Economy

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

Small Business Hasn’t Turned the Corner Despite Strong Financial Health

The August 2017 Thomson Reuters/PayNet Small Business Lending Index increased 8% to 134.2 in August 2017 from 123.8 in July 2017. Compared to August 2016, the SBLI increased 1%. read more

ISM’s Non-Manufacturing Metric Reaches Highest Mark Since 2005

According to the Institute for Supply Management, economic activity in the non-manufacturing sector grew in September for the 93rd consecutive month. read more

Manufacturing Sector Expands in September, PMI Reaches 60.8%

New data from the Institute for Supply Management showed economic activity in the manufacturing sector expanded in September, and the overall economy grew for the 100th consecutive month. read more

Middle Market Businesses Less Optimistic For First Time Since Election

The RSM U.S. Middle Market Business Index, presented in partnership with the U.S. Chamber of Commerce announced the index declined in Q3/17, following a record-high reading in Q2/17. read more

New Orders for Durable Goods Down 6.8% in July

According to the U.S. Census Bureau, new orders for manufactured durable goods in July decreased $16.7 billion, or 6.8%, to $229.2 billion. read more

Despite Drop in Activity, Non-Manufacturing Sector Grows in July 

According to the Institute for Supply Management, economic activity in the non-manufacturing sector grew in July for the 91st consecutive month. read more

Restaurants, Hotels Power Near Two-Year High in Small Business Borrowing

Reuters reported, citing data from PayNet, that small business borrowing in June reached close to a two-year high. read more

ISM Says Prices Accelerating, Supplier Deliveries Slowing

According to the latest data from the Institute for Supply Management, economic activity in the manufacturing sector expanded in July, and the overall economy grew for the 98th consecutive month. read more

Balboa Capital Survey Finds Economic Optimism from Small Businesses

According to a Balboa Capital survey, 73% of small businesses are confident that the U.S. economy will continue to experience moderate to high growth in Q3/17. read more

New Orders for Durable Goods Increase 6.5% in June

According to the U.S. Census Bureau, new orders for manufactured durable goods in June increased $14.9 billion or 6.5% to $245.6 billion. This increase followed a 0.1% May decrease. read more

Fed Leaves Interest Rates Unchanged

The Fed left interest rates unchanged at its most recent meeting, noting in view of realized and expected labor market conditions and inflation, it decided to maintain the target range for the federal funds rate. read more

U.S. Adds 222,000 Jobs in June, Unemployment Rate Remains at 4.4%

Total nonfarm payroll employment increased by 222,000 in June, and the unemployment rate was little changed at 4.4% the U.S. Bureau of Labor Statistics reported. Employment increased in health care, social assistance, financial activities and mining. read more

ISM: Non-Manufacturing Sector Experiences Growth for 90th Straight Month

According to the latest report from the Institute for Supply Management, economic activity in the non-manufacturing sector grew in June for the 90th consecutive month. read more

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