October 1, 2020
October 1, 2020
In August, there were 23.7% fewer businesses open relative to January. This represents an increase in small business closures of 1.2%age points since July. A spike […]
October 1, 2020
October 1, 2020
Commercial real estate (CRE) loans in bank portfolios are showing stress related to the economic downturn and signs that some borrowers are already expecting to default […]
October 1, 2020
October 1, 2020
The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25) showed their overall new business volume for August was $7.0 billion, down 24% […]
September 10, 2020
September 10, 2020
The Conference Board Consumer Confidence Index fell to its lowest level since 2014 in August. This is likely due to a combination of increased COVID-19 cases […]
September 10, 2020
September 10, 2020
After setting records in 23 consecutive quarters, total household debt fell in the second quarter for the first time since 2014 as shutdowns associated with the […]
September 10, 2020
More than $54.3 billion in U.S. commercial mortgage backed securities have been transferred to loan workout specialists mostly because of payment delinquencies, a 320% increase since […]
June 8, 2020
June 8, 2020
Consumer confidence has collapsed amid the coronavirus pandemic and isn’t getting a lift from states re-opening their economies, according to a new report. A Morning Consult […]
June 8, 2020
June 8, 2020
Following April’s record one-month decline, consumer confidence inched upward in May by an insignificant amount, according to the University of Michigan Surveys of Consumers. The Sentiment […]
June 8, 2020
June 8, 2020
Today, the National Bureau of Economic Research said the U.S. economy peaked in February, ending the longest expansion in U.S. history at 128 months, or about […]
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