PCA Survey Shows Businesses Reporting Profits | PR Newswire
Businesses Report Greater Confidence in Their Likelihood to Grow Over the Next 12 Months However, Demand for Financing Trending Down
An article in PR Newswire highlights the Private Capital Access (PCA) Index third-quarter findings. The survey is conducted quarterly by the Pepperdine Graziadio Business School in partnership with Dun & Bradstreet Corp. Q3 PCA Index results show signs that businesses are experiencing more confidence in growth than they were a year prior, while demand for financing is trending down.
Dr. Craig R. Everett, Assistant Professor of Finance and Director of the Pepperdine Private Capital Markets Project, is quoted in the piece: "U.S. businesses are doing well, but these results suggest to us they are planning for an uncertain future by lowering their debt levels. Slowing revenue growth is the cause for uncertainty but other business fundamentals are strong."