The OECD lowered its global growth forecasts for 2015 and 2016 and said the global economy can be characterized as only achieving a “muddling-through B-minus grade.” The outlook for the U.S. was revised down to 2.0% in 2015 and 2.8% in 2016. read more

JUN 4, 2015 - 7:15 am

The U.S. Labor Department reported employer’s payrolls nationwide grew by 223,000 people in April, while the unemployment rate dropped to its lowest rate since May 2008. read more

MAY 11, 2015 - 7:21 am

Bloomberg reported that according to 73% of 59 economists surveyed the Fed’s long-awaited liftoff on its benchmark interest rate won’t happen until September. read more

MAY 1, 2015 - 7:29 am

Bloomberg notes in a report on a recent FOMC statement that the appetite for economic risk-taking of U.S. companies remains low, particularly when it comes to investing in new production capacity and equipment. read more

APR 30, 2015 - 7:25 am

Seven years after the “Great Recession,” two-thirds (64%) of small business owners report their businesses are still in the process of recovering, according to Bank of America’s spring 2015 Small Business Owner Report. read more

APR 30, 2015 - 7:18 am

The Wall Street Journal reported the recent slowdown in economic activity has created uncertainty inside the Fed about when to start raising interest rates, lessening the chances of a move as early as June. read more

APR 20, 2015 - 7:17 am

Middle market companies are leading job growth and making a contribution of nearly $6.2 trillion to the U.S. economy, according to the inaugural Middle Market Power Index from American Express and Dun & Bradstreet. read more

APR 15, 2015 - 7:30 am

According to the minutes of the Fed’s most recent policy meeting, the staff’s outlook for economic activity over the first half of 2015 was revised up since December. read more

APR 9, 2015 - 6:50 am

According to a report compiled by Transwestern, despite consumer savings reaped at the gas pump, retail sales fell 0.8% in January after declining 0.9% in December. read more

APR 9, 2015 - 6:40 am

Bloomberg reported that we can expect output to pick up for the world economy after a disappointing first quarter, “with the U.S. leading the way.” read more

APR 7, 2015 - 7:26 am

Bloomberg reported cracks in the U.S. labor market threatened the outlook for interest-rate increases. read more

APR 6, 2015 - 7:19 am

Small business owners nationwide are increasingly optimistic about their sales and profits amid recent benefits from lower energy prices and growing enthusiasm about the U.S. economy, according to the latest PNC Economic Outlook Survey findings. read more

APR 6, 2015 - 7:14 am

According to the latest National Association for Business Economics survey, forecasters are expecting gains in GDP in 2015 and 2016 to exceed the 2.4% gain in 2014. read more

MAR 31, 2015 - 7:22 am

For the past two years, small businesses and mid-sized companies have become increasingly happy about the status of their banking relationships, according to a new study from Greenwich Associates. read more

MAR 30, 2015 - 7:00 am

In the week ending March 21, the advance figure for seasonally adjusted initial claims was 282,000, a decrease of 9,000 from the previous week, and a five-week low. read more

MAR 27, 2015 - 7:04 am