Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Market
Moody's: U.S. Business Confidence Brightens
NEW YORK (9/24/13)--U.S. business sentiment took a positive turn last week, according to Moody's Analytics Survey of Business Confidence.
 
Nearly all of the questions posed in the survey received improved responses for the week ended Sept. 20 (Moody's Economy.com Sept. 23).
 
Two-thirds of survey respondents said they believe the economy's outlook heading into next year will improve. 
 
Those expectations are stronger than businesses' assessments of current conditions--which has been a positive leading indicator historically, Moody's said.  
 
Equipment and software investment remain strong, but hiring and demand for office space continue to remain weak.
 
In total, business sentiment is consonant with an economy that is growing at a level near its potential, Moody's said. Growing political acrimony in Washington concerning the federal budget deficit and issues with the Treasury debt ceiling have not harmed business confidence this year, but the situation warrants ongoing scrutiny, Moody's concluded.
Other Resources

CUNA National Economic Data
RSS print
News Now LiveWire
It's #summercamp with a financial literacy, #creditunion twist http://t.co/5eaps9ZoVB
1 hours ago
Mich #creditunions encourage everyone to #CULunchLocal Oct 14 as part of #ICUDay http://t.co/NZp71fgr8Z
2 hours ago
.@IllinoisLeague Hession: #HB5342 cause for celebration...will serve as a model across the country for state, fed regulators @GovernorQuinn
2 hours ago
.@GovernorQuinn signs #HB5342 providing parity for state-chartered #creditunion examinations via @IllinoisLeague http://t.co/yrhoCkE4ER
3 hours ago
.@Walmart's US CEO Bill Simon to step down, Greg Foran moves up via http://t.co/WIqJbYcapL
3 hours ago