PYMNTS-MonitorEdge-May-2024

U.S. Bureau of Economic Analysis

‘Downward Revisions’ to Consumer Spending, Jobless Claims Cloud  Merchants’ Outlook
‘Downward Revisions’ to Consumer Spending, Jobless Claims Cloud Merchants’ Outlook
March 30, 2023  |  Economy

Economic data can be a work in progress — refined, revised and re-presented to better understand where things stand. For merchants, the big picture got...

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Consumer Spending Surges as Inflation Eats Away at Household Budgets
Consumer Spending Surges as Inflation Eats Away at Household Budgets
July 29, 2022  |  Economy

Consumer spending climbed 1.1% in June with higher fuel and food costs amid 40-year record high inflation that is continuing to eat away at paychecks...

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US Goods, Services Trade Deficit Expanded To $74.4 Billion In March
US Goods, Services Trade Deficit Expanded To $74.4 Billion In March
May 04, 2021  |  Economy

The U.S. goods and services deficit widened to $74.4 billion in March, rising $3.9 billion from $70.5 billion in February, according to data released on...

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July U.S. International Trade Deficit Dips Slightly
July U.S. International Trade Deficit Dips Slightly
September 05, 2014  |  B2B Payments

U.S. international trade in goods and services in July showed a slight deficit improvement from June, with growth in exports outpacing an increase in imports,...

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