Economy

Wells Fargo: ‘Economic Recovery Has More Room to Run’

In its 2018 midyear outlook, the Wells Fargo Investment Institute makes the case the economic recovery, which coincides with the equity bull market, has more room to run. read more

May Marks 100th-Straight Month of Growth in Non-Manufacturing Sector

The Institute for Supply Management reported the 100th-straight month of growth in economic activity in the non-manufacturing sector. read more

PayNet Reports Continued Strength in Small Business Lending

The Thomson Reuters/PayNet Small Business Lending Index (SBLI) fell 3.5 points to 141.7 in April but remains in the top 5% of all readings and is up nearly 13% over the last 12 months. read more

Manufacturing Sector Expands in May, Underpinning Metrics Increase

The Institute for Supply Management reported continued expansion in economic activity for the manufacturing sector in May, with all but one of its metrics decreasing during the month. read more

IHS Markit Reports Improvement in Manufacturing Business Conditions

The latest survey data from IHS Markit signaled a marked improvement in business conditions across the U.S. manufacturing sector in May. read more

Manufacturing, Service Sectors Bounce Back in NACM’s May CMI

The National Association of Credit Management reported that May’s combined Credit Managers’ Index experienced a gain of nearly three points to a score of 56.6, the best reading since May 2017. read more

OCC Report Highlights Key Risks for Federal Banking System

In its Semiannual Risk Perspective for Spring 2018, the OCC notes that competition for quality loans is strong, as examiners note evidence of eased underwriting. read more

New Orders for Durable Goods Decrease 1.7% in April

The U.S. Census Bureau reported new orders for manufactured durable goods in April decreased $4.2 billion, or 1.7%, to $248.5 billion. read more

Small Business Sector Closes Q1/18 in Expansion Mode

In its latest quarterly credit outlook, PayNet noted that the small business sector closed Q1/18 with a healthy increase in investment and relatively moderate risk. read more

TD Bank Survey Says Most Small Businesses Expect Revenue Growth

More than half of small business owners are anticipating revenue growth and 22% plan to hire staff in 2018, according to a survey from TD Bank. read more

ISM Says Economic Growth to Continue Throughout 2018

In the Institute for Supply Management’s semiannual economic forecast, the nation’s purchasing and supply executives said they expect continued economic growth in the U.S. throughout 2018. read more

Non-Manufacturing Sector Reports Growth for 99th-Straight Month in April

According to the Institute for Supply Management, economic activity in the non-manufacturing sector grew in April for the 99th consecutive month. read more

ISM Reports 108th Consecutive Month of Economic Growth in Manufacturing

According to the Institute for Supply Management, economic activity in the manufacturing sector expanded in April, and the overall economy grew for the 108th consecutive month. read more

Durable Goods Orders Increase 2.6% in March

The U.S. Census Bureau reported a 2.6% increase in new orders for manufactured durable goods in March, as they jumped to $254.9 billion. read more

PayNet: U.S. Small Business Lending Expands for the Fifth Straight Month

According to PayNet, small business lending improved again in February, with the Thomson Reuters/PayNet Small Business Lending Index rising to 144.8. read more

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