Economic activity in the services sector grew in November for the 18th month in a row, with the Services PMI setting a record for the fifth time in 2021, according to the Institute for Supply Management’s Services Report on Business for November. read more

DEC 9, 2021 - 6:21 am

According to the Equipment Leasing and Finance Association, overall new business volume in the equipment finance industry for October was $10.7 billion, up 16% year over year from new business volume in October 2020. read more

NOV 23, 2021 - 6:08 am

According to a new study from Biz2Credit, businesses in the financial services and insurance industries have recovered the fastest from the effects of the COVID-19 pandemic compared with other industries. read more

NOV 19, 2021 - 6:42 am

According to the Equipment Leasing & Finance Foundation’s November 2021 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI), overall confidence in the equipment finance market is 64.6, an increase from the October index of 61.1.   read more

NOV 18, 2021 - 6:41 am

According to new research from Capital One and Morning Consult, 86% of middle market businesses have plans to grow their business by March 2022, with cybersecurity and employee experience among their top investment priorities. read more

NOV 10, 2021 - 6:28 am

Citizens reported that the Citizens Business Conditions Index fell slightly to a mark of 57.1 in Q3/21 from Q2/21’s reading of 57.4. Despite the decrease, Citizens said the third quarter’s reading reflects continued strength in the recovery since COVID-19 stunned the economy and markets in 2020. read more

OCT 29, 2021 - 7:00 am

According to the Equipment Leasing & Finance Foundation’s October 2021 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI), overall confidence in the equipment finance market is 61.1, an increase from the September index of 60.5.   read more

OCT 21, 2021 - 6:48 am

Owing largely to the burst of business activity in the spring and early summer that came in part thanks to rising vaccination rates, equipment and software investment is expected to grow 13.2% this year, according to the Q4 update to the Equipment Leasing & Finance Foundation’s 2021 Equipment Leasing & Finance U.S. Economic Outlook. read more

OCT 13, 2021 - 6:31 am

Small business loan approval percentages at big banks (or those with $10 billion or more in assets) increased to 14% in September. Meanwhile, approval rates at small banks rose to 19.5% in September from 19.3% the month before, according to Biz2Credit.   read more

OCT 13, 2021 - 6:21 am

Economic activity in the hospital subsector grew in September for the 16th consecutive month, according to the Institute for Supply Management. However, an increase in COVID-19 cases, labor shortages and supply chain disruptions are taking a toll on the sector. read more

OCT 8, 2021 - 5:32 am

Economic activity in the services sector grew in September for the 16th month in a row, according to the Institute for Supply Management, although Anthony Nieves of the ISM noted that, “ongoing challenges with labor resources, logistics and materials are affecting the continuity of supply.” read more

OCT 7, 2021 - 6:08 am

According to a survey from Balboa Capital, six in 10 small business owners said their business is performing better in 2021 than it did in 2020 and 43% said they experienced increased revenues during the first three quarters of 2021. read more

OCT 6, 2021 - 5:43 am

According to a survey from Regions Bank, roughly nine in 10 businesses (89%) are planning to increase investments in a key business area in the next 12 months. By contrast, in a survey in 2020, only 46% of small business owners said they were planning such investments. read more

OCT 6, 2021 - 5:40 am

Economic activity in the U.S. manufacturing sector grew in September, with the overall U.S. economy notching a 16th consecutive month of growth, according to the latest Manufacturing ISM Report on Business from the Institute for Supply Management. read more

OCT 4, 2021 - 9:49 am

Business owners are feeling optimistic about the near-term future of their businesses amid increasing vaccination rates, and those who report that more than 75% of their workforce has been vaccinated are the most positive about their outlook, according to a survey from PNC. read more

SEP 28, 2021 - 6:52 am