Economy

Survey: Business Owner Optimism Softens, Digital Marketing Usage Up

The latest Wells Fargo/Gallup Small Business Index survey showed that most business owners have a positive outlook on their financial situation and plan to use digital marketing to attract new customers. read more

WSJ: Boeing’s Troubles to Reduce U.S. GDP in 2020

The Wall Street Journal reported that the U.S. economy will most likely suffer a reduction in gross domestic product in the first half of 2020 due to Boeing’s ongoing troubles. read more

Survey: 77% of Middle Market Manufacturers Expect 2020 Revenue Increases

The results of BDO’s 2020 Manufacturing CFO Outlook Survey show that despite fears of an industrial slump, middle market manufacturers remain optimistic about their growth prospects.  read more

New Orders for Durable Good Up Two of the Last Three Months

New orders for manufactured durable goods in December increased $5.7 billion or 2.4% to $245.5 billion, the U.S. Census Bureau announced. read more

Half of Small Business Owners Saw Increased Revenues in 2019

A nationwide survey conducted by Balboa Capital revealed that 53% of small business owners saw increased revenues last year and the majority are expressing economic optimism in 2020. read more

M&A Outlook: Still a Sellers’ Market, Urgency Recedes as Growth Continues

Citizens Bank’s annual Middle Market M&A Outlook showed mid-market leaders expect their businesses to grow more in 2020 through organic strategies than through acquisitions. read more

Recession Depends on Definition: U.S. Economy Poised for 1.8% Expansion

ACT Research projected that the U.S. economy is poised to expand by 1.8% in 2020. read more

Wage Growth Accelerated in 2020 Amid Tight Labor Market

The competitive job market continues to drive wage growth higher, according to the latest Paychex | IHS Markit Small Business Employment Watch. read more

WSJ: CEOs Worry About 2020 Recession

The Wall Street Journal reported that U.S. CEOs fear a recession in the year ahead, citing a slowing economy and a hazy trade outlook at top concerns. read more

Fed Survey: Conditions Worsen in Oil & Gas Sector

Activity in the oil and gas sector dipped again Q4/19, according to oil and gas executives responding to the Dallas Fed Energy Survey. read more

BEA: Q3 U.S. Business Investment Down Despite GDP Increase of 2.1%

Real gross domestic product (GDP) increased 2.1% in Q3/19, according to the third estimate released by the Bureau of Economic Analysis. read more

Durable Goods Orders Drop $5B in November

New orders for manufactured durable goods in November decreased $5.0 billion, or 2.0% to $242.6 billion, according to the U.S. Census Bureau. read more

Citi Outlook 2020: Global Growth Can Endure Over the Coming Year

Citi Private Bank released its Outlook report for 2020, which asserts that global economic growth can endure through 2020. read more

CMI November Increase Signals Possible Upswing for Retailers

The Credit Managers’ Index from the National Association of Credit Management is trending upward as 2019 comes to a close, signaling what could be a positive holiday season for retailers. read more

Fed: Economic Activity Continues to Rise at Moderate Rate

The Federal Reserve reported that information received since the Federal Open Market Committee met in September indicates that the labor market remains strong. read more

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Terry Mulreany
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