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Saturday, March 3, 2012

Small Business News You Can Use (3/3)

Economy expanded moderately in early 2012

Manufacturing is a bright spot with uptick reported across the country, Fed reports

WASHINGTON — The Federal Reserve said the U.S. economy expanded modestly in January through mid-February as hiring picked up a bit across several districts. More...


Small businesses borrow more, signaling growth

CHICAGO, March 1 - Borrowing by U.S. small businesses rose in January, another sign that recent stronger economic data may be more durable than thought. More...


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U.S. manufacturing sector slows in February

NEW YORK — The pace of growth in the U.S. manufacturing sector unexpectedly slowed in February after three consecutive months of gains in a reminder of the bumpy nature of the economic recovery. More...


Mortgage rates hover a smidgen above record lows

The average rate on the 30-year mortgage edged down this week to hover again above record lows. Cheaper rates have spurred modest improvements in the battered housing market, but not enough to signal a recovery. More...


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