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Economy

ARM M&A Activity Slows in 1Q

Merger and acquisition activity in the Accounts Receivable Management sector was slower in the first quarter of 2019 than it was in the same period last year, according to data released this week by Corporate Advisory Solutions. There were six deals with a combined value of $161 million during the …

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New Fed Report Details Spending Expectations for Consumers

Having gathered data for more than four years, the Federal Reserve Board of New York unveiled a new report yesterday, the Survey of Consumer Expectations Household Spending Survey, which details experiences and expectations regarding how individuals and households are spending their money. For example, should a respondent suddenly see a …

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More Signs Point to Weakening Economy

Data released this week by the Federal Reserve Board of New York is sending up red flags that consumers’ financial conditioning may be weakening, and signs of a recession may be on the horizon. Economists are pointing to a record number of individuals who are behind on their auto loans …

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Tax Return Totals Down 8% From Last Year: IRS

The numbers for the start of income tax return season for the credit and collection industry are not as great as one might hope, according to data released by the Internal Revenue Service. The average income tax refund through the first week of filings is 8% lower than the same …

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