Economy

NACM: March CMI Decline Not a Source of Alarm

The National Association of Credit Management reported that the CMI’s combined score for the manufacturing and services sectors dropped to 55.6 in March. read more

Reuters: Q4/17 GDP Rose 2.9%, Q1/18 Expected to be Lower

Reuters reported a 2.9% expansion in U.S. gross domestic product in Q4/17, which was above the original 2.5% mark that was estimated. read more

Small Business Owners Showing Unprecedented Confidence in Economy

According to the NFIB Small Business Economic Trends Survey, small business owners are showing unprecedented confidence in the economy as the optimism index continues at record high numbers. read more

PayNet: Small Business Expands ‘Robustly’ in January

The Thomson Reuters/PayNet Small Business Lending Index (SBLI) increased to 143.6 in January, nearing the all-time high reached in July 2015. read more

Decline in Employment Causes Slight Slip in Non-Manufacturing Index

Economic activity in the non-manufacturing sector grew in February for the 97th consecutive month, according to the Institute for Supply Management’s non-manufacturing report on business. read more

ISM: New Orders, Production, Employment Growing

According to the latest ISM report, economic activity in the manufacturing sector expanded in February, and the overall economy grew for the 106th consecutive month. read more

NACM’s February’s CMI Hits Second-Highest Mark in Last 12 Months

The February Credit Managers’ Index from NACM reached 56.6, making it the second-highest reading since February 2017. read more

New Orders for Manufactured Durable Goods Rise 3.7% in January

The U.S. Census Bureau reported new orders for manufactured durable goods in January decreased $9.2 billion, or 3.7%, to $239.7 billion. read more

Small Business Owners Say ‘Now is Good Time to Expand’

The Small Business Optimism Index jumped two points to 106.9 in January and set a record with the number of small business owners saying “Now is a Good Time to Expand.” read more

PayNet: Small Business Investment Remains Strong Despite Warning Signs

Small business investment continued to register gains at the end of 2017 as delinquencies and defaults remained at low levels according to the latest small business credit trends from PayNet. read more

Non-Manufacturing Sector Experiences Major Boost in January

Economic activity in the non-manufacturing sector grew in January for the 96th consecutive month, according to the Institute for Supply Management. read more

Manufacturing Activity Continues to Expand, Raw Material Prices Up 4.4%

According to the ISM, economic activity in the manufacturing sector expanded in January, and the overall economy grew for the 105th consecutive month. read more

Wells Fargo Survey: Small Business Optimism Hits 11-year High

According to findings from the latest Wells Fargo/Gallup Small Business Index, small business owners entered the new year feeling the most optimistic since early 2007. read more

Durable Goods Orders Rise 2.9% in December

According to the U.S. Census Bureau, new orders for manufactured durable goods in December increased $7.0 billion, or 2.9%, to $249.4 billion. read more

Economic Optimism Fuels 2018 Middle Market Deal-Making Environment

Interest among middle market companies in both buying and selling has increased significantly in the past year, according to the seventh annual Citizens Commercial Banking Middle Market M&A Outlook. read more

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Terry Mulreany
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