Economy

ISM: March Manufacturing Activity Expands

Economic activity in the manufacturing sector expanded in March for the 32nd consecutive month, and the overall economy grew for the 34th consecutive month, according to the latest Manufacturing ISM Report On Business. read more

U.S. CEO Expectations Increase 'Notably' in Q1

The results of the Business Roundtable's first quarter CEO Economic Outlook Survey for 2012 show an upturn in expectations. The outlook index for the next six months for sales, capital spending and employment increased notably to 96.9, up from 77.9 in the Q4. read more

Durable Goods Orders Climb in February

New orders for manufactured durable goods in February increased $4.5 billion or 2.2% to $211.8 billion, the U.S. Census Bureau announced in its advance report. This increase, up four of the last five months, followed a 3.6% January decrease. read more

Europeans See Crisis Near End, Bernanke Warns on Recovery

Bloomberg reported that European leaders signaled rising confidence that their region's crisis is near an end, while Fed Chairman Ben S. Bernanke warned that a U.S. recovery isn't assured. read more

Fed Sees Moderate Economic Growth; Holds Rates Steady

The FOMC reported that since it met in January the economy has been expanding moderately and that global financial strains have eased but continue to pose significant downside risks to the economic outlook. The Fed said it likely will keep the target range for the federal funds rate at 0 to 0.25% through 2014. read more

CFO: Europe's Slowdown Won't Halt U.S. Growth

CFO reported that thanks to a vastly lower risk of near-term financial chaos in Europe and an uptick in hiring in the United States, many CFOs and economists are getting more cheery about business prospects for 2012. read more

February Job Growth Continues; Unemployment Rate Unchanged

The U.S. unemployment rate remained unchanged at 8.3% in February despite the addition of 227,000 jobs, led by those in the professional and business services sector and the healthcare industry, according to the U.S. Bureau of Labor Statistics. read more

CFOs: Capital Spending to Increase; Employment to Accelerate

The Duke University/CFO Magazine Global Business quarterly outlook noted that optimism among CFOs jumped this quarter with U.S. finance chiefs saying they plan to increase capital spending by more than 7% and accelerate hiring. read more

ISM: U.S. Services Sector Growth Continues in February

Economic activity in the non-manufacturing sector grew in February for the 26th consecutive month, according to the Institute for Supply Management's latest Report on Business Non-Manufacturing Index. read more

Beige Book: Economy Increases Moderately; Loan Demand Mixed

Overall economic activity continued to increase at a modest to moderate pace in January and early February, according to the Federal Reserve’s Beige Book report. Business loan demand was mixed. read more

Durable Goods Orders Down 4% in January

New orders for manufactured durable goods in January decreased $8.6 billion or 4.0% to $206.1 billion, the U.S. Census Bureau announced in its advance report. This decrease, down following three consecutive monthly increases, followed a 3.2% December increase. read more

Owners Optimistic About Company, Pessimistic About Economy

While most small business owners believe that the country, and the national and state economies, are headed in the wrong direction, the vast majority have confidence in the direction of their own companies, according to Union Bank's National Small Business Economic Survey. read more

YPO: U.S. CEO Confidence Jumps in Latest Pulse Survey

After lagging in every quarter since the YPO Global Index began, the latest CEO survey shows expectations about sales, headcounts and capital spending all climbed higher in the fourth quarter. read more

Equifax Reports Decrease in Commercial Bankruptcy Petitions

Bankruptcy petition rates have nearly returned to pre-recession index levels, with commercial petitions for bankruptcy decreasing 44% since their peak in Q2/09 through Q4/11, according to Equifax Commercial Information Solutions analysis. read more

U.S. Manufacturing Probably Grew in January at Faster Pace

Bloomberg reported that manufacturing probably grew at a faster pace in January, a sign the industry will lead the U.S. expansion this year. Bloomberg noted that factory production is poised to keep expanding as the need to update equipment drives orders. read more

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