Consumer Spending Slows as Pandemic Savings Run Dry and Debt Climbs
Consumer spending, which accounts for roughly 70% of U.S. GDP, is showing signs of fatigue as household savings rates fall…
For decades, many corporate leaders have treated payment acceptance as a necessary utility—a standard line item filed away under general banking expenses. Executives focused on top-line growth and market expansion often overlook payment acceptance costs, assuming that the fees levied…
Consumer spending, which accounts for roughly 70% of U.S. GDP, is showing signs of fatigue as household savings rates fall…
Traditional Economic Metrics Struggle to Capture the Full Scope of Freelance and Platform Work The rapid expansion of the gig…
Beyond the Job Destruction Narrative The relationship between automation and employment is proving far more nuanced than the apocalyptic predictions…
The Affordability Equation Remains Broken Despite a moderation in home price appreciation across several major metropolitan areas, housing affordability continues…
Persistent Imbalance Reflects Structural Economic Forces The United States trade deficit widened in the most recent reporting period, extending a…
Signs of Recovery After Prolonged Contraction The manufacturing sector is showing increasingly concrete signs of recovery after an extended period…
A World of Different Monetary Paths The global economy is navigating an increasingly complex monetary policy landscape characterized by significant…
A New Growth Cycle Takes Shape Emerging market economies are collectively posting their strongest growth performance in several years, driven…