Category: News Updates

Small businesses across the country will have access to $17.4 million in funding to help them enter and compete in the global marketplace, as the Small Business Administration – and Delaware business will have $276,741 of it. “Exports are a central part of America’s economic growth; with export-supported jobs paying 15-18 percent more. Yet less…

WASHINGTON (AP) — Congress’ official budget analyst projected Tuesday that this year’s federal deficit will drop to $426 billion, the lowest shortfall of Barack Obama’s presidency. But the annual summertime update by the nonpartisan Congressional Budget Office also contained words of warning. It cautioned that without action by lawmakers, annual federal deficits will surge upward…

By: Federal Reserve Bank of Philadelphia Manufacturing activity in the region increased in August, according to firms responding to this month’s Manufacturing Business Outlook Survey. The indicators for general activity are holding fairly steady and suggest modest growth. While firms reported increased shipments compared with the prior month, the current indicators for new orders and…