Economy

Durable Good Orders Drop .7% After Four Consecutive Monthly Increases

The U.S. Census Bureau announced that manufactured durable goods decreased $1.6 billion, or 0.7%, to $231.2 billion in April. read more

Fed Waits on Interest Rate Hike Due to Q1/17 Economic Slowdown

Reuters reported that the Federal Reserve has decided to wait on increasing interest rates until it is certain the recent U.S. economic slowdown was temporary. read more

ISM Reports Economic Growth to Continue Throughout 2017

According to the Institute for Supply Management’s Spring 2017 semiannual economic forecast, economic growth is expected to continue in the U.S. throughout the remainder of 2017. read more

Wells Fargo: Small Business Optimism Holds Steady in Q2/17

Small business optimism held onto recent gains in Q2/17, according to the latest findings from the Wells Fargo/Gallup Small Business Index. read more

ISM: Manufacturing Sector Grows for 95th Consecutive Month

According to the most recent data from the Institute for Supply Management, economic activity in the manufacturing sector expanded in April, and the overall economy grew for the 95th consecutive month. read more

Non-Manufacturing Sector Experiences Strong Growth in April

According to the Institute for Supply Management’s non-manufacturing report on business, economic activity in the non-manufacturing sector grew in April for the 88th consecutive month. read more

PayNet: Small Business Borrowing Slips 1% in March

Reuters reported that the Thomson Reuters/PayNet Small Business Lending Index fell 1% in March to a reading of 134. read more

U.S. Bank Survey: Times Are Good for Small Business Owners

According to a U.S. Bank annual survey, small business owners expressed more optimism than in any time during the eight-year history of the report. read more

Beige Book: Economic Activity Increases in All 12 Districts

According to the Federal Reserve’s most recent Beige Book release, economic activity increased in each of the 12 Federal Reserve districts between mid-February and the end of March. read more

Durable Goods Orders Rise for Third Consecutive Month

The U.S. Census Bureau announced new orders for manufactured durable goods in March increased $1.6 billion, or 0.7%, to $238.7 billion, the third increase in three consecutive months. read more

Non-Manufacturing Sector Grows for 87th Consecutive Month

Economic activity in the non-manufacturing sector grew in March for the 87th consecutive month, according to data from the Institute for Supply Management. read more

SBOs Optimistic About U.S. Economy, Concerned About Driving Profits

According to a study by Balboa Capital, small business owners are concerned about their ability to drive profits and secure growth capital, but are otherwise feeling optimistic about the future. read more

Policy Uncertainty Keeps Small Business Borrowing Down Y/Y

According to Reuters, citing data from PayNet, small businesses borrowed more in February than the previous month, but less when compared on a year-over-year basis. read more

ISM: Overall Economy Grows for 94th Consecutive Month

According to the most recent report from the Institute for Supply Management, economic activity in the manufacturing sector expanded in March, and the overall economy grew for the 94th consecutive month. read more

Durable Goods Orders Rise 1.7% in February

The U.S. Census Bureau reported that new orders for manufactured durable goods in February increased $3.9 billion, or 1.7%, to $235.4 billion. read more

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Terry Mulreany
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