Small Business Insider

January 17th, 2020 by

by Raymond J. Keating- The U.S. Census Bureau’s report on new residential housing construction for December 2019 showed a solid year for housing. In particular, these measures of housing construction – starts and permits – showed strong growth starting mid-2019. Housing starts for December 2019 (seasonally adjusted annual rate) grew dramatically, up by 16.9 percent […]

January 16th, 2020 by

by Raymond J. Keating- The U.S. Census Bureau reported that retail and food services sales for December 2019 grew by 0.3 percent compared to a month earlier. That was in line with expectations. Looking at further breakdowns, when excluding motor vehicle and parts – which declined by 1.3 percent in December – sales increased by […]

January 16th, 2020 by

by Raymond J. Keating- The U.S. economy grew at a pretty solid pace from the third quarter of 2017 to the first quarter of 2019, in particular, with real GDP growth topping 3 percent in four of those seven quarters, with another quarter nearly hitting the three percent mark. But growth slowed notably in the […]

January 14th, 2020 by

by Raymond J. Keating- United Van Lines released in National Moving Study earlier this month. It tracks where people moved among the states in 2019. And it’s not surprising to take note that net moves were, in part, affected by the costs imposed by government. The study tracks United Van Lines’ customer moves and state-to-state […]

January 14th, 2020 by

by Raymond J. Keating- The U.S. Bureau of Economic Analysis released its estimate of third quarter real state GDP growth on January 10. The economy grew in 49 of 50 states. The top state for growth was Texas, with its real rate of increase in GDP registering 4.0 percent. That far outdistanced the second highest […]

January 11th, 2020 by

By Karen Kerrigan- Part I of Key Trends 2020 for Entrepreneurs and Small Businesses focused on the outlook for the economy, marketing and branding, technology, and finance/access to capital/DeFi. Other important areas are covered below in this blog post. Please remember to sign up for our Small Business Insider enews for the latest market intelligence, […]

January 10th, 2020 by

by Raymond J. Keating- The employment report for December 2019 – taken in total – released by the U.S. Bureau of Labor Statistics (BLS) showed solid jobs gains overall. It’s worth noting that the BLS in recent months has highlighted how this report functions: “This news release presents statistics from two monthly surveys. The household […]

January 8th, 2020 by

by Raymond J. Keating- While the latest ISM manufacturing survey showed that manufacturing activity declined in December, the ISM’s non-manufacturing survey pointed to growth in December for non-manufacturing businesses. Indeed, while economic activity in manufacturing has been declining for the last five months, and has been soft or contracting over the past nine months, according […]

January 6th, 2020 by

By Karen Kerrigan- The Economy U.S. Economic Outlook 2020: On Firmer Ground, Goldman Sachs. “Goldman Sachs Research forecasts steady U.S. GDP growth of 2.3%, driven by easier financial conditions, dissipating trade tensions, and continued strength in consumer spending. As the U.S. economy continues its longest expansion on record, many market participants continue to worry about […]

January 2nd, 2020 by

BY BARBARA WELTMAN The number of self-employed individuals is growing substantially. ● FreshBooks’ Women in the Independent Workforce, 2nd annual report says that between 10 and 12 million women are expected to join the independent workforce in America over the next 5 years. ● The Bureau of Labor Statistics projected a 7.9% growth rate in self-employment over a 10-year […]

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