A key index that measures small business lending rose 16% in September, its second consecutive month of double-digit increases. That rise in the Thomson Reuters/PayNet Small Business Lending Index is a strong signal that the U…
It’s clear the U.S. economy is suffering from a lack of demand. So, this poor report will likely bolster Fed officials who want to keep interest rates low and employ more quantitative easing.
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Consumer outlays increased at the best pace in about four years — providing some hope that the expansion can continue. The rise from the second-quarter rate of 1.7% was in line with economists’ expectations. Soaring imports w…
The Fed’s latest Beige Book report confirms what earlier economic data has indicated. Eight of the 12 regional Fed banks, including San Francisco and Chicago, reported some form of growth in the September/October period. But no…
It’s the first decline since June 2009. Still, despite the dip, the nation’s industrial sector remains in an uptrend, and a weaker dollar may further boost international sales of key U.S. companies in the months ahead.
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