CBCI

Citizens Business Conditions Index™ Drops in Q1

Retrieved on: 
Dienstag, April 30, 2024
Banking, Professional Services, Finance, CBCI, ISM, Video game

The national Citizens Business Conditions Index™ (CBCI) fell to 48.2 to start the year as business activity normalized from elevated levels in recent quarters.

Key Points: 
  • The national Citizens Business Conditions Index™ (CBCI) fell to 48.2 to start the year as business activity normalized from elevated levels in recent quarters.
  • However, Citizens’ proprietary data showed softening revenue trends during the period after solid performance across most industries in the second half of 2023.
  • “While the Index shows business conditions dipping in the first quarter, the overall U.S. economy remains fairly healthy,” said Eric Merlis, managing director and co-head of global markets at Citizens.
  • “The first quarter index reading shows a business environment that is slowing as higher interest rates weigh on economic conditions,” said Merlis.

Citizens Business Conditions Index™ Rises in Q4

Retrieved on: 
Dienstag, Januar 30, 2024
Banking, Professional Services, Local government, CBCI, Consumer service, Health care, Optimism, Growth, ISM, Travel, Fed, Material, Energy, Arms industry

The national Citizens Business Conditions Index™ (CBCI) rose to 51.8 in the fourth quarter, supported by continued resilience in the labor market and consumer trends.

Key Points: 
  • The national Citizens Business Conditions Index™ (CBCI) rose to 51.8 in the fourth quarter, supported by continued resilience in the labor market and consumer trends.
  • Citizens’ proprietary data on client revenue also remained strong across most industries.
  • Overall, the fourth quarter CBCI revealed a business environment that is reverting toward its long-term growth trend.
  • The Citizens approach puts clients first by offering great ideas combined with thorough market knowledge and excellent execution, to help our clients enhance their business and reach their potential.

Citizens Business Conditions Index™ Rebounds Slightly in Q3

Retrieved on: 
Montag, Oktober 30, 2023
Finance, Business, Banking, Professional Services, Small Business, Reading, Consumer service, Federal, Growth, CBCI, ISM, Index, Citizenship

A strong labor market and resilient consumer trends supported a slight improvement in economic conditions during the third quarter as inflation showed some signs of abating, according to the national Citizens Business Conditions Index™ (CBCI), released today.

Key Points: 
  • A strong labor market and resilient consumer trends supported a slight improvement in economic conditions during the third quarter as inflation showed some signs of abating, according to the national Citizens Business Conditions Index™ (CBCI), released today.
  • New business applications leveled off during the quarter, but operating conditions for small businesses generally improved as interest rates stabilized following the Federal Reserve’s latest rate hike in July.
  • Citizens’ proprietary data on client revenue was stronger across most industries during the third quarter.
  • The activity data of Citizens’ commercial banking clients was relatively strong across regions, suggesting that conditions at many middle-market and mid-corporate businesses remain positive.

Clark Atlanta University Is One of Ten Locations for the Democracy For the People Tour 2023

Retrieved on: 
Donnerstag, August 3, 2023
CAU, 730th Air Mobility Training Squadron, Congress, Clark Atlanta University, CBCI, Democracy, Leg, Social change

ATLANTA, Aug. 3, 2023 /PRNewswire/ -- Clark Atlanta University is one of 10 locations for the nationwide tour of Democracy For The People, sponsored by the Congressional Black Caucus Institute (CBCI). The stop at CAU will be on August 5 from 10 a.m. to 5 p.m. 

Key Points: 
  • ATLANTA, Aug. 3, 2023 /PRNewswire/ -- Clark Atlanta University is one of 10 locations for the nationwide tour of Democracy For The People, sponsored by the Congressional Black Caucus Institute (CBCI).
  • The stop at CAU will be on August 5 from 10 a.m. to 5 p.m.
    Each two-part event offers a vital town hall with CBCI members, as well as a comprehensive organizer training on pressing matters of democracy and racial equality in America.
  • This program ensures that the voices and concerns of marginalized communities are not only heard but also heeded by decision-makers at the pinnacle of policymaking.
  • Each leg of the tour also will facilitate voter registration and connecting the community to newly trained personnel.

Citizens Business Conditions Index™ dips in Q2

Retrieved on: 
Donnerstag, Juli 27, 2023
Banking, Asset Management, Professional Services, Finance, Health care, Insurance, Collateral damage, Fed, Small business, Weakness, ISM, Federal Reserve, Medicine, Face, CBCI, Consumer service, Video game, Bank, Citizenship, Index

Rapid interest rate increases to curb inflation continue to weigh on economic conditions, according to the national Citizens Business Conditions Index™ (CBCI), released today.

Key Points: 
  • Rapid interest rate increases to curb inflation continue to weigh on economic conditions, according to the national Citizens Business Conditions Index™ (CBCI), released today.
  • A rise in unemployment insurance claims and a slowdown in small business formation caused the Index to dip to 48.5 in the second quarter.
  • The proprietary activity data of Citizens’ commercial banking clients was broadly strong, suggesting that the conditions at many middle-market and mid-corporate businesses remain positive.
  • Up until recently, the labor market has had a stabilizing effect as business conditions search for a new normal.

Congressional Black Caucus Institute's "Democracy for the People" Tour Gains Momentum Following Successful South Carolina Launch

Retrieved on: 
Donnerstag, Juni 29, 2023
Congressional Black Caucus, First Nations Summit, Democracy, CBCI, Social justice, African Americans, Supreme court

"Last month, the Congressional Black Caucus' National Summit on Democracy and Race convened policymakers, community activists and thought leaders to discuss and begin to map out solutions that confront the perpetual threats against our democracy and basic freedoms.

Key Points: 
  • "Last month, the Congressional Black Caucus' National Summit on Democracy and Race convened policymakers, community activists and thought leaders to discuss and begin to map out solutions that confront the perpetual threats against our democracy and basic freedoms.
  • The summit culminated in the formation of Democracy for the People, a national initiative spearheaded by the Congressional Black Caucus Institute to mobilize people of color and a multigenerational coalition in the fight for democracy," says Congressional Black Caucus Institute Executive Director Vanessa Griddine.
  • "This platform arose in response to the expulsion of Black legislators in Tennessee, book bans, and Supreme Court cases on voting rights, redistricting, and affirmative action.
  • We are grateful to the CBCI for spearheading this much needed initiative," says Congressional Black Caucus Chair Steven Horsford.

Citizens Business Conditions Index™ Bounces Back in Q1

Retrieved on: 
Mittwoch, April 26, 2023
Banking, Professional Services, Finance, Health care, Public expenditure, Fed, Employment, ISM, Federal Reserve, CBCI, Consumer service, Reading, Bank, Citizenship, Index

Citizens announced today that its national Citizens Business Conditions Index™ (CBCI) rose to 53.9 in the first quarter, reflecting continued strength in the labor market, more new business openings and positive corporate revenue trends.

Key Points: 
  • Citizens announced today that its national Citizens Business Conditions Index™ (CBCI) rose to 53.9 in the first quarter, reflecting continued strength in the labor market, more new business openings and positive corporate revenue trends.
  • The Index had dipped below 50 during the fourth quarter of last year and the bounce-back during the first quarter signaled a return to positive business conditions.
  • The first-quarter CBCI revealed a business environment that continues to adapt to the year-long rate hike campaign from the Fed.
  • The strong labor market continues to have a stabilizing effect as business conditions search for a new post-tightening normal.

Comcast Business Recognized in 2023 Gartner® Magic Quadrant™ for Network Services, Global

Retrieved on: 
Dienstag, März 7, 2023
Technology, Mobile, Wireless, 5G, Security, Carriers and Services, Communications, Media, Networks, Internet, CBCI, SD, Comcast Business, Magic Quadrant, Acquisition, Research, Growth, Challenger, Visionaries, Completeness, Publication, Comcast, WAN, Social networking service, Carrier, Senior, Cryptocurrency, Management, Mobile phone, Gartner, Masergy Communications

Comcast Business today announced it has been recognized in the 2023 Gartner Magic Quadrant for Network Services, Global.

Key Points: 
  • Comcast Business today announced it has been recognized in the 2023 Gartner Magic Quadrant for Network Services, Global.
  • The Gartner Magic Quadrant for Network Services, Global evaluates 12 global network service providers’ Completeness of Vision in the market and their Ability to Execute their services effectively against Gartner’s view of the market.
  • This recognition marks the first time Comcast Business has been included on the Network Services, Global, Magic Quadrant.
  • “We believe this most recent Gartner recognition further validates our vision and ability to execute globally and underscores our commitment to partnering with global enterprises for all their secure networking needs.”
    Learn why Comcast Business was recognized and get the latest insights from Gartner on navigating the global network services market by accessing the report here: Comcast Business Recognized in 2023 Gartner® Magic Quadrant™ Network Services, Global .

Citizens Business Conditions Index™ Drops Sharply in Q4

Retrieved on: 
Dienstag, Januar 24, 2023
Professional Services, Business, Small Business, Human Resources, Finance, Banking, Federal Reserve, CBCI, Travel, Weather, ISM, Treasury, Reading, Fed, Index, Growth, Recreation, Federal, Employment, Overalls, Consumer, Dairy, Cryptocurrency, Video game, Citizenship, Points of the compass

While business activity moderated, underlying components of the index were mixed, showing some areas of strength in the period.

Key Points: 
  • While business activity moderated, underlying components of the index were mixed, showing some areas of strength in the period.
  • The proprietary activity data of Citizens’ commercial banking clients, a component of the index, was strong, suggesting that the conditions at middle-market businesses remained positive.
  • Yet, the tightness in the labor market could have a stabilizing effect as business conditions search for a new post-tightening normal.
  • The Citizens approach puts clients first by offering great ideas combined with thorough market knowledge and excellent execution, to help our clients enhance their business and reach their potential.

Citizens Business Conditions Index™ Bounces Back in Q3

Retrieved on: 
Dienstag, Oktober 25, 2022
Supply Chain Management, Professional Services, Retail, Manufacturing, Finance, Other Manufacturing, Banking, LinkedIn, Federal, Housing, Employment, COVID, District, Fed, Institute for Supply Management, Treasury, Twitter, Retail banking, Federal Reserve, Institute, Budget, Acquisition, ATM, CBCI, Small business, Commercial bank, Environment, Public utility, Solution, Consumer, Renewable energy, Facebook, Index, Citizenship, Q2

The national Citizens Business Conditions Index (CBCI) rose to 56.1 in the third quarter, regaining momentum after a drop in second quarter economic sentiment prompted by inflation concerns.

Key Points: 
  • The national Citizens Business Conditions Index (CBCI) rose to 56.1 in the third quarter, regaining momentum after a drop in second quarter economic sentiment prompted by inflation concerns.
  • This quarters score extends the indexs streak to eight straight quarters above 50, indicating continued growth conditions for businesses.
  • The Index draws from public information and proprietary corporate data to establish a unique view of business conditions across the country.
  • An index value greater than 50 indicates expansion and points to positive business activity for the next quarter.