08, 2016  |  Payment Methods

Amid the lingering questions about when and whether the Fed will raise rates, another data point, or slew of them, came through recently which may...

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GDP Shines Light At The End Of The Small Business Tunnel — Perhaps
GDP Shines Light At The End Of The Small Business Tunnel — Perhaps
May 27, 2016  |  Payment Methods

There may be light at the end of the GDP tunnel, with a bit of good news that came through on Friday.    The U.S....

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Warning Signs For Storefronts And Payments A-Flashing In GDP Stats?
Warning Signs For Storefronts And Payments A-Flashing In GDP Stats?
April 28, 2016  |  Payment Methods

Just when we thought the U.S. economy was firing on all cylinders, it appears there is some sand in the engine. One day after the...

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Visa Details Electronic Payments’ $300B GDP Impact
Visa Details Electronic Payments’ $300B GDP Impact
March 10, 2016  |  Payment Methods

The results of a Visa-commissioned study, released Wednesday (March 9), found that the increased use of electronic payments boosted economic growth across 70 countries between...

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Recession Fears Call For Weaker, But Longer Storm
Recession Fears Call For Weaker, But Longer Storm
March 02, 2016  |  Consumer Insights

The prospect of a U.S. recession is never a pleasant one, but there are some indications, according to Bloomberg, that though it may be lengthy,...

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