SHORT HILLS, N.J.--(BUSINESS WIRE)--Dun & Bradstreet (NYSE:DNB), the world’s leading source of commercial information and insight on businesses, today released the July 2014 U.S. Economic Health Tracker which provides a monthly, multi-dimensional perspective on the U.S. economy, including small business health, total job growth, and overall U.S. business health. The report revealed that the U.S. added an estimated 244,000 new non-farm jobs in June, with strong gains in business services and retail.
“While we see incremental improvements across the board in the U.S. economy, the pace of the expansion is likely to remain subdued due to hesitant increases in business investment,” said Paul Ballew, Chief Data & Analytics Officer, Dun & Bradstreet. “Consequently, we are taking a more cautious view for 2014 but have reason to be optimistic that these continued improvements will pave the way for a faster recovery in 2015."
Ballew will host an interactive briefing and Webinar to provide further insights on Dun & Bradstreet’s monthly economic perspective in more detail at 11:30 AM EDT today. You may register for the Webinar here.
June 2014 Highlights
View the D&B U.S. Economic Health Tracker Infographic at www.dnb.com/tracker.
|Small Business Health Index||Sharp increases in on-time bill payments helped boost the small business sector during the reporting period.|
|U.S. Jobs Health||An estimated 244,000 new non-farm jobs were added to U.S. payrolls in June 2014, with strong gains in business services and retail.|
|U.S. Business Health||Overall U.S. business health strengthened by 7.6% year-over-year in June 2014.|
About D&B’s U.S. Economic Health Tracker
This forward-looking perspective on the U.S. economy offers insights and monthly data using three macro indicators: (i) the D&B Small Business Health Index, (ii) the D&B U.S. Jobs Health Indicator; and (iii) the D&B U.S. Business Health Index. The index also leverages three D&B advanced analytic products (D&B’s Viability Score™, D&B Delinquency Predictor™, and D&B Total Loss Predictor™). D&B publishes its monthly U.S. Economic Health Tracker on the first Tuesday morning of most months and reporting periods reflect the most recent and complete month.
About Dun & Bradstreet® (D&B)
The Dun & Bradstreet Corporation is the world's leading source of commercial data, analytics and insight on businesses, or “content.” Our global commercial database contains more than 235 million business records. We transform commercial data into valuable insight which is the foundation of our global solutions that customers rely on to make critical business decisions.
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