Optimistic about their prospects in 2015, U.S. businesses are expecting to shed cash holdings during the first quarter. This is the key takeaway from the January 2015 results of the AFP Corporate Cash Indicators®, underwritten by Capital One Bank.
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Three takeaways from the past week:
- Corporate cash levels are expected to contract during the first quarter, reflecting building confidence in U.S. business conditions.
- Despite growing at a slower pace during December, U.S. business activity during the fourth quarter was robust.
- Home sales activity picked up during December, even as home supplies tightened.
Attached to the back of this issue of AFP EconWatch is a two-page summary of the January 2015 AFP Corporate Cash Indicators®.
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