Data

Planter Auction Values Drop While Late-Model Farm Equipment Inventory Growth Continues

Over the past year, Sandhills Global has noted a significant increase in late-model used farm equipment inventory levels in its marketplaces. At the same time, newer equipment has become more prevalent, as manufacturers have returned to normal production levels following the resolution of numerous supply chain issues. read more

Global PC Shipments Return Pre-Pandemic Volumes in Q1/24

After two years of decline, the worldwide traditional PC market returned to growth during Q1/24 with 59.8 million shipments, growing 1.5% year over year, according to International Data Corporation. read more

Total Employment Increases by 303K in March, Unemployment Rate at 3.8%

The U.S. Bureau of Labor Statistics reported that total nonfarm employment in March increased by 303,000, with the unemployment rate remaining flat at 3.8% and the healthcare, government, leisure and hospitality, and construction sectors experiencing the most notable job gains. read more

Economic Activity in Hospital Sector Grew in March for Seventh Straight Month

Economic activity in the hospital subsector grew in March for the seventh consecutive month after contracting twice in the previous four-month period, with 35 consecutive months of growth prior to that, according to the latest Hospital ISM Report on Business from the Institute for Supply Management. read more

Bankruptcy Filings Increase Across All Chapters in Q1/24; Chapter 11 Filings Up 43%

New bankruptcy filings during Q1/24 registered year-over-year increases across all major filing categories in the U.S., according to Epiq Bankruptcy, with total commercial Chapter 11 filings registering the largest increase, rising 43% year over year. read more

More Than 70% of SMBs View Private Equity as Potential Funding Source

According to a new study from Citizens, 72% of small- and mid-size businesses in the U.S. view the private equity industry as a source of current or future partnership and funding, with sponsors anticipating higher deal volumes in 2024. read more

Used Class 8 Truck Order Surge Pauses in March

According to preliminary data from ACT Research, North American Class 8 truck net orders reached 17,300 units in March, down 10,400 units from February and 18.7% on a year-over-year basis. read more

Economic Activity in Manufacturing Sector Expands in March After 16 Months of Contraction

Economic activity in the manufacturing sector expanded in March after contracting for 16 consecutive months, according to the latest Manufacturing Report on Business from the Institute for Supply Management. read more

ACT Research: Green Shoots Suggest an Improving Freight Market Balance in 2024

According to the latest release of ACT Research’s For-Hire Trucking Index, the freight market is continuing to recover, with the volume index increased by 2.3 points in February to a seasonally-adjusted mark of 52.3 from 50 in January. read more

More Than 50% of Lenders Identify Presidential Election as Most Concerning Macroeconomic Headwind

Results from Phoenix Management’s Q1/24 “Lending Climate in America” survey highlighted concerns about the outcome of the upcoming presidential election and increased uncertainty surrounding the retail and construction industries. read more

Used Class 8 Truck Price Growth Expectations Pushed Further Out

According to ACT Research, the used Class 8 average retail sale price improved 4.4% month over month to $62,100 in February. However, retail prices were down 14% year over year and Steve Tam, vice president at ACT Research, said ACT is "pushing expectations for the return to sustained month-over-month growth further out." read more

M&A Professionals Report Economic Optimism and Expect Increases in Deal Volume

A new survey from Grant Thornton showed that mergers and acquisitions professionals are highly optimistic about the state of dealmaking. The survey, which polled 238 M&A professionals, found that 81% of respondents expect deal volume to increase or significantly increase over the next six months. read more

New Business Volume for Equipment Finance Industry Up 4% Y/Y, Down 15% M/M in February

The Equipment Leasing and Finance Association’s Monthly Leasing and Finance Index showed that the equipment finance industry recorded $7.9 billion in overall new business volume in February, up 4% year over year from new business volume in February 2023. However, volume was down 15% from $9.3 billion in January. read more

CFOs Express Greater Optimism About North American Economy in Q1/24

According to Deloitte’s quarterly CFO Signals survey, in North America, 59% of CFOs expressed optimism for the current economy in Q1/24, up from the 47% tracked in Q4/23. read more

Confidence in Equipment Finance Market Increases in March

Overall, confidence in the equipment finance market increased for the third consecutive month to 55.2 in March, up from the February index of 51.7, and the highest level since April 2022, according to the Equipment Leasing & Finance Foundation’s March 2024 Monthly Confidence Index. read more

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
[email protected]
Susie Angelucci
Advertising: 484.459.3016
[email protected]

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.
www.abfjournal.com