PYMNTS

MAY 15, 2020

The result represents the largest monthly drop reported since the start of formal records in 1992, and the seasonally adjusted total dollar amount spent on goods dropped back to a level not seen since 2013. Others heavily impacted by the shutdown and economic slowdown include electronics and appliances sellers, with sales down 60.6

Federal Reserve 92

Federal Reserve Shutdown Economy Consumer 92

PYMNTS

JULY 29, 2020

In an earnings season defined by diminished expectations amid the worldwide economic shutdown, PayPal not only beat analysts’ expectations Wednesday (July 29) but enjoyed a record quarter. The world has moved to a digital-first economy and I don’t think there is any going back,” Schulman said. billion ($1.29

Venmo 84

Venmo PayPal Direct Deposit Adjustments 84

PYMNTS

JUNE 17, 2020

home construction collapsed in March, the sector rebounded in May after steep declines caused by COVID-19 shutdowns, according to the U.S. percent at a seasonally adjusted annual rate of 1,220,000 compared to 1,066,000 permits issued in April, the two agencies said in data released Wednesday (June 17). For the first time since U.S.

Adjustments 56

Adjustments Shutdown Economy On-Demand 56

PYMNTS

APRIL 23, 2020

The advance seasonally adjusted insured unemployment rate of 11 percent was for the week ending April 11, reflecting an increase of 2.8 The numbers are down about 810,000 from last week’s figures of 5.24 The four-week average is 5.8 million, an increase of 280,000 from the previous week’s revised average.

Shutdown 56

Shutdown Adjustments Governance Government 56

PYMNTS

MARCH 17, 2020

The coronavirus continues to have reverberations across the global stage, and is especially impacting developed economies, and in particular, the small businesses that are a key foundation of those economies. With the global economy at about $86 trillion, as estimated by the World Bank, the impact could be more than $1 trillion.

SARS 64

SARS Economy Shutdown Fed 64

PYMNTS

NOVEMBER 29, 2020

Census Bureau data indicating a seasonally adjusted decline in restaurant sales in October — the first slippage since the industry began to claw its way back from the damage inflicted by the first wave of shutdowns. are too commonly labeled as 'super-spreaders,' and have become a convenient scapegoat for reflexive shutdowns.".

Shutdown 53

Shutdown NOV Adjustments Rules 53

PYMNTS

MARCH 27, 2020

Factory shutdowns and stay-at-home orders have disrupted manufacturing and production, with ramifications reverberating throughout global supply chains. It’s just not about supporting cargo, it’s about driving economies.” They have traditional business models in place. .

Payer 87

Payer B2B On-Demand Shutdown 87

PYMNTS

MAY 4, 2020

Uber said the shutdowns will take place by June 4, affecting “50 full-time roles.” The discontinued and transitioned operations only represent 1 percent of Uber Eats’ “gross bookings” in the first quarter of 2020, along with 4 percent of its “adjusted core earnings losses.”.

Shutdown 64

Shutdown Adjustments Regulations Continuity 64

PYMNTS

OCTOBER 30, 2020

GDP shot up at a record seasonally adjusted 33.1 The Eurozone economy came roaring back in the third quarter as lockdowns ended, though a full recovery is still some way off and a setback now looms in the fourth quarter,” Claus Vistesen, economist at Pantheon Macro, said in a research note cited by CNBC. That beat the 9.4

Shutdown 76

Shutdown Consumer On-Demand Adjustments 76

PYMNTS

SEPTEMBER 17, 2020

12, the advance figure for seasonally adjusted initial claims fell by 33,000 from the previous week’s revised level of 893,000, the U.S. Hamrick noted there could be more pain ahead if Congress and the White House fail to approve new funding to avoid a government shutdown on Oct. For the week ending Sept.

Shutdown 56

Shutdown Adjustments On-Demand Governance 56

PYMNTS

APRIL 8, 2019

economy in March, beating analyst expectations and demonstrating a big bounce back from an unusually weak February. Initial reports indicated only 20,000 were added, though last week those figures were adjusted to a better, but still low, 33,000. “We Last week’s jobs report indicated 196,000 positions were added to the U.S.

Blocks 59

Blocks Economy Shutdown Automation 59

PYMNTS

JULY 22, 2020

cities struggle to balance reopening their local economies and avoid becoming the next COVID-19 hotspot, we’ve seen U.S. business-closure data reflect an unstable economy,” said Justin Norman , Yelp’s vice president of data science. Some 60 percent of those shutdowns are permanent. business closures.

Shutdown 56

Shutdown Economy Adjustments Consumer 56

PYMNTS

MARCH 23, 2020

The economy, for all intents and purposes, is on hiatus as everyone is staying in as part of an attempt to flatten the curve and thus failing to generate much in the way of real-world economic activity.

Credit Union 52

Credit Union Credit Union Service Organization Shutdown Volume 52

PYMNTS

MARCH 11, 2019

The retail sales reported for January was delayed by the federal government’s partial shutdown , which concluded on Jan. percent in December on a seasonally adjusted basis to reach $505.8 While the retail sales report was supposed to be published on Thursday, it will now reportedly be delayed until April 1. percent rise in sales.

Shutdown 46

Shutdown Adjustments Economy Consumer 46

PYMNTS

FEBRUARY 14, 2019

percent in December on a seasonally adjusted basis to reach $505.8 have recently showed robust sales but consumer confidence has taken a hit with the government shutdown as well as uncertainty around the markets. Retail sales fell by 1.2 billion, while economists in one survey had forecast a 0.1 Overall, retailers in the U.S.

Shutdown 43

Shutdown Adjustments Governance Government 43

PYMNTS

MARCH 17, 2020

The partial shutdown of the U.S. retail economy is unprecedented. Terror attacks on 9/11 happened well before the internet was a factor, and are therefore not relevant as a comparison. And other public health crises like flu epidemics didn’t come close to the current need for social distancing. So what sticks?

Contactless Payments 53

Contactless Payments SARS Shutdown Wires 53

PYMNTS

FEBRUARY 21, 2019

According to the minutes, “many participants suggested that it was not yet clear what adjustments to the target range for the federal funds rate may be appropriate later this year,” per details on the end-of-January session. The boosts would come only in the event that inflation quickens. percent to 2.5 percent.

Fed 43

Fed Federal Reserve Shutdown Participant 43

CB Insights

OCTOBER 31, 2017

Most surprising was the sudden shutdown of Sprig, a startup in the beleaguered food-delivery space that first received funding in 2013. ” Title: Shelfie to Shutdown on 31 January – Download Your eBooks NOW. The shutdown was a conscious business decision. Having an independent platform to do this is no longer necessary.”

Posting 78

Posting Product Online and Mobile Banking On-Demand 78