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Economy

“The IMF thinks this small South American country will see economic growth of 86% next year”

“Guyana, a country of about 780,000 which shares a border with Brazil, Suriname and Venezuela in the northeast of South America, will see economic growth of 86% in 2020, according to the IMF. That’s up from 4.4% in 2019. Such an explosive expansion of… Continue Reading…

Economy

“Small-town Bankers Are Still Hopeful about US Economy”

“American financial experts may be worried about trade wars, tariffs and talk of a recession, but ask a small-town banker and economic conditions are pretty good. Across the United States, people are building and buying homes. Small businesses are borrowing money to… Continue Reading…

Business, Economy

“Main Street remains cautiously optimistic about the US economy”

“As economists and investors debate whether or not a recession looms on the horizon, small business owners believe the economy is poised to keep growing. But they’re nowhere near as confident as they were a year ago at this time. Small business… Continue Reading…

Business

“Small-business owners: We want to hire, but we just can’t find ‘qualified’ workers”

“Is there really a shortage of skilled workers available for hire? Small-business owners certainly seem to think so. Some 24% of small-business owners said finding qualified workers is their single biggest problem, according to an April survey by the National Federation… Continue Reading…

Business, Economy

“…small businesses shows signs of cooling”

“The number of small business sales counted by online market BizBuySell.com fell 6.5% during the first quarter from the same period of 2018, following a 6% fourth quarter drop. BizBuySell.com reported 2,504 first quarter transactions, down from 2,678 a year… Continue Reading…

Banking, Business

“Small Business Loan Approvals At Big Banks Hit New High…”

“The approval percentage for small business loan applicants hit a record high of 27.3% at big banks ($10 billion+ in assets) in March, up one-tenth of a percent from February, according to the latest Biz2Credit Small Business Lending Index™. Approvals… Continue Reading…

Economy

“US: Housing market appears poised for a modest rebound – Wells Fargo”

“Following December’s plunge, housing starts rebounded 18.6% in January, mostly the result of a surge in single-family starts, explained analysts at Wells Fargo. They point out “residential building should continue to improve as permits run ahead of starts”… “Despite recent… Continue Reading…