Economy

S&P: $175B Decline in U.S. Corporate CAPEX Since Recession

Deferred capital spending totaled $175 billion from 2009 through 2011 for rated corporate issuers in the U.S., according to a report by Standard & Poor's. read more

AFP: Executives Foresee Modest Growth in H2/13

Finance professionals remain cautious in their economic outlook, believing the U.S. economy will grow at the modest pace of 1.7% in the coming year, according to a survey by the Association for Financial Professionals. read more

U.S. Adds 146,000 Jobs; Unemployment Falls to 7.7%

The Labor Department said U.S. employment rose by 146,000 in November, and the unemployment rate edged down to 7.7%. Employment increased in retail trade, professional and business services and healthcare. read more

Survey: Small Business Confidence Holding Steady

According to Capital One’s Q3/12 Small Business Barometer, small business owners across the country believe economic conditions have held steady throughout 2012. read more

ISM: Services Sector Grows at Slightly Faster Rate

The Institute for Supply Management said its Non-Manufacturing Index registered 54.7% in November, 0.5 percentage point higher than October's reading, indicating continued growth at a slightly faster rate. read more

Most Accurate Forecaster Sees Lethargic U.S. Expansion

Bloomberg reports that Joshua Shapiro, who scored the top spot among forecasters in its annual Bloomberg Markets ranking of global forecasters, is saying slow growth and relatively high joblessness will persist through 2013. read more

ISM: Purchasing Index Lowest Since July '09

Economic activity in the manufacturing sector contracted in November following two months of modest expansion. November's Purchasing Mangers Index reading reflects the lowest level since July 2009. read more

Survey: U.S. CFOs Express Decline in Economic Optimism

CFOs, especially in the U.S., remain uncertain about the future of the economy, according to the latest CFO Outlook Survey from Financial Executives International and Baruch College's Zicklin School of Business. read more

Bloomberg: World Economy in Best Shape Since 2011

Bloomberg reported that according to an investor poll, the world economy is in its best shape in 18 months as China’s prospects improve and the U.S. looks likely to avoid the fiscal cliff. read more

Beige Book: Economy Expands at Measured Pace

According to the Fed's recently released Beige Book, reports from the twelve districts indicated that economic activity expanded at a measured pace in recent weeks. read more

Private Companies Increase Forecasts Amid Tempered Optimism

In Q3, PwC's Private Company Trendsetter Barometer survey found that private companies increased their projected revenue growth rate for the next 12 months. Optimism about the U.S. economy, however, remained "tempered." read more

WSJ: U.S. Companies Cut Spending Plans

The Wall Street Journal reported that U.S. companies are scaling back investment plans at the fastest pace since the recession, signaling more trouble for the economic recovery. read more

Bloomberg: Q3 GDP Probably Increased to 2.9%

Bloomberg reported, according to economists at Goldman Sachs and Barclays, that gross domestic product probably increased at about a 2.9% annual rate during the period July-September. read more

Treasuries See U.S. Falling Over Cliff as Yields Converge

Bloomberg reported the biggest Treasury rally in five months is underlining market concern that a divided Congress will fail to avert $607 billion in mandated spending cuts and tax increases starting January 1. read more

WSJ: Pressure Rises on Fiscal Crisis

The Wall Street Journal reported that the CBO detailed new warnings that if Washington policy makers don’t act before the end of the year, the economy would contract in 2013 and the unemployment rate would surpass 9%. read more

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
terry.mulreany@monitordaily.com
Susie Angelucci
Advertising: 484.459.3016
susie.angelucci@monitordaily.com

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