All across America, small and medium-sized exporters are flourishing, selling their products to international customers, gaining market share—and creating jobs. Here are three of them. All across America, small and medium-sized exporters are flourishing, selling their products to international customers, gaining market share—and creating jobs. “The market that exists outside the U.S. is substantial. Any… Seguir leyendo Small Business Exporters Fuel Jobs, Growth in America’s Heartland
Categoría: Economy
Weak Global Economy, High Inflation, and Rising Fragmentation Demand Strong G20 Action
When the G20 finance ministers and central bank governors meet in Gandhinagar next week, the world will be looking for joint action to address rising economic fragmentation, slowing growth, and high inflation. Agile multilateral support is vital to tackle common challenges posed by debt vulnerabilities, climate change, and limited concessional financing—especially for countries hit by… Seguir leyendo Weak Global Economy, High Inflation, and Rising Fragmentation Demand Strong G20 Action
Small Business Survey Shows Record Optimism, Despite Inflation Concerns
Small business owners have record-breaking optimism about the future right now, according to new data in the Q2 2023 MetLife and U.S. Chamber Small Business Index. The report comes amid the news in June of the Federal Reserve pausing interest rate hikes, and robust housing starts data. Both hiring plans and revenue expectations reached record highs for the… Seguir leyendo Small Business Survey Shows Record Optimism, Despite Inflation Concerns
How remote work, office vacancies and high interest rates affect the economy
Workers’ reluctance to come back to the office is causing a major disruption in the office space market. According to the latest data from the office security company Kastle, office occupancy in 10 large cities was under 50% of pre-pandemic rates. What’s happening: There are two main causes keeping the rate of vacant office space so high: The drop… Seguir leyendo How remote work, office vacancies and high interest rates affect the economy
Why We’re Suing HHS and CMS to Challenge Illegal Price Controls
The new IRA provisions establish an artificial and arbitrary system for devising price caps that will jeopardize medical breakthroughs for individuals with life-threatening and chronic illnesses. Government price controls harm patients, limit access to medicine, and stifle American innovation. Moreover, the new provisions in the Inflation Reduction Act (IRA) violate fundamental protections for free enterprise… Seguir leyendo Why We’re Suing HHS and CMS to Challenge Illegal Price Controls
How New Banking Rules Might Harm Your Business
Federal regulators are getting ready to implement new rules for banks. The result could be less credit and slower growth for American business. America’s banking sector is an integral part of the nation’s economy. Companies of all shapes and sizes, across diverse communities, rely on the financing banks provide to start, run, and grow their… Seguir leyendo How New Banking Rules Might Harm Your Business
Easing the Credit Crunch on Small and Medium-Sized Enterprises
Small and medium-sized enterprises (SMEs) comprise the overwhelming majority of formal businesses and create around half of formal employment for the average country in Latin America and the Caribbean, with that percentage rising to 80% in some cases. Yet, despite their immense importance to the economy of the region, these firms consistently struggle to get… Seguir leyendo Easing the Credit Crunch on Small and Medium-Sized Enterprises
Do You Pay Your Credit Card Bills on Time? That May Cost You Under CFPB Rule
75% of credit card users pay their bills on time. The CFPB’s new proposed rule would punish those who pay on time by raising their costs to cover for those who don’t. Americans benefit from a wide variety of credit cards from numerous financial services providers that let them find one that best suits their… Seguir leyendo Do You Pay Your Credit Card Bills on Time? That May Cost You Under CFPB Rule
How Falling Home Prices Could Strain Financial Markets as Interest Rates Rise
The pandemic propelled housing prices to record levels in many countries, especially advanced economies, amid low interest rates and tight property supplies. Then prices started falling late last year in many countries, while others saw the pace of gains slow. The deterioration was more pronounced in advanced economies with signs of stretched valuations before and… Seguir leyendo How Falling Home Prices Could Strain Financial Markets as Interest Rates Rise
US Banking Fragilities and the Potential Impacts on Latin America and the Caribbean
Several bank failures, and the high volatility in US bank equity prices, have raised considerable concern in recent weeks. The March 10 failure of Silicon Valley Bank (SVB) followed just two days later by that of Signature Bank shocked many observers. There were hopes that these were isolated incidents, but other regional banks soon came under pressure. First Republic Bank suffered… Seguir leyendo US Banking Fragilities and the Potential Impacts on Latin America and the Caribbean