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Friday, December 9, 2022
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Tag: Recession

KeyBank survey finds business optimism

A survey of 400 business owners and executives of businesses doing volumes in the $10 million to $2 billion range reveals that while they are...

Study: Nearly two-thirds of small businesses likely to close if inflation...

38% of small businesses facing closure planned to lay off employees to stay afloat,

U.S. and world news for June 17

Evidence that Proud Boys planned to kill Pence and Pelosi: The House committee investigating the Jan. 6 attempted coup revealed yesterday that the FBI...

Banker John Traynor predicts economy will ‘rebound strongly’

Traynor stated President Biden is concerned about raising corporate taxes too high.

Holiday shoppers predicted to repeat 2019 level of spending

The forecast predicted fewer shoppers will be purchasing jewelry as holiday gifts.

Connecticut’s rainy day fund is helping state stay afloat – but...

Justin Theal, an officer with The Pew Charitable Trusts’ State Fiscal Health team, calls Connecticut “one of the most financially secure states going into the recession.”

Connecticut added 25,800 jobs in May

The leisure and hospitality industry saw the greatest private sector job gains.

Suite Talk: Robert J. McCormick, chairman, president and CEO of Trustco...

"Acting on emotion is one of the biggest detriments to an investment portfolio," said McCormick.

It’s official, the U.S. economy is in a recession, says NBER

There’s been a lot of speculation from various commentators and guests on the cable TV talk-fests recently about the U.S. being in a recession....

Federal Reserve chairman warns of possible long recession

Federal Reserve Chairman Jerome Powell warns that the COVID-19 pandemic could result in a long-term recession and urges additional action by Congress and the White House to prevent it.

U.S. already in recession, national economic panel says

The median forecast of the National Association for Business Economics survey calls for annualized real GDP growth of -2.4% in Q1 and -26.5% in Q2 2020. After modest growth of 2% in Q3, the median forecast calls for growth to strengthen to 5.8% in Q4 and 6% in Q1 2021.

U.S. could be recession-resistant through 2021, Webster Bank exec tells Norwalk...

“The election will be a game-changer if we shift back to higher taxes and more regulation," Webster Bank Senior Vice President Steve Andrews told members of the Norwalk Chamber of Commerce on Jan. 14. "Assuming there’s no change in November, I think we’ll probably go another couple of years without a slowdown.”

Is your business prepared for a possible recession?

"Customers will always try to find cheaper replacements if and when a recession hits," said Kelly Campbell at Agency Growth Consultant LLC in Nyack.

Anxiety will lead to the next recession, economist says

U.S. consumers should prepare for the possibility of a recession unfolding during the next 18 to 24 months. That’s the prediction from San Francisco-based behavioral...

Women’s event focuses on finance, fashion and more

The underlying theme for the event was that being a woman who has achieved success in business does not automatically insulate that person from the everyday issues of women's health, wealth and well-being.