U.S. GDP Surges by Record 33.1% in Q3
Economists are sticking to estimates of only 4% growth in the fourth quarter and a prolonged recovery from the coronavirus recession.
Economists Expect Slow Recovery, But Aren’t Forecasting ‘Double-Dip’ Recession
Economists' thoughts on when exactly the recession will end vary, with 35% expecting the current recession to end in the second half of 2020.
Small Businesses See Recession as ‘Short-Lived’
A closely-watched survey found small business optimism over the economy rebounded last month after a record plunge in March.
How to Keep the Bankers and Investors on Your Side During a Recession
It’s important to communicate to your banker and investors that you have a handle on the issues facing your company — but that you need their support.
IMF Predicts Worst Slump Since Great Depression
The Fund now expects the global economy to contract by 3% this year due to the coronavirus pandemic.
More Banks See Recession as Pandemic Unfolds
Goldman Sachs and Morgan Stanley see contraction followed by late-year rebounds.
Middle Market CFOs Pursue Aggressive 2020 Agendas
Most midsize companies are moving forward with their growth plans, despite weighty issues finance chiefs face in their respective industries.
With a less-clear, less-robust future ahead, CFOs get more careful about how they spend corporate cash.
CFOs: Braced for a Recession, But Hopeful
CFO are preserving cash in anticipation of rough times ahead. But they are also more optimistic about the domestic economy than they were three months ago.
U.S. Job Growth Shatters November Forecasts
The 266,000 jobs gain shows the labor market "is continuing to provide the key foundation for the U.S. economy.”
Fed Cuts Interest Rates Again in ‘Insurance’ Move
“We took this step to help keep the economy strong in the face of global developments and to provide some insurance against ongoing risks."