Employment

November 19, 2019

Consumer Spending Slows, Economy Losing Momentum

U.S. consumers are doing fine, but they don’t look like the force they were earlier in the year.  Retail sales rose 0.3% in October from a […]
November 15, 2019

Two-Thirds of Adults Fear a Recession in 2020

Whether a recession is on the horizon or not is anyone’s guess.  However, according to the latest CNBC Invest in You survey, two-thirds of respondents think […]
November 14, 2019

Mortgage Lending Will Boom, Then Plunge in 2020

The boost from lower interest rates that’s driving origination volume will continue into the first six months of 2020.  But according to the Mortgage Bankers Association, […]
November 13, 2019

Banks Tighten Standards on Credit Cards

Banks are tightening their standards on credit card loans in the third quarter, out of concern with the more uncertain economic outlook, according to the latest […]
November 12, 2019

Overall Delinquency Rate Near 20 Year Low

According to the CoreLogic Loan Performance Insights Report, 3.7% of mortgages were in some stage of delinquency (30 days or more past due, including foreclosure) in […]
October 30, 2019

Small Business Lending Strong but Slowing

Volume in the Small Business Administration’s flagship lending program fell for the second straight year as more borrowers qualified for conventional loans. Lenders made $23.2 billion […]
October 25, 2019

September New Business Volume up 18%

The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25) showed their overall new business volume for September was $10 billion, up 18% year-over-year from new […]
October 25, 2019

Commercial delinquencies should remain low despite economic worry

Commercial and multifamily mortgage delinquency rates should stay at historically low levels in the near future even as economic uncertainty over trade affects U.S. businesses, according […]
October 22, 2019

Businesses Struggle to Secure Credit

Small and mid-sized businesses are having a harder time getting credit and that’s having an impact on their plans to hire.  Those are findings of a […]