Small Business Optimism Index rebounds

A monthly measure of optimism among small business owners has rebounded on more upbeat expectations for improving sales and staffing. The National Federation of Independent Business reported its Small Business Optimism Index rose 4.5 points to 94.4 in May. The index dropped a total of 13.6 points in April and March in the aftermath of […]

Mesa County jobless rate spikes

Phil Castle, The Business Times The monthly unemployment rate has spiked to one its highest levels ever in Mesa County as the effects of the coronavirus pandemic and related restrictions play out in the labor market. The low number of positive coronavirus cases and efforts to reopen businesses in the county offer encouragement, though, the […]

Economic indexes suggest U.S. now in recession territory

A monthly index forecasting economic conditions in the United States continues to slide, suggesting the coronavirus pandemic and related restrictions have triggered a recession. The Conference Board reported its Leading Economic Index (LEI) fell 4.4 percent to 98.8 in April. That decline follows a 7.4 percent decrease in March, the largest monthly decline in the […]

Small business optimism persists, but outlook uncertain

A monthly measure of optimism among small business owners has edged up on more upbeat expectations for the economy and staffing. But the threat of the coronavirus outbreak could cause uncertainty. The National Federation of Independent Business reported its Small Business Optimism Index rose two-tenths of a point to 104.5 in February. That level ranks […]

Leading index forecasts continued growth

A monthly index forecasting economic conditions has rebounded, signaling what likely will be continued growth through early 2020. The Conference Board reported its Leading Economic Indicator (LEI) rose eight-tenths of a percent to 112.1 in January. The gain is more than double a three-tenths of a percent loss in December . A measure of current […]

Consumer Confidence Index rises

A monthly measure of consumer confidence has edged up on more optimistic expectations for business and labor conditions. “Consumers’ short-term expectations improved, and when coupled with solid employment growth, should be enough to continue to support spending and economic growth in the near term,” said Lynn Franco, senior director of economic indicators for the Conference […]

U.S. payrolls swell as jobless rate slips

U.S. payrolls swelled in November and the unemployment rate edged down to its lowest level in 50 years. Nonfarm payrolls increased 266,000 and the jobless rate slipped a tenth of a point to 3.5 percent, according to the latest Labor Department estimates. The initial estimate for payroll gains in October was revised upward 28,000 to […]

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