Economic Forecast

Fed’s Beige Book Sees Economic Headwinds and a Main Street Slowdown
Fed’s Beige Book Sees Economic Headwinds and a Main Street Slowdown
July 12, 2023  |  Economy

The Federal Reserve’s Beige Book offers a qualitative take on the state of the business realm, with an eight-times-a-year survey of banks and enterprises. The...

READ MORE >
Only 26% of Main Street Businesses Have Access to 60 Days of Cash
Only 26% of Main Street Businesses Have Access to 60 Days of Cash
April 07, 2023  |  SMBs

  Main Street USA is operating on the edge, and most are concerned about the impacts of inflation and the uncertain economic forecast. Most small...

READ MORE >
Goldman Sachs Drops GDP Estimate; Expects Lower Growth This Quarter
Goldman Sachs Drops GDP Estimate; Expects Lower Growth This Quarter
July 06, 2020  |  Economy

Goldman Sachs economists have revised their forecast for 2020’s economy downwards, but still think things could be back on track by around September, Bloomberg reports....

READ MORE >
IMF Forecasts Decrease In Growth For Slowed Global Economy In 2019
IMF Forecasts Decrease In Growth For Slowed Global Economy In 2019
April 09, 2019  |  Economy

The International Monetary Fund (IMF) has released a new forecast about worldwide economic growth that shows the global economy is faltering, according to a report...

READ MORE >
Small Biz Hiring Stalls
Small Biz Hiring Stalls
August 07, 2017  |  B2B Payments

The tides are turning for small businesses in the U.S. After a spout of optimism, the latest data find a downturn in SMB hiring growth....

READ MORE >
US Corporates Building Up Cash Reserves
US Corporates Building Up Cash Reserves
November 01, 2016  |  B2B Payments

U.S. companies are hoarding their cash more than they were a year ago, according to the latest analysis by the Association for Financial Professionals (AFP)....

READ MORE >
American Consumers Bought More Than Expected In Second Quarter
American Consumers Bought More Than Expected In Second Quarter
August 03, 2016  |  Consumer Insights

American consumers bought more goods and services in the second quarter of 2016, according to a report on Tuesday (Aug. 2) from Reuters. The numbers...

READ MORE >
Retail Sales Will Be Greater Than Anticipated In 2016, According To National Retail Federation
Retail Sales Will Be Greater Than Anticipated In 2016, According To National Retail Federation
July 27, 2016  |  Retail

Retailers might want to rejoice! Because consumer spending is expected to be higher than anticipated in 2016, with sales growing at a rate of 3.4...

READ MORE >