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Loan balances increased by 442.9 billion dollars during the first quarter, or 8 percent annually. This was the highest year-over-year growth rate since first quarter 2008. https://www.fdic.gov/news/news/speeches/spjun1620.html Learn more about Delta Business Advisors at: https://deltabusinessadvisors.com or contact us @ 480-686-8062 | Lisa@DeltaBusinessAdvisors.com | Schedule a meeting with Lisa: https://calendly.com/lisariley #DeltaBusinessAdvisors… Read More »FDIC-Insured Institutions 2020 1st Quarter Banking Profile – Loan Balances

Yesterday, FDIC  released their 1st quarter report & finds that there was stable asset quality. Although the banking industry reported quarterly net income of 18.5 billion dollars during the first quarter, a 69.6 percent decline from a year ago. However, net income is significantly higher than 2008 & 2009. “Since… Read More »FDIC-Insured Institutions 2020 1st Quarter Banking Profile

A recent National Bureau of Economic Research working paper examined how Covid-19 has affected small business owners. The total number of active U.S. business owners fell 22 percent from February to April, a drop of 3.3 million, which is the largest, steepest decline for  the past 20 years. source: https://www.nber.org/papers/w27309.pdf… Read More »Small Business Ownership in the US

More information on unemployment rates from the US Bureau of Labor Statistics. Data online at https://data.bls.gov/timeseries/LNS14027659&series_id=LNS14027660&series_id=LNS14027689&series_id=LNS14027662. Learn more about Delta Business Advisors at: https://deltabusinessadvisors.com or contact us @ 480-686-8062 / Lisa@DeltaBusinessAdvisors.com / Schedule a meeting with Lisa: https://calendly.com/lisariley #DeltaBusinessAdvisors #MergersandAcquisitions #BusinessBrokers #MandAMarket #DailyBusinessAcument

Reported unemployment rate is 13.3% in May. Although a downward trend, unemployment remains near record high rates according to U.S. BUREAU OF LABOR STATISTICS 1990 – May 2020. Data online at https://data.bls.gov/timeseries/LNS14000000. Learn more about Delta Business Advisors at: https://deltabusinessadvisors.com or contact us @ 480-686-8062 / Lisa@DeltaBusinessAdvisors.com / Schedule a meeting… Read More »Civilian Unemployment Rate

The S&P 500 has now erased its 2020 losses. Yesterday, June 8, it was equivalent to Jan 1, 2020. It’s up 44% since the bottom fell out in March. Source: https://www.nytimes.com/2020/06/08/business/stock-market-today-coronavirus.html?campaign_id=154&emc=edit_cb_20200608&instance_id=19194&nl=coronavirus-briefing&regi_id=123649176&segment_id=30390&te=1&user_id=73b043edfb0a964b33bd0918d5d75408#link-72764953 *Source: Refinitiv Learn more about Delta Business Advisors at: https://deltabusinessadvisors.com or contact us @ 480-686-8062 / Lisa@DeltaBusinessAdvisors.com / Schedule… Read More »The S&P 500 Erases Its Losses