According to Sandhills Global’s latest market reports, inventory levels are rising among multiple equipment sectors, with particularly noteworthy inventory surges in high-horsepower tractors (300 or more horsepower) and track skid steers. read more
OCT 6, 2023 - 7:03 am
U.S. corporate finance leaders have firmly pivoted their focus from revenue growth to cost control as they navigate through an uncertain economic environment and rapidly changing business landscape, according to U.S. Bank’s 2023 CFO Insights Report. read more
OCT 2, 2023 - 7:03 am
The increase in large corporate bankruptcies in the first half of 2023 marked a reversal from a gradual decline in filings since the start of 2021, according to a report by Cornerstone Research. read more
SEP 27, 2023 - 7:09 am
Most U.S. small business owners feel successful, driven by purpose and fulfilled by their work, but more than half are sacrificing time and relationships with loved ones for the sake of their business, according to a new U.S. Bank survey. read more
SEP 27, 2023 - 7:06 am
The Equipment Leasing and Finance Association’s Monthly Leasing and Finance Index showed overall new business volume for August was $10.1 billion, up 14% year over year from new business volume in August 2022. read more
SEP 26, 2023 - 7:10 am
While clouds on the trailer market horizon still bear watching, the industry is currently in its seasonally weakest time of the year for forward-looking metrics, according to ACT Research. read more
SEP 26, 2023 - 7:02 am
Worldwide spending on information and communications technology is forecast to grow steadily through 2027 with a 5.7% compound annual growth rate, according to International Data Corporation. read more
SEP 25, 2023 - 5:50 am
Average annual revenue for Latino businesses increased by 23.1% in 2022 – 2023 over the previous 12-month period, according to the annual Biz2Credit Latino-Owned Business Study. read more
SEP 22, 2023 - 6:53 am
The Equipment Leasing & Finance Foundation released the September 2023 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI). read more
SEP 21, 2023 - 6:30 am
According to Umpqua Bank’s recently released annual business barometer, while concerns about the direction of the U.S. economy persist, business optimism is rising and expectations for revenue and profitability are increasing. read more
SEP 21, 2023 - 6:25 am
On continued strong build rates and seasonally weak order volumes, the Class 8 backlog fell by 11,000 units to 152,600 units in August, according to ACT Research. read more
SEP 21, 2023 - 6:22 am
August’s preliminary net trailer orders increased sequentially to 11,500 but were lower against longer-term comparisons, according to ACT Research. As one of the weakest order months of the year, August’s tally received a seasonal adjustment boost to 14,700 units. read more
SEP 19, 2023 - 6:55 am
More than half of restaurant operators are planning to increase their equipment and supply budgets in 2023, and 67% plan to make kitchen equipment replacements, according to a new study released by the Equipment Leasing & Finance Foundation. read more
SEP 18, 2023 - 6:48 am
Nearly eight out of 10 small business owners feel a strong degree of confidence that their companies will grow over the next year even amid rocky market conditions, according to the ninth annual First Citizens Bank Small Business Forecast. read more
SEP 12, 2023 - 7:15 am
Small business loan approval percentages at big banks (more than $10 billion in assets) fell from 13.3% in July to 13.2% in August, according to the latest Biz2Credit Small Business Lending Index. Big bank lending to small businesses has now dipped every month since June 2022. read more
SEP 12, 2023 - 7:12 am