Economy

Fed Says Economic Activity Continues to Increase at Modest Pace

According to the Federal Reserve’s beige book report, economic activity continued to increase at a modest to moderate pace in October and mid-November. read more

Manufacturing Activity Expands, Transport Equipment Reports Growth

According to the Institute for Supply Management, economic activity in the manufacturing sector expanded in November, and the overall economy grew for the 102nd consecutive month. read more

BMO Economics: Risks Manageable if NAFTA Ends

A BMO Economics report indicated the termination of NAFTA would be a mild negative for the U.S. economy and a manageable risk that policymakers, businesses and markets would adjust to in relatively short order. read more

Census Bureau: Transportation Drives Decrease in New Orders

The U.S. Census Bureau announced new orders for manufactured durable goods in October decreased $2.8 billion to $236.0. Transportation equipment, following two consecutive monthly increases, drove the decrease. read more

BofA: Small Businesses Optimistic as Confidence Surges

According to a Bank of America survey, small business owners are optimistic their year-end revenue will surpass 2016 as confidence in the economy has surged on expectation that economy will improve in the year ahead. read more

Small Business Investment Contracting, Financial Health Remains Strong

According to the September 2017 Thomson Reuters/PayNet Small Business Lending Index, small business monthly credit trends reflect a wait and see attitude. read more

ISM: Non-Manufacturing Activity Highest Since 2005

Economic activity in the non-manufacturing sector grew in October for the 94th consecutive month, according to the nation’s purchasing and supply executives in the latest Non-Manufacturing ISM Report on Business. read more

Manufacturing Sector Expands in October Despite Drop in PMI

According to the Institute for Supply Management, economic activity in the manufacturing sector expanded in October and the overall economy grew for the 101st consecutive month. read more

Durable Goods Orders Rise 2.2% in September

According to the U.S. Census Bureau, new orders for manufactured durable goods in September increased $5.1 billion, or 2.2%, to $238.7 billion. read more

ELFF Forecasts 4.3% Growth in Equipment and Software Investment

Investment in equipment and software is projected to expand 4.3% in 2017 according to the Q4 update to the 2017 Equipment Leasing & Finance U.S. Economic Outlook released today by the Equipment Leasing & Finance Foundation. read more

Small Business Hasn’t Turned the Corner Despite Strong Financial Health

The August 2017 Thomson Reuters/PayNet Small Business Lending Index increased 8% to 134.2 in August 2017 from 123.8 in July 2017. Compared to August 2016, the SBLI increased 1%. read more

ISM’s Non-Manufacturing Metric Reaches Highest Mark Since 2005

According to the Institute for Supply Management, economic activity in the non-manufacturing sector grew in September for the 93rd consecutive month. read more

Manufacturing Sector Expands in September, PMI Reaches 60.8%

New data from the Institute for Supply Management showed economic activity in the manufacturing sector expanded in September, and the overall economy grew for the 100th consecutive month. read more

Middle Market Businesses Less Optimistic For First Time Since Election

The RSM U.S. Middle Market Business Index, presented in partnership with the U.S. Chamber of Commerce announced the index declined in Q3/17, following a record-high reading in Q2/17. read more

New Orders for Durable Goods Down 6.8% in July

According to the U.S. Census Bureau, new orders for manufactured durable goods in July decreased $16.7 billion, or 6.8%, to $229.2 billion. read more

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Terry Mulreany
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