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

China’s GDP Near 30-Year Low As Trade War Impacts Factory Work
China’s GDP Near 30-Year Low As Trade War Impacts Factory Work
October 18, 2019  |  International

Economic growth in China is at a near-30-year low in the third quarter as tariffs start to negatively affect factory production, Reuters reported on Thursday...

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World Bank Downgrades India’s GDP Forecast
World Bank Downgrades India’s GDP Forecast
October 13, 2019  |  Economy

The World Bank has downgraded India’s GDP forecast due to a decrease in domestic demand. “India’s cyclical slowdown is severe,” the report said, according to...

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Data Points To US Consumer Spending Slowdown
Data Points To US Consumer Spending Slowdown
October 03, 2019  |  Economy

Consider the stock market free fall a bit of a lagging indicator — one that seems to be playing catch-up to the U.S. economy’s slowing...

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Study: Economic Impact Of Internet Tops $2.1T In US
Study: Economic Impact Of Internet Tops $2.1T In US
September 26, 2019  |  Economy

New data shows that the internet sector accounted for $2.1 trillion of the U.S. economy in 2018 — about 10 percent of the nation’s gross...

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Amid Trade War, US Job Growth Misses Estimates
Amid Trade War, US Job Growth Misses Estimates
September 06, 2019  |  Economy

The trade war, indirectly, seems to have had an impact on hiring. The latest data from the Labor Department show that in the United States,...

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Beyond Tariffs, Are Clouds Gathering For Chinese Consumers?
Beyond Tariffs, Are Clouds Gathering For Chinese Consumers?
September 04, 2019  |  International

In some ways, the United States and China exist as mirror images, at least when it comes to economic drivers. In other words: Live by...

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Connecting The Dots: Consumer Confidence, Inventories Tell Separate Economic Tales 
Connecting The Dots: Consumer Confidence, Inventories Tell Separate Economic Tales 
August 28, 2019  |  Economy

Economic data points are frozen in time – and yet taken collectively tell tales.  The latest readings on consumer confidence and on business inventories and...

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Girding for the $17 Trillion Negative Interest Rate Debt Trap
Girding for the $17 Trillion Negative Interest Rate Debt Trap
August 26, 2019  |  Economy

The world is awash in debt marked by negative interest rates. It’s a $17 trillion warning sign of overextended corporate borrowing and lending, CreditRiskMonitor CEO...

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PayPal (Maybe) Pulls Ahead Of The SMB Lending Pack
PayPal (Maybe) Pulls Ahead Of The SMB Lending Pack
April 29, 2019  |  B2B Payments

With first-quarter earnings reports rolling out, it’s time to take a look at the state of small businesses and how they fared for the first...

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