Recession

Credit Card Charge-Offs Creep Up in March
Credit Card Charge-Offs Creep Up in March
April 30, 2023  |  Credit Cards

Credit card charge-offs reportedly crept up in March as consumers struggle to pay bills. On paper, the overall average rate of credit card delinquencies and...

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Consumer Sentiment Predicts Prolonged Economic Turbulence
Consumer Sentiment Predicts Prolonged Economic Turbulence
April 30, 2023  |  Consumer Insights

Government data confirms what consumers already know: Market and Main Street stabilization may be further off than previously thought. The Bureau of Economic Analysis (BEA)...

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Main Street Merchant Recession Expectations Match Fed, Consumer Sentiment
Main Street Merchant Recession Expectations Match Fed, Consumer Sentiment
April 23, 2023  |  Economy

After pandemic and inflation woes, Main Street is digging in to face economic headwinds on the horizon. Small to medium-sized businesses (SMBs) seeking a chance...

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Analysts Expect 6.8% Decline in First-Quarter Earnings
Analysts Expect 6.8% Decline in First-Quarter Earnings
April 10, 2023  |  Earnings

Analysts expect S&P 500 companies to report a year-over-year 6.8% decline in first-quarter earnings. If those expectations turn out to be correct, that would be...

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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...

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Why This CFO Says Challenging Times Are Also the Most Exciting
Why This CFO Says Challenging Times Are Also the Most Exciting
April 06, 2023  |  CFO

CFOs have always had to deal with market risk, no matter the macroclimate. But what is new for finance leaders, in light of the recent...

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Real-Time Data Helps CEOs Manage Economic Uncertainty
Real-Time Data Helps CEOs Manage Economic Uncertainty
April 05, 2023  |  CFO

Market shifts and macro turmoil have savvy CFOs examining internal processes to ensure sustainable growth. “I think every CFO right now is concerned about macroeconomics,”...

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Small Businesses Slow Hiring Amid Uncertain Consumer Demand
Small Businesses Slow Hiring Amid Uncertain Consumer Demand
April 05, 2023  |  Economy

Main Street businesses are pulling back on hiring. Preparing, perhaps, for the impact of a pullback in consumer spending that’s already in motion. The logic...

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Consumers Increasingly Expect Recession
Consumers Increasingly Expect Recession
March 31, 2023  |  Economy

Consumers increasingly expect a recession. The University of Michigan’s monthly Surveys of Consumers noted this trend Friday (March 31) as it released final results that...

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