The Post reports the likely cause is the still-hot trade war between the U.S. and China, as falling exports have in turn led to reduced inventories and production.
The Post adds that while the contraction is so far small, it is another sign of possible recession after an inverted yield curve developed earlier this month and the adjusted job numbers for 2018 saw a half million fewer jobs than initially reported.
This issue of Monitor celebrates the next generation of leaders in the equipment finance industry. These rising stars see the world in a fresh light, adapt to new technology quickly and challenge the status quo. But what attracts younger employees... read more
The digital transformation of leasing services—reflected primarily in a rising demand for usage-based leasing and automation—has gained a new urgency today. According to Mukul Mittal, vice president of industry solutions with Q2’s cloud lending group, current events have jump-started what... read more