Economy

Survey: Banks Tighten C&I Loan Standards Amid Weakening Demand

According to the Fed’s 2016 Senior Loan Officer Opinion Survey, banks tightened their standards on C&I loans in the fourth quarter of 2015 amid weakening demand. read more

ISM: Non-Manufacturing Sector Expands for 72nd Consecutive Month

According to the latest report from the ISM, economic activity in the non-manufacturing sector grew for the 72nd consecutive month in January, despite another slight dip in the NMI. read more

ISM: Manufacturing Activity Contracts Again in January

According to the ISM, economic activity in the manufacturing sector contracted in January for the fourth consecutive month, but the overall economy grew for the 80th consecutive month. read more

Balboa Capital Survey Shows Small Business Growth, Optimism

According to a recent survey from Balboa Capital, 55% of small business owners had moderate to significant revenue increases last year, and 45% think the economy finished the year with moderate to higher growth. read more

Transportation Equipment Leads December Drop in New Orders

A U.S. Census Bureau report showed new orders for manufactured durable goods in December decreased 5.1% to $225.4 billion. Transportation equipment led the decrease, $10.1 billion or 12.4% to $71.3 billion. read more

Fed Notes Slower Growth, Leaves Interest Rates Unchanged

The Federal Reserve left interest rates unchanged at its latest meeting and noted the economy slowed down at the end of last year. Stocks traded lower with the DJIA down 220 points by market close. read more

Equipment Finance Industry Confidence Eases in January

According to the most the January 2016 Monthly Confidence Index from the ELFF, confidence in the equipment finance market dropped to 54.0, a large step back from the 60.2 recorded in December. read more

PayNet: November Small Business Borrowing Declines

According to the most recent data from the Thomson Reuters/PayNet Small Business Lending Index, U.S. small businesses borrowed less for the second straight month in November. read more

Beige Book: Economic Activity Expands Despite Manufacturing Weakness

According to the most recent Beige Book from the Fed, nine out of the 12 Federal Reserve districts indicated expansion of economic activity, although the agricultural and manufacturing sectors were weak. read more

ISM: Non-Manufacturing Sector Expands for 71st Consecutive Month

According to the latest report from ISM, economic activity in the non-manufacturing sector grew for the 71st consecutive month in December, despite a slight dip to 55.3% in the NMI. read more

ISM: December Manufacturing Activity Contracts

The ISM’s PMI fell to 48.2% in December as new orders, production, employment and economic activity in the manufacturing sector contracted for the second straight month. read more

NACM Credit Managers’ Index Shows Modest Improvement

The December report of NACM’s Credit Managers’ Index showed minor improvement, though the manufacturing sector showed some decline. read more

Bloomberg: $7.1 Trillion Debt Refinancing for Biggest Economies in 2016

Bloomberg reported that the value of bills, notes and bonds coming due for the Group-of-Seven nations along with Brazil, China, India and Russia will total $7.1 trillion in 2016, compared to $7 trillion in 2015. read more

Conference Board Consumer Confidence Index Improves in December

The Conference Board Consumer Confidence Index, which had decreased moderately in November, improved in December. The Index now stands at 96.5, up from 92.6 in November. read more

Transportation Equipment Leads New Orders, Shipments in November

The U.S. Census Bureau reported transportation equipment drove the increase in new orders, shipments and unfilled orders for manufactured durable goods in November. read more

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