The U.S. economy likely averted a recession in 2023 and appears to be on track for a “soft landing” in 2024, according to the 2024 Equipment Leasing & Finance U.S. Economic Outlook. Real equipment and software investment growth is projected to be 2.2...
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December 20, 2023, 07:25 AM
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With concerns about inflation and a potential recession ticking down, business executives have grown guardedly less pessimistic about the U.S. economy's prospects, according to the third-quarter AICPA & CIMA Economic Outlook Survey. The survey polls...
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September 01, 2023, 07:22 AM
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Despite continued macroeconomic challenges, just under half of U.S. midsize business leaders expect a recession in the second half of 2023, finds JPMorgan Chase’s 2023 Midyear Business Leaders Outlook survey released today. Forty-five percent of...
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July 17, 2023, 07:18 AM
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The majority of U.S. small business owners (72 percent) are concerned about the impact of a potential recession, however, 76 percent are confident their business could withstand the downturn, according to the Bank of America 2023 Small Business Owner...
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April 28, 2023, 07:22 AM
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ACT Research continues to expect a mild recession to materialize, if not as soon as previously envisioned. Broad-based momentum coming out of Q1 increasingly suggests a recession is more likely to materialize in the second half of 2023. Helping to...
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April 12, 2023, 07:00 AM
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U.S. business executives still have grave concerns about the economy but have grown more optimistic about revenue and profit expectations and other key indicators for the coming year, according to the first-quarter AICPA & CIMA Economic Outlook...
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March 10, 2023, 07:17 AM
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In spite of what seems to be a stumbling freight picture, higher financing costs and increasingly restrictive credit availability, ACT Research continues to see healthy sales and build trends for Class 8 into 2023. Pent-up vehicle demand and still...
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February 14, 2023, 07:09 AM
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Provident Bank released the results of its 2023 Economic Outlook Survey. The survey polled 1,000 small-to-medium-sized business owners and executives and explores predictions for 2023’s economic outlook in addition to measuring respondents' thoughts...
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January 13, 2023, 07:03 AM
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In what is likely to be a more challenging year for both the economy and the equipment finance industry, the 2023 forecast for equipment and software investment growth is 4.2 percent, according to the 2023 Equipment Leasing & Finance U.S. Economic...
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December 15, 2022, 07:25 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new...
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November 22, 2022, 07:22 AM
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Worldwide IT and business services revenue is expected to grow (in constant currency) 5.7 percent this year and 5.2 percent in 2023, according to the International Data Corporation (IDC) Worldwide Semiannual Services Tracker. In nominal dollar...
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October 25, 2022, 07:13 AM
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A new International Data Corporation (IDC) survey of senior business executives from around the world found that 59 percent believe there will be a recession in the coming year. Moreover, nearly 30 percent of those who believe a recession will occur...
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September 26, 2022, 07:18 AM
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Small and mid-size business owners and executives have an optimistic outlook about the near-term future of their businesses as they ride out inflationary pressures, supply chain disruptions and political and geopolitical uncertainties related to the...
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September 09, 2022, 07:17 AM
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According to ACT Research’s (ACT) latest State of the Industry: NA Classes 5-8 Report, surging inflation, the Fed hiking interest rates into a potential recession, and supply-chain disruptions remain overarching themes.According to Kenny Vieth, ACT...
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August 22, 2022, 07:00 AM
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With increasing economic uncertainty, 83 percent of executives are focusing their business strategy on growth, according to the latest PwC Pulse: Managing business risks in 2022. That uncertainty has become the standard with business leaders feeling...
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August 19, 2022, 07:25 AM
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According to ACT Research’s latest release of the North American Commercial Vehicle OUTLOOK, ACT shifted forecasts last month to incorporate an inbound recession, and this month’s forecast changes were mostly characterized by smaller adjustments...
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August 12, 2022, 06:59 AM
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Inflation worries, a tight labor market and global fallout from the Russo-Ukraine war have dropped business executives’ view of U.S. economic prospects to its lowest level since 2011, according to the second-quarter AICPA Economic Outlook Survey. The...
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June 03, 2022, 07:18 AM
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Although the outlook for the U.S. economy is among the most uncertain on record, equipment finance industry leaders expect moderate portfolio growth in 2021, but performance will be highly sector-dependent, according to a new study, Equipment Finance...
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October 28, 2020, 07:24 AM
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ACT Research released the July installment of the ACT Freight Forecast, U.S. Rate and Volume OUTLOOK, covering the truckload, intermodal, LTL and last mile sectors.ACT Research maintained its view that truckload and intermodal contract rates will...
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July 15, 2019, 07:05 AM
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According to the IBSWorld Commercial Banking in the U.S.: Market Research Report, in the five years to 2012, commercial banking industry revenue is expected to grow 2.0% annually on average. According to the FDIC, commercial banks are starting to...
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May 29, 2012, 07:00 AM
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