The Fed’s concern about U.S. banks dominated last month’s FOMC meeting. According to today’s release of the March 21-22 meeting minutes, the Fed was apparently so concerned over banking problems and the potential for an ensuing credit crunch that officials tempered calls for rate hikes,...
US small businesses can’t break out of the malaise they have felt since the great recession hit. The headline of the small business survey fell from 94 to 91.4 in February (vs expectations of 94)....
While many business surveys are rebound back to pre-2007 levels, one that is still mired in pessimism is the NFIB Small Business Survey. Small Business continue to feel much more depressed than in almost any time prior to 2007 as the index has not been...
The percentage of small businesses that are planning to increase hiring fell back 4 percentage points to 5% in October. Unfortunately, in this recovery 10% of firms planning on increasing hiring has acted as an upper bound for this series....
