Phoenix Lending Survey: Inflation is Driving Economic Conditions and Consumer Spending
Phoenix Management’s “Lending Climate in America” survey results reveals the impact inflation is having on global economic conditions and consumer spending.
Phoenix Management’s “Lending Climate in America” survey results reveals the impact inflation is having on global economic conditions and consumer spending.
According to Phoenix Management’s Q2/22 Lending Climate in America survey, supply chain disruptions and continued inflation are the biggest concerns for consumers and the U.S. economy.
According to fourth quarter results from Phoenix Management’s “Lending Climate in America” survey, supply chain constraints are the biggest concern for the U.S economy entering 2022.
Phoenix Management Services appointed Steven Rosenblum and Steven Warsaw as managing directors of the firm’s investment banking affiliate, Phoenix Capital Resources.
Phoenix Management’s “Lending Climate in America” survey results reveal optimism in the U.S. economy with results for the near-term economy exceeding pre-pandemic predictions for the first time since the country shutdown due to COVID.
Phoenix Management Services’ Q4/20 “Lending Climate in America” survey projected a slow and choppy recovery from COVID-19. Lenders expect reduced business opportunities and deterioration of their portfolios to be the greatest risks to their institutions.
COVID-19 will continue to have a major effect on U.S. performance throughout 2020, according to a survey from Phoenix Management. In addition, the survey found that 44% of lenders expect their loan portfolios to remain stable in Q4/20, while 32% expect their loan portfolios to decline.
The COVID-19 pandemic has created pessimism in the U.S. economy’s near-term performance, according to a survey from Phoenix Management. The survey revealed 100% of lenders expect an increase in bankruptcies and loan losses.
Lenders believe the coronavirus pandemic will be the leading economic driver in 2020, according to a survey from Phoenix Management.
Phoenix Capital Resources served as the financial advisor and investment banker to Carroll Consultants in its merger with Cafaro Greenleaf.