The Dodd-Frank Wall Street Reform and Consumer Protection Act, known commonly as Dodd-Frank, was enacted in 2010 under President Obama as a response to the financial crisis that led to the Great Recession. The ultimate goal of the legislation was to safeguard the economy and...
According to a new study, there should be no doubt about how strapped for cash many small firms are today. Small Business Funding by the Numbers JPMorgan Chase Institute's think tank relied on data collected from their in-house bank to work up an analysis of the current...
Banks with less than $250 billion in total assets may soon be seeing a relief in their federal obligations. A proposed alteration from the Federal Reserve could mean that smaller regional banks who do not conduct significant nonbank or international business would be exempted from...
Expectations are falling, and the idea that the third quarter would mark the return to growth for U.S. companies has fallen flat. Companies in the S&P 500 will report earnings in the coming weeks, and the expectation is that they will once again report declines....
In a state where manufacturing is an economic support beam, Indiana businesses are growing more and more concerned over the presidential race's implications for trade. Former IN Governor Mike Pence ran his 2012 gubernatorial campaign on a strongly pro-trade platform and voted for every available free...
Amid positive job reports and a surging stock market, one factor still presents a major obstacle to long-term economic growth in the US: a persistent slackening of productivity. We are currently in the midsts of the longest downward slide in worker productivity since the 1970’s,...
As we discussed in a recent blog, US manufacturing is alive and well—despite what many people may think. Following up on that piece, we are happy to give yet another positive update from the manufacturing sector. The stars have aligned for US manufacturing in July, with...
U.S. presidential elections are a marathon, not a sprint, and this race has been exceptionally grueling—both for the candidates and the public at large. But more concerned than the average U.S. citizen are small business owners, who have responded to the uncertainty by delaying new...
Stalled growth, disappearing jobs and a sense of foreboding are the defining characteristics of today’s economy. So, what or who is to blame? According to one theorist, the process of “creative destructions,” whereby the death of one business or industry gives rise to another, is...
After another harsh winter, the American economy is stabilizing and beginning to shrug off concerns of a prolonged slowdown or recession. According to the latest economic gauges, industrial production is increasing, inflation is firming, and the housing sector is continuing to pick up momentum. All of...
