Category: US News

Employment in high-wage jobs begins to rise

A recent report from the National Employment Law Project showed that low-wage jobs have in fact been created more quickly in the last five years, but that trend may be changing. The study revealed that, in the last six months, employment in high-paying positions has finally begun to climb.

Manufacturing Sector in the US Continued Expanding in July

US Manufacturing grew again in July for the 14th consecutive month.  According to a report issued by the Institute for Supply Management the July PMI registered 57.1%, which is an increase of 1.8% from June’s reading of 55.3%. The new…

Revenue Is Key

This month, I had a very insightful conversation with a commercial lending team lead in North Carolina.  When asked about the state of his business, his response was, “We are like every other community bank right now — expenses are…

Strong Growth and Bankers’ Fatigue

In the second quarter of 2014, many of our clients shared with us that their markets are going beyond the point of being overbanked, creating an atmosphere of bankers’ fatigue.  This is a term used by a frustrated Chief Lending…