PandemicImpact

Australian Households Open Wallets: Spending Surge Driven by Sporting Events and Concerts

19 days ago

In an encouraging trend for the Australian economy, recent data has revealed a significant increase in household spending across the nation, driven primarily by a surge in attendance at sporting events and concerts. This uptick in expenditure paints a promising picture of consumer confidence, with individuals eager to enjoy leisure activities after a lengthy period of pandemic restrictions.

US Job Openings Surge to Three-Month High, Surpassing Expectations

3 months ago

The latest data released from the United States shows job openings at a three-month high, well above expectations and fresh insight into the nation's labor market dynamics.

Sharp Decline in Number of Canadian Firms Marks Largest Drop Since Pandemic

3 months ago

The business sector in Canada witnessed its most significant contraction in June since the beginning of the COVID-19 pandemic, reminiscent of economic tremors that shook the world at the beginning of 2020. According to statistics recorded, the number of active operating businesses slumped significantly in June, underlining rising economic anxieties amid an impending recession.