Economic activity in the services sector grew in April for the 11th month in a row, according to the latest Services ISM Report on Business from the Institute for Supply Management. read more
MAY 19, 2021 - 6:39 am
Economic activity in the manufacturing sector grew in April, with the overall economy notching an 11th consecutive month of growth, according to the latest Manufacturing ISM Report on Business from the Institute for Supply Management. read more
MAY 17, 2021 - 6:04 am
Small business loan approval percentages at big banks (or those with more than $10 billion in assets) dipped slightly to 13.4% in April from 13.5% in March 2021, according to Biz2Credit. Similarly, approvals at small banks dropped to 18.2% in April, which was down from 18.3% in March. read more
MAY 12, 2021 - 6:30 am
A survey from First Citizens Bank found nearly 80% of small business owners are confident or very confident in business growth over the next 12 months, which marks a 9% increase since September 2020 and a return to pre-COVID-19 pandemic levels. read more
MAY 5, 2021 - 6:33 am
According to TD Bank’s 2021 small business survey, 41% of small business owners expect to grow their revenue in 2021, while only 9% anticipate a decline. read more
MAY 4, 2021 - 6:46 am
The National Association of Credit Management’s Credit Managers’ Index for April 2021 reached a high not seen for more than 15 years. The monthly combined index for manufacturing and service sectors broke through the 60 mark with a reading of 60.6 after hovering in the high 50s for several months. read more
MAY 3, 2021 - 6:56 am
Continued economic recovery from the shock of the COVID-19 pandemic kept the Q1/21 national Citizens Business Conditions Index (CBCI) in upbeat territory with a reading of 53.3. This compares with a Q4/20 reading of 56. A reading above 50 is considered expansionary. read more
MAY 3, 2021 - 6:54 am
According to Balboa Capital’s Q2/21 Small Business Owner Survey, half of small businesses experienced increased revenues in Q1/21 and seven in 10 small business owners expect their companies to perform better in 2021 than they did in 2020. read more
APR 30, 2021 - 6:59 am
Following a challenging year marred by the impact of the COVID-19 pandemic, business owners are optimistic about the next six months and are re-examining their business and financial strategies, according to a survey from Truist. read more
APR 29, 2021 - 7:09 am
In the most recent release of its Commercial Vehicle Dealer Digest, ACT Research reported that there is much to like about the current state of the U.S. economy as well as from both freight and commercial vehicle demand perspectives. read more
APR 29, 2021 - 6:59 am
According to the Equipment Leasing and Finance Association’s Monthly Leasing and Finance Index (MLFI-25), overall new business volume for March was $9.3 billion, up 4% year over year from new business volume in March 2020. Volume was up 26% month to month from $7.4 billion in February. read more
APR 23, 2021 - 7:32 am
The Equipment Leasing & Finance Foundation released its Q2 2021 Equipment Leasing & Finance Industry Snapshot. According to the snapshot, a historic stimulus, record-high savings rates and below-trend spending are among the economic tailwinds for this year. read more
APR 20, 2021 - 6:16 am
Annual equipment and software investment is expected to grow 11.2% in 2021 and U.S. GDP is expected to grow 5.7% in 2021, according to the Q2 update to the 2021 Equipment Leasing & Finance U.S. Economic Outlook from the Equipment Leasing & Finance Foundation. read more
APR 14, 2021 - 6:39 am
Small business loan approval percentages at big banks (more than $10 billion in assets) rose slightly to 13.5% in March from 13.3% in February 2021, according to the Biz2Credit Small Business Lending Index. read more
APR 14, 2021 - 6:30 am
The National Association of Credit Management’s Credit Managers’ Index (CMI) gained two points in March. Following four months of fluctuations, the March CMI reached its second-highest combined score in a year. read more
APR 12, 2021 - 6:48 am