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National survey finds business owners, executives believe 2023 recession likely

Survey: Business owners, executives believe 2023 recession likely

Provident Bank's 2023 Economic Outlook Survey reveals 67% of respondents believe the U.S. is likely to enter a recession this year.

Competitive pressures on small lenders ease as refinances diminish

The shift in refi behavior in the wake of multiple Federal Reserve interest rate hikes helped fuel a loan growth trend that's expected to continue through year-end.

National Survey Finds Nearly 75% of U.S. Businesses Have Been Affected by the Labor Shortage

57% of professionals surveyed said their company has instated a work from home or hybrid work option to retain or attract talent ISELIN, N.J., Oct. 20, 2022 (GLOBE NEWSWIRE) Provident Bank, a leading New Jersey-based financial institution, has released the results of its 2022 National Labor/Staffing Shortage Survey. The survey includes insights from 1,000 hiring managers

75% of Businesses Have Been Affected by the Labor Shortage

Approximately 75% of American businesses have been affected by the current labor shortage, as both small and large companies nationwide