August 23, 2017

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Retail Sales Up For Ninth Straight Month

April 13, 2011 Mike Sachoff

Clothing, electronics, home furnishings and building materials all saw increased retails sales in March for the ninth straight month, according to a new report from the National Retail Federation. Retail sales (which exclude automobiles, gas stations, and restaurants) for March increased 0.6 percent seasonally adjusted from February and 3.9 percent […]

Consumer Sentiment Remaining Positive

April 12, 2011 Mike Sachoff

Consumers are becoming more upbeat about the economy, as the Consumer Reports Index in April remained positive  for the second consecutive month. The index points to an improving employment climate, higher consumer spending, and a reduction in overall household financial stress for the American consumer. "While the economy still has […]

Rising Prices Could Slow Consumer Spending

April 11, 2011 Mike Sachoff

Nearly three- quarters (74%) of Americans  believe higher prices could slow their spending in the coming months, according to a new survey from Deloitte. The survey found that mobile and social connections are helping shoppers make better buying decisions in the wake of the recession. Households in the United States […]

Majority Of CEOs Expect Recovery To Continue

April 5, 2011 Mike Sachoff

Two-thirds of CEOs believe the economy has improved during the past year and have expect more gains in the year ahead, according to a new survey from Vistage International. The Vistage CEO Confidence Index was 105.2 in the 1st quarter of 2011, slightly below 106.3 recorded in the prior quarter […]

SMBs Hit With Banking Fraud

April 4, 2011 Mike Sachoff

More than half (56%) of small and medium businesses experienced banking fraud in the last 12 months, according to a new study from fraud prevention firm Guardian Analytics and the Ponemon Institute. Among those that experienced fraud, 61 percent were victimized more than once and 75 percent experienced online account […]

Small Business Owners Expecting Increased Sales

March 31, 2011 Mike Sachoff

One out of two U.S. small business owners expect increased sales in the next six months, but non-labor costs could squeeze profits and lead to higher selling prices over the same period, according to a new PNC Economic Outlook survey. The survey indicates owners’ expectations for sales and profits have […]

SBA Launches Refinancing Program

March 30, 2011 Mike Sachoff

 Small business owners with commercial real estate mortgages maturing after December 31, 2012, will be able to get  more stable, long-term financing through the U.S. Small Business Administration’s temporary 504 refinancing program. In February, SBA implemented a temporary refinancing program enacted under the Small Business Jobs Act of 2010, which […]

SCORE Receives Grant To Help Small Businesses

March 23, 2011 Mike Sachoff

The Deluxe Corporation Foundation has provided a $285,000 grant to help SCORE, a non-profit association focused on helping small businesses in the U.S. The grant will help SCORE increase its trained volunteer base by 50 percent, or an additional 11,000 mentors, over the next three years. With this larger mentor […]

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