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Amid Job Numbers Blowout, Gig Economy Thrives

PYMNTS

The number was eye-popping in that it beat expectations by 130,000 jobs. Beyond the BLS data, the strong January growth was presaged earlier in the week by numbers from ADP , which showed that there was a 213,000 job increase in the month for nonfarm private sector employment. News came on Friday (Feb. percent in the first quarter.

Numbers 59
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Consumer Services Push Revised Third Quarter GDP Higher

CFO News Room

Headline numbers like GDP don’t provide a complete picture. The combination of elevated rates of consumer price increases and rising interest rates is impacting consumer and business confidence and weighing on economic activity. The economic outlook remains highly uncertain. However, growth has slowed significantly, from a 2.6

Economics 130
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A Dispatch From the Corporatized Dystopia: Bring on the Chains!

CFO News Room

More chains might mean Minneapolis, Montgomery, Montreal, and Milan all resemble one another, but they resemble one another because they offer ever-expanding arrays of options for people looking to feed, clothe, entertain, and express themselves. Art Carden Art Carden is a Senior Fellow at the American Institute for Economic Research.

Economics 130
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A Business Upended: Streaming disrupts the Entertainment Business!

Musings on Markets

The recent troubles in entertainment, though, reflect a longer term disruption that has occurred in the business, with the rise of streaming as an alternative to the traditional platforms for movies and television shows. Embedded in these numbers are two other trends worth noting.

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American Express Non-T&E Spend Recovers Into Q4

PYMNTS

In terms of headline numbers, earnings were $1.76 CEO Stephen Squeri said in remarks accompanying the release that non-travel and entertainment spending had surpassed levels seen before the pandemic for the second consecutive quarter. billion at the end of the most recent quarter, representing a conservative economic outlook.

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Subscriptions Growing Despite Threat Of Downstream Churn

PYMNTS

Subscriptions of every description are set to the beachheads of commerce over the next year or so in a frenzy of monthly boxes, streaming entertainment services and educational media. The New York Times witnessed 14 percent growth in its most recent quarter, with its total number of subscribers reaching a record 5.7

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Musings on Markets: Data Update 5 for 2022: The Bottom Line!

CFO News Room

The question of whether a company is making or losing money should be a simple one to answer, especially in an age where accounting statements are governed by a myriad of rules, and a legion of number-crunchers follow these rules to report profits generated by a firm. The numbers yield interesting insights. . Superior unit economics.

Marketing 130