Data

Ritchie Bros. Delves Into Aerial Equipment Trends in October Report

Ritchie Bros.’ October Market Trends Report reported on sales of key aerial equipment categories in North America, specifically boom lifts, scissor lifts and telehandlers. read more

ACT Research: Classes 5-8 Economy Resilient Against Interest Rate Hikes

According to ACT Research’s latest State of the Industry: NA Classes 5-8 report, current economic conditions are resilient in the face of aggressive interest rate hikes. read more

ACT Research: September Preliminary Net Trailer Orders Up 45%

According to ACT Research’s recent preliminary report, net trailer orders in September were 25,700 units, up about 45% from August but around 10% lower than the same month last year. Final September results will be available later this month. read more

ACT Research: Inflation and Rising Rates Dampen Forecasts

According to ACT Research’s latest release of the North American Commercial Vehicle OUTLOOK, forecasts this month are slightly lower than September due to stubborn inflation and the Fed’s continued firm action toward bringing it down to its 2% target. read more

September Small Business Loan Approval Rates Rise for Most Lenders Except Larger Banks

Small business loan approval percentages at small banks (less than $10 million in assets), institutional lenders, alternative lenders and credit unions increased in September compared with August, while approvals at big banks (more than $10 million in assets) declined, according to Biz2Credit. read more

ACT Research: DRIVING AUTOMATION Report Released

ACT Research released DRIVING AUTOMATION, a report and total-cost-of-ownership model covering commercial autonomous vehicles in North America. read more

Business Jet Market to Reach $38.34B Growth by 2029

According to Fortune Business Insights’ Business Jet Market report, the size of the global business jet market was $25.87 billion in 2021 and the market is expected to grow from $29.03 billion in 2022 to $38.34 billion in 2029. read more

Equipment Finance Industry Hits High of $1.16T in 2021

According to a new study released by the Equipment Leasing & Finance Foundation, the size of the equipment finance industry rose to an all-time high of $1.16 trillion in 2021. read more

ISM Report on Business: Hospital Activity Grew in September

According to the latest Hospital Report On Business from the Institute for Supply Management, economic activity in the hospital subsector grew in September for the 28th consecutive month. read more

Financial Partners Group Sees Record Growth in Q3 of $122MM

Financial Partners Group completed its highest quarter in company history closing a record $122 million in origination volume in Q3/22.  read more

Vistage Index Reports an Increase in Gains for Small and Midsize Businesses

According to the latest CEO Confidence Index from Vistage, a CEO coaching and peer advisory organization, small and midsize business (SMB) CEO confidence saw a slight uptick in Q3, along with a slight increase in CEO revenue and profit expectations. read more

Funding Circle Releases Study Findings on Fintech Lending and Credit Access for U.S. Small Businesses

The Bank for International Settlements and the Federal Reserve Bank of Philadelphia released research that analyzed proprietary loan-level data from Funding Circle, an online platform for small business loans, and other small business fintech data. read more

ACT Research: September Class 8 Orders Rise

According to ACT Research’s State of the Industry: Classes 5-8 Vehicles report set to be released in mid-October, preliminary NA Class 8 net orders in September were 53,700 units, while NA Classes 5-7 net orders were 26,600 units. read more

Balboa Capital Reports U.S. Small and Midsize Companies Anticipate Minimal Changes in Q4

According to a Morning Consult survey sponsored by Balboa Capital, a division of Ameris Bank, most of business decision-makers of U.S. small to midsize companies expect their sales to stay the same or grow in the fourth quarter of this year. read more

ISM Manufacturing Reports Growth in September

According to the latest Manufacturing Institute for Supply Management (ISM) Report On Business, economic activity in the manufacturing sector grew in September, with the overall economy achieving a 28th consecutive month of growth. read more

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