Expansion On Paper. A Squeeze Underneath.
A factory index above 50 reads as a growth signal, but hiring is still contracting and input costs are still high. Why financing sized to the headline misreads a margin story as a volume story.
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borrowing capacity
2 insights
Your Borrowing Capacity Is Shrinking While You Wait
The rate outlook flipped and commercial bankruptcy filings are climbing. Why the debt capacity you modeled last year is shrinking, and how to bring current assumptions to the lender call.
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