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Weekly News Digest
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October 19, 2017 — In addition to this week's NewsBreaks article and the monthly NewsLink Spotlight, Information Today, Inc. (ITI) offers Weekly News Digests that feature recent product news and company announcements. Watch for additional coverage to appear in the next print issue of Information Today. For other up-to-the-minute news, check out ITI’s Twitter account: @ITINewsBreaks.
CLICK HERE to view more Weekly News Digest items.
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Report Shows Businesses Optimistic About Their Growth
D&B released the results of a report finding that “[m]ore U.S. businesses are reporting profits and increased hiring, with greater confidence in their ability to grow over the next 12 months; but demand for financing is trending down. …” In Q3 2017, 87% of respondents were extremely or somewhat confident that their business would grow, compared to 80% of respondents in Q3 2016. “In addition, businesses also are increasingly optimistic that revenue growth will occur in the next 12 months,” with 8.3% expecting positive revenues in Q3 2016 and 9.2% in Q3 2017. However, “[f]inancing for planned growth or expansion, including acquisitions not yet realized was down” from 66% in Q2 2017 to 62% in Q3 2017.For more information, read the press release.
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Brandi Scardilli
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