-
Lawton: Loan Access Improves for Small Businesses
Posted on July 10th, 2009 No commentsIncreased funding for Small Business Administration programs and new tools available through the American Recovery and Reinvestment Act will expand loan access for small business owners in Wisconsin, writes Lieutenant Gov. Barbara Lawton on the Small Business Times web site.
-
CEOs: Rising Rates Slowing Wis. Mortgage Demand
Posted on July 10th, 2009 No commentsRising interest rates will slow residential mortgage refinancing during the final six months of the year, and demand for commercial loans is expected to stay flat, according to the results of the Wisconsin Bank CEO Economic Conditions Survey conducted in June by the Wisconsin Bankers Association, reported in the Small Business Times.
-
Analysis: Inflation Not Likely
Posted on July 10th, 2009 No comments“Many investors are girded for rampant inflation because the Federal Reserve is printing money at a record pace” – but not to worry, writes Sara Walker, senior vice president and investment officer with Associated Wealth Management in the Small Business Times.
-
Is It Time to Rise ‘Out of the Fog’?
Posted on July 10th, 2009 No commentsWisconsin has lost more than 140,000 jobs since the recession began and is near the 10 percent unemployment rate. “Meanwhile, the available capital credit for business expansion and commercial real estate development remains scarce,” the Small Business Times of Milwaukee reports. Yet signs point to renewed optimism among the business community, the newspaper says.
-
Investment Advisor Sees Slow Recovery Ahead
Posted on July 10th, 2009 No commentsChris Nolte, vice president of Marcus Investments, says that the U.S. economy is in for a long and slow recovery. The banking industry isn’t going to loosen lending practices any time soon, residential home sales are in a “new normal,” and investors need to be wary of inflation while dealing with a long-time market view. Read the interview with Nolte in the Small Business Times.
-
Recession Nearly Over, But Recovery Far Off
Posted on July 10th, 2009 No commentsThe bottom of the recession is in sight, but recovery will be slow. That’s the latest economic outlook for Wisconsin, according to the state Department of Revenue’s quarterly report, released July 3. Read the Business Journal of Milwaukee article.
-
Milwaukee June Home Sales Up Slightly
Posted on July 10th, 2009 No comments“Home prices in the Milwaukee area continued to fall in the first half of the year, but an uptick in the number of sales in June provided a glimmer of optimism for the local residential real estate market,” the Milwaukee Journal Sentinel reported.