Economy

Small Businesses, Equipment Dealers Optimistic About Economy

Balboa Capital said small business owners and equipment dealers are more optimistic about the nation’s economy, with many of them seeing increased revenues in 2013, according to results from Balboa's recent online survey. read more

OnDeck: 73% of Small Businesses Optimistic About Economy

OnDeck said its 2013 Main Street Pulse Report revealed that 73% of small business owners surveyed believe the economy is getting better and want to grow their business. read more

ISM: Manufacturing Expands For Second Straight Month

Economic activity in the manufacturing sector expanded in July for the second consecutive month, according to the latest Manufacturing ISM Report On Business. read more

U.S. Adds 162,000 Jobs in July; Unemployment Edges Down

The Labor Department said U.S. employment increased by 162,000 in July, and the unemployment rate edged down to 7.4%. read more

PayNet: Small Business Lending Index Shows Modest Growth

PayNet’s latest analysis of small business investment points to modest growth in the coming months. read more

Economy Expanding at 'Modest Pace', Bond Buying Continues

In a news release, Fed officials said economic activity expanded as a modest pace and business fixed investment advanced. The Fed also said it will keep the central bank’s $85 billion-per-month bond-buying program in place. read more

Jump in Durable Goods Orders Buoyed by Aircraft Sales

The National Association of Manufacturers said the Census Bureau’s most recent report on new durable goods orders rose 4.2% in June, lifting it to an all-time high. NAM noted the jump in new orders was mainly attributable to increased aircraft sales. read more

GDP Expected to be Higher on Planned Adjustments

For the soon to be released data on how the U.S. economy is measured, Jack Kleinhenz, chief economist of the NRF, notes major adjustments are planned that will increase the amount of final goods and services shown as produced in the economy. read more

Confidence Among Mid-Market Companies Fuels Investment

Successive quarters of strong performance by the nation's middle-market companies is fueling increased confidence in the national and global economies, according to the latest survey from the National Center for the Middle Market, a partnership between GE Capital and The Ohio State University. read more

Durable Goods Orders Rise on Transportation Equipment

The U.S. Census Bureau said new orders for manufactured durable goods in June increased $9.9 billion or 4.2%. Transportation equipment, up four of the last five months, led the increase. read more

U.S. CFOs More Optimistic About Economy

U.S. financial officers gave the economy its highest score in five years and were significantly more confident about economic growth in 2013 in the latest Bank of America Merrill Lynch CFO Outlook survey. read more

Bernanke Seen Tapering QE to $65 Billion

Bloomberg reported that Fed Chairman Ben S. Bernanke in September will trim the Fed’s monthly bond buying to $65 billion from the current pace of $85 billion. read more

Beige Book: Loan Demand, Credit Quality Improve Modestly

According to the Federal Reserve’s recently released Beige Book, overall loan demand increased modestly across most of the twelve reporting districts, while credit quality showed slight to moderate improvements. read more

Business Leaders' Optimism Highest Since 2005

Optimism for the nation’s economic outlook among U.S. business leaders rose to the highest level recorded since 2005, according to the latest Grant Thornton International Business Report. read more

U.S. Factory Orders Up 2.1% in May

The Commerce Department said orders to U.S. factories rose in May, helped by a third straight month of stronger business investment. The gains suggest manufacturing may be picking up after a weak start to the year. read more

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