Economy

Fannie Mae Outlook Projects ‘Cheerful’ End to 2017 for Economy

According to the Fannie Mae Economic & Strategic Research Group’s December 2017 outlook, business equipment investment, in particular, grew at its fastest pace in three years during the third quarter. read more

Fed Opts to Raise Federal Funds Rate

The Federal Open Market Committee raised the target range for the federal funds rate from 1.25% to 1.5%. read more

ISM: Economic Growth to Continue in 2018

The ISM’s December 2017 Semiannual Economic Forecast Economic predicts that growth in the U.S. will continue in 2018. read more

Jobless Rate Holds at 4.1%; Payrolls Rise in November

Bloomberg reported an increase of 228,000 in payrolls in November, a reading which surpassed the predicted 195,000. In addition, the jobless rate was at its lowest level since 2000, sitting at 4.1%. read more

Non-Manufacturing Sector Activity Expands at Slower Rate in November

According to the latest report from the Institute for Supply Management, economic activity in the non-manufacturing sector grew in November for the 95th consecutive month, just at a slower rate than October. read more

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

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