Wednesday, December 24, 2014

Small Business Optimism Surges

The NFIB Small Business Optimism Index jumped up 2 points to 98.1, just a tick lower than its historical average before the Great Recession.

Expectations for business conditions six months out rose a huge 16 percentage points while expectations for real sales volumes rose 5 percentage points.

The percent of owners reporting job creation fell a point from October to a net 2 percent of owners, continuing a four-month run in positive territory.

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Monday, December 22, 2014

TransUnion Predicts More Auto Credit

TransUnion's annual auto loan forecast calls for auto loan debt to continue to rise to $18,244 at the end of 2015.

This would mark 19 consecutive quarters of increases since the first quarter of 2011, when auto loan debt per borrower stood at $14,954.

The TransUnion forecast calls for the national auto loan delinquency rate (the ratio of borrowers 60 or more days past due) to end 2014 at 1.20 percent, and increase slightly to 1.27 percent at the end of 2015.

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As always - We want your questions, so please feel free to ask us anything because the team at CARS really cares about your success and we're committed to you by not only getting results, but to make learning fun and exciting. You can email us at repocarsinmichigan@gmail.com

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