Economy

July Non-Manufacturing Indices Indicate Expansion for 78th Straight Month

According to the ISM’s latest report on non-manufacturing, economic activity in the sector grew in July for the 78th consecutive month. read more

Manufacturing Sector Expands for Fifth Straight Month

According to the latest manufacturing report from the ISM, economic activity in the sector expanded in July for the fifth consecutive month, while the overall economy grew for the 86th consecutive month. read more

Durable Goods Orders Fall 4% in June

According to the U.S. Census Bureau, new orders for manufactured durable goods in June decreased $9.3 billion or 4.0% to $219.8 billion. This decrease, down two consecutive months, followed a 2.8% May decrease. read more

Financial Industry Adds 16,000 Jobs in June

A report by the U.S. Bureau of Labor Statistics revealed the creation of 16,000 financial jobs for the month of June, a marginal increase of 0.19% over gains made in May. read more

FOMC: Only Gradual Increases in Fed Funds Rate Expected

At their most recent meeting, Federal Reserve policy makers said they expect economic conditions will evolve in a manner that will warrant only gradual increases in the fed funds rate. read more

Beige Book: Economic Activity Expands Despite Mixed Manufacturing Performance

According to the most recent Beige Book from the Federal Reserve, economic activity continued to expand at a modest pace across most regions from mid-May to the end of June. read more

New Orders, Production, Employment Growing While Inventories Contract

According to the most recent report from the ISM, economic activity in the manufacturing sector expanded in June for the fourth consecutive month, while the overall economy grew for the 85th consecutive month. read more

U.S. Small Business Lending Down in May

The May 2016 data release of the Thomson Reuters/PayNet Small Business Lending Index (SBLI) decreased by 1% in May, falling to 128.6 from the 129.5 April reading. It marks the third consecutive month of decrease. read more

Q1/16 GDP Higher Than Previously Reported

According to the Commerce Department, real gross domestic product increased at an annual rate of 1.1% in the first quarter of 2016, up from the previous estimate of 0.8%. read more

Durable Goods Orders Fall 2.2% in May

Following two consecutive monthly increases, new orders for manufactured durable goods in May decreased $5.3 billion, or 2.2%, to $230.7 billion, according to the U.S. Census Bureau. read more

ELFA: May YTD New Business Volume Down 9%

The ELFA Monthly Leasing and Finance Index showed overall new business volume for May was $6.8 billion, down 7% year/year. Year-to-date new business volume decreased 9% compared to 2015. read more

Yellen: Fed Funds Rate Likely to Remain Low ‘For Some Time’

Federal Reserve head Janet Yellen said the committee expects the fed funds rate to remain below the levels expected for some time because of ‘headwinds.’ read more

ELFF: Industry Execs Wary over Political Uncertainty

The release of the June 2016 Monthly Confidence Index from the ELFF revealed that confidence in the industry eased for the second consecutive month, falling to 52.3 from the 55.1 mark recorded in May. read more

April Manufacturing Technology Orders Down 27.5% Y/Y

Manufacturing technology orders for April 2016 were down 27.5% compared to the same month a year ago, according to the latest report from the AMT. read more

Global Growth Forecast Again Revised Lower to 2.4%

The World Bank downgraded its 2016 global growth forecast to 2.4% from the 2.9% pace projected in January. read more

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
terry.mulreany@monitordaily.com
Susie Angelucci
Advertising: 484.459.3016
susie.angelucci@monitordaily.com

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.
www.abfjournal.com