Economy

ISM Reports Non-Manufacturing Sector Growth in June

Economic activity in the non-manufacturing sector grew in June for the 101st consecutive month, the Institute for Supply Management reported. read more

ISM Reports Manufacturing Expansion, Slowing Supplier Deliveries

Economic activity in the manufacturing sector expanded in June, and the overall economy grew for the 110th consecutive month, the Institute for Supply Management reported. read more

June CMI Blip Shouldn’t Discourage Credit Managers

Credit professionals reported a slowdown in new, overall credit applications in the June 2018 economic report from the National Association of Credit Management. read more

Durable Goods Orders Decrease 0.6% in May

The U.S. Census Bureau reported new orders for manufactured durable goods in May decreased $1.4 billion or 0.6% to $248.8 billion. read more

CIT Study Details Optimistic View in the Middle Market

A CIT study found a large majority of middle market executives plan to invest in their business in 2018, primarily in technology, equipment and new personnel. read more

Wells Fargo: ‘Economic Recovery Has More Room to Run’

In its 2018 midyear outlook, the Wells Fargo Investment Institute makes the case the economic recovery, which coincides with the equity bull market, has more room to run. read more

May Marks 100th-Straight Month of Growth in Non-Manufacturing Sector

The Institute for Supply Management reported the 100th-straight month of growth in economic activity in the non-manufacturing sector. read more

PayNet Reports Continued Strength in Small Business Lending

The Thomson Reuters/PayNet Small Business Lending Index (SBLI) fell 3.5 points to 141.7 in April but remains in the top 5% of all readings and is up nearly 13% over the last 12 months. read more

Manufacturing Sector Expands in May, Underpinning Metrics Increase

The Institute for Supply Management reported continued expansion in economic activity for the manufacturing sector in May, with all but one of its metrics decreasing during the month. read more

IHS Markit Reports Improvement in Manufacturing Business Conditions

The latest survey data from IHS Markit signaled a marked improvement in business conditions across the U.S. manufacturing sector in May. read more

Manufacturing, Service Sectors Bounce Back in NACM’s May CMI

The National Association of Credit Management reported that May’s combined Credit Managers’ Index experienced a gain of nearly three points to a score of 56.6, the best reading since May 2017. read more

OCC Report Highlights Key Risks for Federal Banking System

In its Semiannual Risk Perspective for Spring 2018, the OCC notes that competition for quality loans is strong, as examiners note evidence of eased underwriting. read more

New Orders for Durable Goods Decrease 1.7% in April

The U.S. Census Bureau reported new orders for manufactured durable goods in April decreased $4.2 billion, or 1.7%, to $248.5 billion. read more

Small Business Sector Closes Q1/18 in Expansion Mode

In its latest quarterly credit outlook, PayNet noted that the small business sector closed Q1/18 with a healthy increase in investment and relatively moderate risk. read more

TD Bank Survey Says Most Small Businesses Expect Revenue Growth

More than half of small business owners are anticipating revenue growth and 22% plan to hire staff in 2018, according to a survey from TD Bank. read more

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