According to JPMorgan Chase’s 2023 Midyear Business Leaders Outlook survey, 45% of business leaders anticipate a recession before year-end or believe the economy is already in one, down from 65% six months ago. read more
JUL 17, 2023 - 6:58 am
According to the Golub Capital Altman Index, middle-market private companies in the index experienced year-over-year earnings growth of 5% and revenue growth of 4% during the first two months of Q2/23. read more
JUL 14, 2023 - 7:11 am
MMP Capital, a commercial financing company specializing in equipment financing, leasing and unsecured capital, experienced an increase in originations in Q2/23, with total originations reaching nearly $100 million, marking a 26% year-over-year increase from the same period in 2022. read more
JUL 7, 2023 - 7:06 am
According to the latest Services ISM Report on Business from the Institute for Supply Management, economic activity in the services sector expanded in June for the sixth consecutive month as the Services PMI registered 53.9%. read more
JUL 7, 2023 - 6:59 am
Economic activity in the manufacturing sector contracted in June for the eighth consecutive month following a 28-month period of growth, according to the latest Manufacturing ISM Report on Business from the Institute for Supply Management. read more
JUL 5, 2023 - 7:00 am
According to Russell Investments’ strategists, a recession for the slowing U.S. economy is expected, though they anticipate a delay until 2024 as investor enthusiasm for artificial intelligence and resilient economic growth continue to support stocks. read more
JUN 30, 2023 - 7:27 am
The Federal Reserve Board released the results of its annual bank stress test, that demonstrates that large banks are well positioned to weather a severe recession and continue to lend to households and businesses even during a severe recession. read more
JUN 29, 2023 - 7:17 am
Mitsubishi HC Capital America has experienced significant growth in rental financing for dealer-owner and dedicated rental fleets, with year-over-year increases of 150% to 550% among some of its clients. read more
JUN 28, 2023 - 6:51 am
According to the Asset-Based Lending Index by the Secured Finance Network, combined (bank and non-bank) business lenders’ confidence stayed slightly positive during Q1/23 at 50.3 points, although that was a 5.8-point decline from Q4/22. read more
JUN 27, 2023 - 7:16 am
According to the Equipment Leasing and Finance Association, overall new business volume in the equipment finance industry in May was $9.5 billion, up 1% year over year from new business volume in May 2022. read more
JUN 26, 2023 - 7:05 am
According to the Equipment Leasing & Finance Foundation‘s June 2023 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI), overall, confidence in the equipment finance market is 44.1, an increase from the May index of 40.6. read more
JUN 22, 2023 - 7:01 am
According to the results of TD Bank’s 2023 Small Business Survey, inflation was identified as one of the top business concerns impacting small businesses, with others including employee retention and management, product shortages and keeping up with competition. read more
JUN 21, 2023 - 6:56 am
The Federal Reserve announced on Wednesday that it will maintain the target range for the federal funds rate at 5% to 5.25%, noting that economic activity and job gains have expanded since it last raised rates in early May. read more
JUN 15, 2023 - 6:04 am
The RSM US Middle Market Business Index (MMBI), presented by RSM US in partnership with the U.S. Chamber of Commerce, eased to 131.3 in the second quarter, down modestly from 134 in the first quarter on a seasonally adjusted basis. read more
JUN 8, 2023 - 7:02 am
Small business loan approval rates at big banks slipped again in April, falling from 13.8% in March to 13.5% in April, according to Biz2Credit’s Small Business Lending Index. read more
MAY 9, 2023 - 7:07 am