Economy

ELFA: November New Business Volume Down 12% Y/Y

The ELFA’s Monthly Leasing and Finance Index showed that overall new business volume for November was $6.1 billion, down 12% from new business volume in November of last year. read more

ELFF: December Equipment Finance Industry Confidence Steady

Confidence in the equipment finance industry remained at 60.2 in December, matching the reading from November, according to the Equipment Leasing & Finance Foundation’s December 2015 Monthly Confidence Index. read more

Federal Reserve to Raise Interest Rates From .25% to .5%

The Federal Reserve will raise its benchmark interest rate to .5% from .25%. This is the first time that the Fed has raised the rate since December 2008. read more

PayNet: Canadian Small Business Lending Index Rises

PayNet reported its Canadian Small Business Lending Index shows originations increasing in October compared to the same month one year ago. The Index has risen year-over-year for 11 consecutive months. read more

Wells Fargo Survey: 2015 Gains in Small Business Optimism Erased

According to the latest Wells Fargo/Gallup Small Business Index, after reaching a seven-year high in January, small business owners are feeling less optimistic today than they were a year ago. read more

Bloomberg: CFOs Plan to Slow Equipment Spending

Citing the Duke University/CFO Global Business Outlook survey, Bloomberg reported that confidence fell to 60.3 in December, down from 63.7 at the end of 2014, driving tempered equipment spending plans. read more

Balboa Survey Says Q3/15 Business Sentiment Strong

According to a recent survey from Balboa Capital, small business owners had an encouraging third quarter and are feeling more optimistic about the U.S. economy. read more

Labor Department: November 69th Consecutive Month of Job Growth

The Labor Department reported 211,000 jobs were added in November which was the 69th consecutive month of private sector job growth – the longest streak on record. read more

ABI: November Chapter 11 Filings Up 31% Year/Year

The American Bankruptcy Institute reported total commercial Chapter 11 filings increased 31% to 390 filings in November 2015 from the 298 Chapter 11 filings registered in November 2014. read more

PayNet SBLI Falls 5% as Small Business Investment Stalls

The October Thomson Reuters/PayNet Small Business Lending Index (SBLI), which is a leading economic indicator of GDP, decreased by 5% to 131.7 compared to September’s value, which was restated from 140.4 to 137.9. read more

Durable Goods New Orders Rise 3%, Shipments Fail to Keep Up

New orders for manufactured durable goods increased $6.8 billion or 3.0% to $239 billion in October, according to the U.S. Department of Commerce. Transportation equipment, which had been down in the previous two months, led the increase, jumping by $6.1 billion, or 8%, to $82.1 billion. read more

Bloomberg: BoA Calls for U.S./Chinese Economic Divorce

According to Bloomberg, Bank of America says a ‘great divorce’ between the economies of the U.S. and China will fuel global currency and rates markets in 2016. read more

TD Survey Says Technology Spending Drive 2016 Financial Plans

A new survey from TD Bank revealed that 61% of CFOs plan to increase capital spending in 2016, with 58% of those indicating that technology will be the primary area of focus. read more

Commodities Fall Flat in October

Commodities were relatively flat in October, according to Credit Suisse. In addition, the Bloomberg Commodity Index performance was slightly negative, with 12 out of 22 index constituents trading lower. read more

Money Anxiety Index Completes Recession to Recovery Cycle

The November Money Anxiety Index registered at 62.5, which is exactly where it stood on December 2007 when the Great Recession officially started. read more

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
[email protected]
Susie Angelucci
Advertising: 484.459.3016
[email protected]

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.
www.abfjournal.com