Welcome!

News Feed Item

D&B’s U.S. Economic Health Tracker Shows 297,000 Non-Farm Jobs Added in May

D&B (NYSE:DNB), the world’s leading source of commercial information and insight on businesses, today announced an estimated 297,000 new non-farm jobs were added to U.S. payrolls in May, according to D&B’s May U.S. Economic Health Tracker. This report provides a monthly, multi-dimensional perspective on the U.S. economy, including small business health, total job growth, and overall U.S. business health.

U.S. businesses added jobs at a stronger pace in May 2014 compared to April, with the business services and trade/transportation/utilities segments showing marked employment growth. At the same time, D&B’s Small Business Health Index continued to stabilize, owing to on-time bill and credit-card payments. Additionally, overall U.S. business health improved once again in May, according to the U.S. Business Health Index, signaling a lower risk of overall business failure.

“The big question for us is, ‘Has spring sprung?’ We believe the expansion is accelerating but at a pace slower than we originally expected,” said Paul Ballew, Chief Data & Analytics Officer, D&B. “While many of the structural impediments for U.S. business have been removed, like credit availability, lackluster global economic growth and uncertainty still constitute significant challenges. We believe second-quarter growth will be above 3 percent, but we are downgrading our outlook for the year.”

Ballew will host a briefing webinar and conference call to discuss D&B’s monthly economic perspective at 11:30 AM EDT on June 3, 2014.

May 2014 Highlights

View the D&B U.S. Economic Health Tracker Infographic at www.dnb.com/tracker.

           
U.S. Small Business Health Index         Small business performance stabilizing, owing to robust credit card and bill payments.

U.S. Jobs Health

        An estimated 297,000 new non-farm jobs were added to U.S. payrolls in May 2014, with strong gains in business services and trade/transportation/utilities.
U.S. Business Health         Overall U.S. business health strengthened by 7.3 percent year-over-year in May 2014, the highest recorded level since the index began in December 2010.
       

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:

  • D&B Small Business Health Index, the foremost leading indicator on the overall health of this critically important sector. The index is based on a number of proprietary indicators including credit usage and overall business performance.
  • D&B U.S. Jobs Health Indicator, utilizing D&B’s comprehensive proprietary measures, we are providing a forecast of new, non-farm payroll jobs added across key verticals such as manufacturing, retail, real estate, construction, business services, transportation, and utilities.
  • D&B U.S. Business Health Index, a comprehensive measure on the overall health of businesses in the US. The index leverages three D&B advanced analytic products (D&B’s Viability Score™, D&B Delinquency Predictor™, and D&B Total Loss Predictor™) and provides a holistic view of the current and future health of all active businesses.

D&B publishes its monthly U.S. Economic Health Tracker on the first Tuesday morning of most months, issuing a public advisory one week in advance to confirm pending announcement date. Reporting periods will reflect the most current and complete month. For example, information contained in the June 3, 2014 report is based on data available as of May 30, 2014.

Other information, including the 2014 planned publishing schedule, FAQs, and archived reports can be accessed at www.dnb.com/tracker. Follow D&B Economic Insight daily on Twitter at @DnBEconomy.

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.

D&B provides solution sets that meet a diverse set of customer needs globally. Customers use D&B Risk Management Solutions™ to mitigate credit and supplier risk, increase cash flow and drive increased profitability, and D&B Sales & Marketing Solutions™ to provide data management capabilities that provide effective and cost efficient marketing solutions to increase revenue from new and existing customers. For more information, please visit www.dnb.com or follow @DnBUS.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
DXWorldEXPO LLC announced today that Kevin Jackson joined the faculty of CloudEXPO's "10-Year Anniversary Event" which will take place on November 11-13, 2018 in New York City. Kevin L. Jackson is a globally recognized cloud computing expert and Founder/Author of the award winning "Cloud Musings" blog. Mr. Jackson has also been recognized as a "Top 100 Cybersecurity Influencer and Brand" by Onalytica (2015), a Huffington Post "Top 100 Cloud Computing Experts on Twitter" (2013) and a "Top 50 C...
"Venafi has a platform that allows you to manage, centralize and automate the complete life cycle of keys and certificates within the organization," explained Gina Osmond, Sr. Field Marketing Manager at Venafi, in this SYS-CON.tv interview at DevOps at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
"This week we're really focusing on scalability, asset preservation and how do you back up to the cloud and in the cloud with object storage, which is really a new way of attacking dealing with your file, your blocked data, where you put it and how you access it," stated Jeff Greenwald, Senior Director of Market Development at HGST, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
In a world where the internet rules all, where 94% of business buyers conduct online research, and where e-commerce sales are poised to fall between $427 billion and $443 billion by the end of this year, we think it's safe to say that your website is a vital part of your business strategy. Whether you're a B2B company, a local business, or an e-commerce site, digital presence is key to maintain in your drive towards success. Digital Performance will take priority in 2018 for the following reason...
Rodrigo Coutinho is part of OutSystems' founders' team and currently the Head of Product Design. He provides a cross-functional role where he supports Product Management in defining the positioning and direction of the Agile Platform, while at the same time promoting model-based development and new techniques to deliver applications in the cloud.
All organizations that did not originate this moment have a pre-existing culture as well as legacy technology and processes that can be more or less amenable to DevOps implementation. That organizational culture is influenced by the personalities and management styles of Executive Management, the wider culture in which the organization is situated, and the personalities of key team members at all levels of the organization. This culture and entrenched interests usually throw a wrench in the work...
Leading companies, from the Global Fortune 500 to the smallest companies, are adopting hybrid cloud as the path to business advantage. Hybrid cloud depends on cloud services and on-premises infrastructure working in unison. Successful implementations require new levels of data mobility, enabled by an automated and seamless flow across on-premises and cloud resources. In his general session at 21st Cloud Expo, Greg Tevis, an IBM Storage Software Technical Strategist and Customer Solution Architec...
Business professionals no longer wonder if they'll migrate to the cloud; it's now a matter of when. The cloud environment has proved to be a major force in transitioning to an agile business model that enables quick decisions and fast implementation that solidify customer relationships. And when the cloud is combined with the power of cognitive computing, it drives innovation and transformation that achieves astounding competitive advantage.
IoT is rapidly becoming mainstream as more and more investments are made into the platforms and technology. As this movement continues to expand and gain momentum it creates a massive wall of noise that can be difficult to sift through. Unfortunately, this inevitably makes IoT less approachable for people to get started with and can hamper efforts to integrate this key technology into your own portfolio. There are so many connected products already in place today with many hundreds more on the h...
In his session at Cloud Expo, Alan Winters, U.S. Head of Business Development at MobiDev, presented a success story of an entrepreneur who has both suffered through and benefited from offshore development across multiple businesses: The smart choice, or how to select the right offshore development partner Warning signs, or how to minimize chances of making the wrong choice Collaboration, or how to establish the most effective work processes Budget control, or how to maximize project result...
"Software-defined storage is a big problem in this industry because so many people have different definitions as they see fit to use it," stated Peter McCallum, VP of Datacenter Solutions at FalconStor Software, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
"Our strategy is to focus on the hyperscale providers - AWS, Azure, and Google. Over the last year we saw that a lot of developers need to learn how to do their job in the cloud and we see this DevOps movement that we are catering to with our content," stated Alessandro Fasan, Head of Global Sales at Cloud Academy, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
Personalization has long been the holy grail of marketing. Simply stated, communicate the most relevant offer to the right person and you will increase sales. To achieve this, you must understand the individual. Consequently, digital marketers developed many ways to gather and leverage customer information to deliver targeted experiences. In his session at @ThingsExpo, Lou Casal, Founder and Principal Consultant at Practicala, discussed how the Internet of Things (IoT) has accelerated our abilit...
In his keynote at 19th Cloud Expo, Sheng Liang, co-founder and CEO of Rancher Labs, discussed the technological advances and new business opportunities created by the rapid adoption of containers. With the success of Amazon Web Services (AWS) and various open source technologies used to build private clouds, cloud computing has become an essential component of IT strategy. However, users continue to face challenges in implementing clouds, as older technologies evolve and newer ones like Docker c...
Data is the fuel that drives the machine learning algorithmic engines and ultimately provides the business value. In his session at Cloud Expo, Ed Featherston, a director and senior enterprise architect at Collaborative Consulting, discussed the key considerations around quality, volume, timeliness, and pedigree that must be dealt with in order to properly fuel that engine.