Filtered by category: Economics Clear Filter
The Growing Impact of Freight Recovery
by: Meredith Schuetze
From the NAW Blog:
There is a silent but growing profit drain leaking away at wholesale distributors this year, and according to experts, it's likely to double next year and beyond. For the average distributor with an EBIT of four percent, it could potentially reduce their profitability by 60 to 150 basis points, or 15 to 25 percent. However, for a select group of companies, it will increase profitability by the same percentages. What's going on here?
A Mid-Crisis Assessment to Prepare for the New Normal
During and after extreme disruption, such as that caused by the COVID-19 pandemic, the thought of doing a performance assessment can be overwhelming. However, taking a microscope to performance in a time of crisis can tell us more about our core underlying capabilities than in a time of stability.
Topics to Consider Regarding Second Draw of PPP Funding
February 2021 Article by:
Michael S. Hampleman & Roman A. Basi
Basi, Basi & Associates at The Center for Financial, Legal & Tax Planning, Inc.
Business owners, CPAs, loan officers, and if applicable, business brokers, should use a variety of tactics simultaneously as businesses pursue economic support in the form of a second draw of PPP funding. Per advice from the AICPA, the American Institute of Certified Public Accountants, borrowers may need to be act quickly and diligently to fill out their forms for a second round of PPP funding.
Some lenders are requiring PPP borrowers to apply for forgiveness on their first-draw PPP loan before they file to seek a second-draw PPP loan. However, according to the SBA and Treasury, this is not a requirement. Possible borrowers may want to consider other lenders to process the second-draw loan application without the business having to file for forgiveness on their first PPP loan.
An Analysis and Overview of The Second Round of PPP Funding
January 2021 Article by:
On December 27, 2020, late Sunday night, President Trump signed into law the $900 billion COVID-19 relief bill that was passed approximately a week before by Congress. The legislation, the Consolidated Appropriations Act of 2021, calls for direct payments to individuals and funding to other various communities and sectors that have been hit hardest directly by COVID-19.
What's the Net Investment Income Tax and How does it Apply to Me?
by: Jamie Adams
August 2020 Article by:
Matthew A. Dolan & Roman A. Basi
Strategies for Investors in a Volatile Market
by: Vickie Lester
From my401kPartners.com
During volatile times, many investors get agitated and begin to question their fundamental investment decisions and choices.
California job growth continues to lead the nation
From Beacon Economics
The latest release from the California EDD shows that the state accounted for nearly one-fifth of all job gains in the nation in March, according to an analysis released jointly by Beacon Economics and the UCR School of Business Center for Economic Forecasting and Development. READ MORE
California exports continue robust growth
California's merchandise export trade had an exceptionally strong showing in February, although merchandise imports pulled back in the latest numbers, according to a Beacon Economics' analysis of U.S. trade statistics released this morning by the U.S. Census Bureau. READ MORE
Trump 'Unknowns' Continue To Cloud Economic Forecast
The ability to accurately forecast where the U.S. and California economies are headed continues to be seriously hampered by the enormous uncertainties stemming from the ongoing turmoil of President Donald Trump's administration.
Quarterly forecast for six major regions in California
Each quarter, find updated analysis that goes beyond the state and national level to present a snapshot of employment, home prices, consumer spending, personal income, and other leading economic indicators within key areas of the state. READ MORE
U.S. Small-Business Optimism Index Surges by Most Since 1980
From Bloomberg
The National Federation of Independent Business's index jumped 7.4 points last month to 105.8, the highest since the end of 2004, from 98.4. While seven of the 10 components increased in December, 73 percent of the monthly advance was due to more upbeat views about the outlook for sales and the economy, the Washington-based group said. Read More
Credit Managers' Index Reaches Nine-Month High
From NACM's eNews Weekly Update
The strong, 54.6 showing of the combined manufacturing and service sectors continues a trend of mostly steady gains that began in November, although a couple of key categories showed signs of losing steam. Click here to read more
ISM Manufacturing Index Points to First Expansion in Six Months
From MarketWatch.com
The Institute for Supply Management said its manufacturing index rose to 51.8% last month from 49.5% in February. Click here for more information
Businomics Newsletter February 2016
By Bill Conerly
Businomics ®: Connecting the dots between the economy and business. Click here to see the February issue