Thinking Like Owners…
Posted in Economic Outlook, Leading Indicators on Apr 10th, 2012
The Institute for Trend Research is projecting continued economic growth throughout 2012, supported in part by a rise in the Purchasing Managers Index (PMI) in March. The PMI monthly figure (yellow line) showed gains from its February mark of 52.4, to 53.4 in March. This signals the 32nd consecutive month of growth for the manufacturing [...]
Posted in Economic Outlook, Leading Indicators on Aug 10th, 2011
The U.S. Leading Indicator in June again showed signs of continued upward momentum for the economy in the second half of 2012. A number of positive factors, namely building permits and real money supply, easily offset negative contributors like stock prices and consumer confidence. The 1/12 rate-of-change jumped again, this time to six percent. That’s [...]
Posted in Economic Outlook, Leading Indicators on Jul 12th, 2011
As you know, at SDR we follow the Institute for Trend Research economic trend analysis. In fact, this September we are hosting Brian Beaulieu at our CEO Forum. According to the ITR Trends Report for June 2011, the economy is running higher than it was a year ago. However, while most of the benchmarks have [...]
Posted in Economic Outlook, Leading Indicators on May 25th, 2011
The U.S. Leading Indicator’s recent downward movement confirms earlier predictions of a slower, though still positive, economic growth heading into 2012. Factoring into the drop of the U.S. Leading Indicator were higher unemployment rates and a decrease in building permits. This marks the first month-to-month decline since June 2010. Despite this slight fall, the Indicator [...]
Posted in Economic Outlook, Leading Indicators on Mar 3rd, 2011
According to the Institute for Trend Research, the Purchasing Managers Index (PMI) climbed to a seven year high in February, suggesting a more accelerated rate of growth toward the end of 2011. Reported increases in prices, production and employment coming from the manufacturing sector all contributed to this sign of continued economic recovery. The most [...]
Posted in Economic Outlook, Leading Indicators on Dec 3rd, 2010
The US Leading indicator is again signaling a pickup in growth for the end of 2011 and early into 2012, this time with positive news for the manufacturing sector. The purchasing managers index 1/12 (PMI) moved upward last month, thanks in part to increases in supplier deliveries, manufacturing inventories, and imports by manufacturers. The PMI [...]
Posted in Capital Formation, Economic Outlook, Leading Indicators, Lower-Middle Market, Mergers & Acquisitions, Middle-Market, Private Equity, State of the Market on Oct 26th, 2010
Private Equity funded the second busiest quarter in two years in third quarter 2010. The quarter yielded 316 investments totaling $28 billion, and 97 exits, totalling $16.8 billion. According to Pitchbook, each of those totals represents an increase from third quarter 2009, suggesting that Private Equity may be at the beginning of a recovery stage. In addition to Private Equity continuing [...]
Posted in Economic Outlook, Leading Indicators, State of the Market on Sep 28th, 2010
Despite an August decline, the U.S Leading Indicator continues to show positive signs for a continued, albeit slow recovery through 2011. The recent dip in the 1/12 rate of change was due in large part to slightly higher unemployment claims in August. The decline may indicate slower growth to come, but there is no indication [...]
Posted in Capital Formation, Economic Outlook, Leading Indicators, Lower-Middle Market, Middle-Market, Small Business, State of the Market on Feb 2nd, 2010
The US Leading Indicator finished strong in 2009, presenting a promising start to the New Year. Most notably, this index considers a wide sampling of the US economy and nearly all the components are improving. In December, eight of the ten were positive, including interest rate spread, building permits and average unemployment claims per week.
Posted in Capital Formation, Economic Outlook, Leading Indicators, Lower-Middle Market, Middle-Market, State of the Market, Uncategorized on Dec 20th, 2009
Commercial and Industrial Credit Markets lending volume continued on the decline through Q3 2009. Peaking at nearly $1.7 Trillion in total monthly activity in the second half of 2008, the lending activity has dropped to $1.4 Trillion in total monthly activity and appears poised for continued reductions based on the short-term 3/12 and 12/12 trend lines. [...]