Economy

U.S. Bank Survey: Times Are Good for Small Business Owners

According to a U.S. Bank annual survey, small business owners expressed more optimism than in any time during the eight-year history of the report. read more

Beige Book: Economic Activity Increases in All 12 Districts

According to the Federal Reserve’s most recent Beige Book release, economic activity increased in each of the 12 Federal Reserve districts between mid-February and the end of March. read more

Durable Goods Orders Rise for Third Consecutive Month

The U.S. Census Bureau announced new orders for manufactured durable goods in March increased $1.6 billion, or 0.7%, to $238.7 billion, the third increase in three consecutive months. read more

Non-Manufacturing Sector Grows for 87th Consecutive Month

Economic activity in the non-manufacturing sector grew in March for the 87th consecutive month, according to data from the Institute for Supply Management. read more

SBOs Optimistic About U.S. Economy, Concerned About Driving Profits

According to a study by Balboa Capital, small business owners are concerned about their ability to drive profits and secure growth capital, but are otherwise feeling optimistic about the future. read more

Policy Uncertainty Keeps Small Business Borrowing Down Y/Y

According to Reuters, citing data from PayNet, small businesses borrowed more in February than the previous month, but less when compared on a year-over-year basis. read more

ISM: Overall Economy Grows for 94th Consecutive Month

According to the most recent report from the Institute for Supply Management, economic activity in the manufacturing sector expanded in March, and the overall economy grew for the 94th consecutive month. read more

Durable Goods Orders Rise 1.7% in February

The U.S. Census Bureau reported that new orders for manufactured durable goods in February increased $3.9 billion, or 1.7%, to $235.4 billion. read more

ELFA: February New Business Volume Down 3% Y/Y

The ELFA released its Monthly Leasing and Finance Index for February, which showed a 3% drop in new business volume year over year, a 5% drop in volume month-to-month and that the ELFF’s index remained high at 71.1. read more

Canadian Small Business Lending Slides Back in January

According to Reuters, citing data from PayNet, small business lending in Canada lowered in January. read more

Non-Manufacturing Business Activity Hits Highest Mark Since 2011

According to the Institute for Supply Management’s latest report, economic activity in the non-manufacturing sector grew in February for the 86th consecutive month. read more

Reuters: Morgan Stanley Expects U.S. Rate Hike in March

Reuters reported that economists from Morgan Stanley are predicting a U.S. interest rate hike of a quarter point in the next two weeks. read more

ISM Says 17 of 18 Manufacturing Industries Reported Growth in February

According to the most recent data release from the ISM, economic activity in the manufacturing sector expanded in February, and the overall economy grew for the 93rd consecutive month. read more

Small Business Lending Increases 4% Y/Y in January

The January 2017 Thomson Reuters/PayNet Small Business Lending Index rose 4% year-over-year, but fell 8% month-over-month. read more

Durable Goods Orders Rose 1.8% in January

According to the U.S. Census Bureau’s report on manufacturers’ shipments, inventories and orders, new orders for manufactured durable goods rose 1.8% in January. read more

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