Also: PPP notice details procedures for changes of ownership; NAFCU flags concerning signs from Sept. jobs report
NAFCU TODAY | The News You Need Daily.
October 5, 2020
----------
----------
This week: NAFCU stays focused on CU priorities as election nears [ [link removed] ]
As the 2020 presidential election is now less than a month away, NAFCU's award-winning advocacy is keeping credit union priorities top of mind among current lawmakers and candidates. The association's Grassroots Action Center is a great resource for credit unions looking to engage with lawmakers on key issues, and NAFCU has dedicated resource pages with details on the industry's top concerns.
New PPP notice details changes of ownership [ [link removed] ]
The Small Business Administration (SBA) released a new procedural notice detailing the required procedures for changes of ownership of an entity that has received paycheck protection program (PPP) funds.
September jobs report falls below expectations [ [link removed] ]
"The September jobs report was a troubling one, as job growth fell below expectations and thousands left the workforce," said NAFCU Chief Economist and Vice President of Research Curt Long. Non-farm payrolls rose 661,000 during the month, and while the unemployment rate fell 0.5 percentage points to 7.9 percent, the labor participation rate also fell – dropping 0.3 percentage points to 61.4 percent.
Vehicle sales continue rebound but growth expected to taper in Q4, NAFCU says [ [link removed] ]
Total vehicle sales continued to recover in September, rising from August's 15.2 million annualized units to 16.3 million during the month. NAFCU Chief Economist and Vice President of Research Curt Long noted that vehicle sales are "just 4 percent below year-ago levels," in a new Macro Data Flash report.
----------
----------
----------
NAFCU Calendar: [link removed]
----------
--------------------------------------------
JOIN THE CONVERSATION:
LINKEDIN: [link removed]
FACEBOOK: [link removed]
TWITTER: [link removed]
YOUTUBE: [link removed]
BLOGS: [link removed] ]
---------------------------------------------
Send feedback [ mailto:
[email protected] ]
Subscribe now to NAFCU Today [ [link removed] ]
Opt out of NAFCU Today? [ [link removed] ]
Update your communication preferences [ [link removed] ]
Unsubscribe to ALL of NAFCU's emails. [ [link removed] ]
NAFCU Today? is published weekdays by the National Association of Federal Credit Unions.
3138 10th Street North | Arlington, VA 22201 | email:
[email protected] [ mailto:
[email protected] ] | phone: (703) 522-4770; (800) 344-5580
?
Powered by Higher Logic [link removed]
