A strong labor market and resilient consumer trends supported a slight improvement in economic conditions in the U.S. during the third quarter as inflation showed some signs of abating, according to the Citizens Business Conditions Index. read more
OCT 31, 2023 - 7:24 am
According to the Equipment Leasing & Finance Foundation’s Q4/23 Equipment Leasing & Finance Industry Snapshot, the foundation projects that the U.S. economy will grow by 2.3% annualized in 2023. read more
OCT 30, 2023 - 7:27 am
The latest release of ACT Research’s For-Hire Trucking Index showed continued improvement in freight volumes, pricing and driver availability. read more
OCT 26, 2023 - 7:13 am
According to the Equipment Leasing and Finance Association’s Monthly Leasing and Finance Index (MLFI-25), overall new business volume for companies participating in the index in September was $9.7 billion, down 5% from new business volume in September 2022. read more
OCT 25, 2023 - 7:14 am
The Federal Reserve released its October Beige Book, while little to no change in overall economic activity was reported month over month, banks reported weaker loan demand as prices continued to increase. read more
OCT 20, 2023 - 6:10 am
According to a new report from BMO Blue Book, while the U.S. economy is remaining resilient, amid aggressive monetary tightening, it is predicted to slow in early 2024. read more
OCT 18, 2023 - 6:10 am
Middle-market private companies in the Golub Capital Altman Index grew earnings by 13% during the first two months of Q3/23, marking the highest year-over-year earnings growth since Q3/21. Revenue grew 8% during the same period. read more
OCT 13, 2023 - 6:40 am
Small business loan approval percentages at big banks ($10 billion or more in assets) fell again, dropping from 13.2% in August to 13.1% in September, according to the latest Biz2Credit Small Business Lending Index. read more
OCT 11, 2023 - 6:34 am
Economic activity in the hospital subsector grew in September after contracting in August, which was the second time the sector had contracted in the previous five months, with 35 consecutive months of growth prior to that, according to the Institute for Supply Management. read more
OCT 10, 2023 - 6:46 am
Economic activity in the services sector expanded in September for the ninth consecutive month, according to the latest Services ISM Report on Business from the Institute for Supply Management. The sector has grown in 39 of the last 40 months, with the lone contraction in December 2022. read more
OCT 9, 2023 - 7:03 am
U.S. corporate finance leaders have firmly pivoted their focus from revenue growth to cost control as they navigate through an uncertain economic environment and rapidly changing business landscape, according to U.S. Bank’s 2023 CFO Insights Report. read more
OCT 2, 2023 - 7:03 am
The Equipment Leasing and Finance Association’s Monthly Leasing and Finance Index showed overall new business volume for August was $10.1 billion, up 14% year over year from new business volume in August 2022. read more
SEP 26, 2023 - 7:10 am
According to Umpqua Bank’s recently released annual business barometer, while concerns about the direction of the U.S. economy persist, business optimism is rising and expectations for revenue and profitability are increasing. read more
SEP 21, 2023 - 6:25 am
More than half of restaurant operators are planning to increase their equipment and supply budgets in 2023, and 67% plan to make kitchen equipment replacements, according to a new study released by the Equipment Leasing & Finance Foundation. read more
SEP 18, 2023 - 6:48 am
Nearly eight out of 10 small business owners feel a strong degree of confidence that their companies will grow over the next year even amid rocky market conditions, according to the ninth annual First Citizens Bank Small Business Forecast. read more
SEP 12, 2023 - 7:15 am