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U.S. Economy

Jobs and Fed Rate Hikes Could be Clues to Consumer Spending: Week Ahead

Will consumers continue to spend at retail? That could depend on the labor market and when the Fed will raise…

Will December’s Job Growth Last? Omicron Might Hold the Answer

The private sector added 807,000 jobs in December, new data shows.

Supply Execs Braced for 8.1% Increase in Raw Materials Prices. What They Paid Was Far Higher.

The "December 2021 Semiannual Economic Forecast" from the Institute for Supply Management sheds light on…

UK Consumer Confidence Index Offers ‘Compelling Reasons to Be Cheerful’

New data offers a glimpse into the British consumer's mindset and what it means for the near term.

America’s Economic Recovery Might Be in Trouble, Payroll Data Suggests

"The labor market recovery continues to exhibit uneven progress," ADP chief economist Nela Richardson said.

Here’s How Local Gov Can Revive Retail Real Estate and Reimagine Jobs

The National League of Cities cited eight key recommendations for city leaders to facilitate an inclusive…

First-Time Jobless Claims Top 400,000 Again: Week Ahead

Despite initial jobless claims over 400,000 for the second straight week, the pace of job growth is expected…

More Jobs, But Where Are the Workers? Week Ahead

New claims for first-time unemployment benefits have declined, spurring hope that the unemployed will be…

‘Unprecedented’ Growth: NRF Rewrites Retail Sales Outlook

NRF chief economist Jack Kleinhenz anticipates that the U.S. retail industry will experience its fastest…

Could Global Covid Spikes Derail Consumer Spending?: Week Ahead

Global economies are hoping to regain some sense of normalcy, but existing variant spikes and newer mutations…

Consumers Planning 9% Higher Spend on Clothing and Shoes This Summer

Corporate executives are bracing for robust revenue and profit growth, and consumers are ready to leave their…

More Travel, Spending Even as US Inflation Ticks Up: Week Ahead

A key US inflation gauge rose 3.1% in April, but healthy bank accounts mean consumers are able to spend on…

US Apparel and Textile Makers Expect Economic and Job Growth in 2021

Textile mills were among the 16 industries expecting production capacity increases for 2021, according to the…

Post-Pandemic Problem: All Signs Point to Inflation

The American economy could see its second-fastest growth since 1995, unleashing inflation thanks to a…

Jamie Dimon Says We Could Be in for a ‘Goldilocks’ Economy

The JPMorgan Chase CEO believes a post-Covid boom could unfold into 2023.