With conflicting performance of leading indicators, D&B is
downgrading the 2015 real GDP forecast to 2.9% annual growth while still
projecting robust monthly labor growth
SHORT HILLS, N.J. -- (Business Wire)
Dun
& Bradstreet (NYSE:DNB), the world’s leading source of
commercial information and insight on businesses, today released the
September 2014 U.S. Economic Health Tracker which provides a monthly,
multi-dimensional perspective on the U.S. economy, including small
business health, total job growth, and overall U.S. business health.
Despite downgrading the 2015 economic outlook, D&B’s proprietary data
continues to confirm the ongoing financial improvement of the private
sector in the U.S.
“As employment and financial balance sheet health both moderately
improve, we remain cautiously optimistic that growth will gradually
accelerate,” said Paul Ballew, Chief Data & Analytics Officer, Dun &
Bradstreet. “While our leading economic index points to continuing
sluggishness and hesitant investment in the near term, it’s important to
not lose sight of improvements that are paving the way for faster growth
in 2015 than in 2014.”
Ballew will host an interactive media briefing at 11:30 AM EDT today to
provide further insights on D&B’s monthly economic perspective. You
may register for the briefing webinar here.
Unable to join the media briefing at this time? Watch
Ballew share his perspective on the state of the U.S. economy in a short
video.
September 2014 Highlights
View the D& B U.S. Economic Health Tracker Infographic at www.dnb.com/tracker.
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Small Business Health Index
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Sharp increases in on-time bill payments helped boost the small
business sector during the reporting period.
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U.S. Jobs Health
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An estimated 247,000 new non-farm jobs were added to U.S. payrolls
in August 2014, with strong gains in business services and
manufacturing.
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U.S. Business Health
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Overall U.S. business health strengthened by 5% year-over-year in
August 2014.
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About D& B’s U.S. Economic Health Tracker
This forward-looking perspective on the U.S. economy offers insights and
monthly data using three macro indicators: (i) the D&B Small Business
Health Index, (ii) the D&B U.S. Jobs Health Indicator; and (iii) the D&B
U.S. Business Health Index. The index also leverages three D&B advanced
analytic products (D&B’s Viability Score™, D&B Delinquency Predictor™,
and D&B Total Loss Predictor™). D&B publishes its monthly U.S. Economic
Health Tracker on the first Tuesday morning of most months and reporting
periods reflect the most recent and complete month.
Other information, including the 2014 planned publishing schedule, FAQs,
and archived reports can be accessed at www.dnb.com/tracker.
Follow D&B Economic Insight daily on Twitter at @DnBEconomy.
About Dun & Bradstreet® (D&B)
The Dun & Bradstreet Corporation is the world's leading source of
commercial data, analytics and insight on businesses. Our global
commercial database contains more than 235 million business records. We
transform commercial data into valuable insight which is the foundation
of our global solutions that customers rely on to make critical business
decisions.
D&B provides solution sets that meet a diverse set of customer needs
globally. Customers use D&B Risk Management Solutions™ to mitigate
credit and supplier risk, increase cash flow and drive increased
profitability, and D&B Sales & Marketing Solutions™ to provide data
management capabilities that provide effective and cost efficient
marketing solutions to increase revenue from new and existing customers.
For more information, please visit www.dnb.com
or follow @DnBUS.
Contacts:
Media:
Dun & Bradstreet
Michele Caselnova,
973-921-5196
caselnovam@dnb.com
or
Investors:
Dun
& Bradstreet
Kathy Guinnessey, 973-921-5892
Kathy.Guinnessey@dnb.com
Source: D&B
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