"Regional high school graduation rates have a major impact on economic growth, particularly entrepreneurship. To determine the relationship between education and growth, researchers incorporated recent theories of entrepreneurship and new enterprise creation into traditional economic models. The recently published Small Business Administration Office of Advocacy report, Using Census Business Information Tracking System (BITS) to Explore Entrepreneurship, Geography and Economic Growth, discusses findings. Researchers found a positive relationship between U.S. entrepreneurship and high school graduation across all industry sectors, except manufacturing."
The world of eCommerce payments has evolved. As we look toward the latter half of this decade, we're witnessing a transformation in how digital commerce operates, with a clear shift toward localized payment solutions within a global marketplace. The numbers tell a compelling story. According to Juniper Research's latest analysis, global eCommerce transactions are set to reach $11.4 trillion by 2029, marking a 63 percent increase from $7 trillion in 2024. This growth isn't just about volume – it's about fundamental changes in how people pay for goods and services online. Perhaps most striking is the projected dominance of Alternative Payment Methods (APMs), which are expected to account for 69 percent of global transactions by 2029, with 360 billion transactions processed through these channels. eCommerce Payments Market Development What makes this shift particularly interesting is how it reflects the democratization of digital commerce. Traditional card-based systems ar...