Blogs

Commonly known as the Beige Book, this report is published eight times per year. Each Federal Reserve Bank gathers anecdotal information on current economic conditions in its District through reports from Bank and Branch directors and interviews with key business contacts, economists, market experts and other sources. The Beige Book summarizes this information by District and sector. An overall summary of the twelve district reports is prepared by a designated Federal Reserve Bank on a rotating basis. Overall Economic Activity Retail sales, including autos, remained mixed; sales of...

Banking partners you can count on to help you achieve growth goals These are dynamic times for businesses in Fresno and across California’s Central Valley. The region continues to expand, offering opportunities for new and established businesses. Like the rest of the country, the region faces economic uncertainties. Still David Triplitt, President and CEO of Premier Valley Bank, a division of HTLF Bank, is optimistic that market and financial indicators look good for halting or slowing inflation in 2024. The Valley is “growing and it’s mainly based on affordability,” attracting newcomers from...

Economic hurdles are still a major factor for businesses in 2024. Many are recovering from the Great Resignation and employee retention has never been more important for resiliency. On the other hand, many businesses are seeking new ways to streamline cash flow, increase operational efficiency, and retain clients. After conducting compelling research and interviews with subject matter experts, Financial Feed covers valuable insights on the economy, business strategies, and more. In it, you’ll discover: Employee retention strategies that impact the bottom line Business strategies for resiliency...

Between costs like rent, inventory, and payroll, it can be hard for businesses to cover expenses. Even if you have enough cash on hand to fulfill your obligations, an unexpected cost could derail your operation. Could a business credit card help? High interest rates might make you hesitant to open up a credit card for your business; however, obtaining a business card can be advantageous in certain circumstances. But before determining if this financial tool is right for your business, you first need to know its ins and outs. Why Should a Small Business Have a Credit Card? The idea of charging...

Wondering what your aging accounts receivable report can reveal? Uncover five pivotal insights to gain a deeper understanding of your financial landscape. Before we dive into how you can use your aging AR report, let’s establish what it is and what it can tell you about your company. An aging accounts receivable report is a business report that shows customer payment status against current invoices. As a management tool, it’ll tell you when specific customers become credit risks and if your company should continue the relationship. The typical AR report has columns broken into 30-day segments...