News by subject: Economic News/Analysis

According to a new forecast from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker, global shipments of smartphones will decline 3.2% in 2023, totaling 1.17 billion units for the year. This is a downward revision from...

The Q1 2023 Apex Next Investor Outlook (ANIO) report revealed surprising investing trends across generations in response to major market-moving triggers, including the fallout from the Silicon Valley Bank crisis and ongoing stock volatility. The...

? Real estate investors purchased 48.6% fewer homes in the first quarter of 2023 than they did a year earlier as elevated interest rates along with declining rents and housing values ate into potential profits, according to a new report from Redfin...

Today, airports, chambers of commerce, businesses, and community organizations around the country joined together to form the Coalition to Protect America's Regional Airports (CPARA), a nationwide coalition working to protect regional airports and...

TrendForce reports the total sales of New Energy Vehicles (NEVs)?comprising BEVs, PHEVs, and FCVs?reached 2.656 million units in the first quarter of 2023, marking a 28% YoY increase. Sales of BEVs contributed 1.942 million units to this total, a YoY...

AM Best is maintaining its outlook on Italy's non-life insurance segment at negative. In its new Best's Market Segment Report, "Market Segment Outlook: Italy Non-Life Insurance," AM Best says the challenging macroeconomic environment will continue...

AM Best is maintaining its outlook on Italy's life insurance segment at negative. In its new Best's Market Segment Report, "Market Segment Outlook: Italy Life Insurance," AM Best says the challenging economic environment is likely to remain a...

As the US and countries around the globe face a very challenging macroeconomic environment, most Venture Capitalists have put the brakes on technology funding. Furthermore, CEO's at public and private companies alike are feverishly pivoting to...

? The number of Redfin.com users looking to move to a different part of the country is down 6% from a year earlier, the biggest drop on record, as the overall U.S. housing market remains cool in the face of high mortgage rates and economic...

Dole plc is set to join the broad-market Russell 3000® Index and the small-cap Russell 2000® Index at the conclusion of the 2023 Russell indexes annual reconstitution, effective after the US market opens on June 26, 2023. Annual Russell indexes...

? Housing payments hit a new high this week as mortgage rates jumped due to progress on a possible debt-ceiling deal. That's according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Daily average rates hit...

During the regular meeting of Port Commission of the Port of Houston Authority on Tuesday, Port Houston Chairman Ric Campo announced the results of the latest study of the economic impact of the Houston Ship Channel and Port Houston. "The Houston...

KBRA releases research examining April 2023 retail sales. This month's report discusses the gap in retail sales growth relative to year-over-year inflation and why the Federal Reserve has signaled a potential pause in the rate tightening cycle....

Cadre, a leading technology-driven real estate investment manager, today announced the results of a survey on current investment and retirement attitudes among U.S. investors. The survey found that nearly 8 in 10 American investors are rethinking...

According to Fidelity Investments' recent Retirement Savings Assessment, the challenging economic environment, pandemic and market volatility of the last several years has left many Americans households saving less and investing more conservatively....

CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today released its monthly Loan Performance Insights Report for March 2023. For the month of March, 2.6% of all mortgages in the U.S. were in some...

In "The Illusion of Bitcoin," CSL Consulting President Christopher Laursen and Director Alison Fitzgerald shed light on the true nature of Bitcoin and tackle critical challenges facing the world's oldest and most well-known "cryptocurrency." "We...

The latest survey of grocery shoppers by FMI ? The Food Industry Association for its U.S. Grocery Shopping Trends 2023 series, reveals that the meaning of "good value" is becoming more complex as consumers navigate grocery aisles. The analysis...

CBIZ, Inc. , a leading provider of financial, insurance and advisory services, has released the results of its Q2 2023 Main Street Index, taking the pulse of and gauging the outlook for small and midsize businesses (SMBs) amid the current economic...

Machine control ? the automation of construction equipment ? is key to attracting new talent and addressing the skills shortage in the sector, according to construction professionals surveyed in a new report by Topcon Positioning Systems....

Over the past decade, food insecurity rates declined significantly across our community. Ten years ago, one in six north Georgia neighbors ? about 900,000 people ? identified as food insecure, lacking consistent access to enough food to live an...

Economic profits in 2022 increased materially vs. the prior year across publicly held banks in the US with JPMorgan Chase & Co., Bank of America Corp, Wells Fargo & Company, and Citigroup Inc contributing more than 72% of the improvement. However,...

The pandemic housing market era has made home price-growth trends more local in the last year than they have been since 2009, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Metro-to-metro...

Nearly 70% of Gen Z and millennial1 consumers believe the current economic environment is hurting their ability to be financially independent adults and more than 1 in 4 don't feel optimistic about their current financial situation, according to new...

In this year's edition of our flagship annual publication, Barclays Research analysts delve into several supply shocks the world is likely to face in coming years and how they might impact the global economy. Analysts find that on almost all fronts,...

KBRA releases its first-quarter 2023 U.S. Bank Compendium, providing the latest view of the U.S. banking industry and analysis of 1Q23 results for U.S. banks with KBRA long-term ratings. In this edition, we discuss the U.S. banking industry landscape...

One in four US employees said they would struggle to find a new job if they lost their current one, according to Qualtrics research that offers another sign The Great Resignation is fading into the rearview mirror as the job market tightens. US...

? The median U.S. home-sale price fell 2.7% during the four weeks ending May 14, the smallest decline in over a month. That's according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Monthly mortgage...

Kyriba's Currency Impact Report (CIR), a comprehensive quarterly report which details the impacts of foreign exchange (FX) exposures among 1,200 multinational companies based in North America and Europe with at least 15 percent of their revenue...

E2open Parent Holdings, Inc. , the connected supply chain SaaS platform with the largest multi-enterprise network, has released the latest edition of its Ocean Shipping Index, a quarterly benchmark report that provides insight for decision-making...

Rootstock Software today announced results from its sponsored study, which reveals that despite inflation and other economic concerns, more than three-quarters of manufacturers (75.2%) responding to the survey have plans to boost their software...

Fiverr International Ltd. , the company that is revolutionizing how the world works together, today released its sixth annual Freelance Economic Impact Report. The comprehensive study identifies and profiles the largest markets in the United States...

Wing Venture Capital, a venture capital firm investing in early-stage companies driving the AI-first transformation of business, today announced the fifth annual Enterprise Tech 30?a definitive list of the most promising, private enterprise tech...

Provo-Orem, Utah, for the 3rd consecutive year, has demonstrated the best performance among large cities, according to the 2023 Milken Institute Best-Performing Cities Index. Among small cities, Idaho Falls, ID, regained the first position this year...

Today, the Japan Automobile Manufacturers Association U.S. office (JAMA USA) released its annual contributions update including data from Rutgers University Economics Professor Thomas J. Prusa, PhD. The contributions update shows that...

Cost-of-living concerns are top of mind amongst Americans while rent-to-income ratios (RTI) remained elevated in Q1, according to Moody's Analytics US State of Rent Burden report and data interactive tool. While seasonal slowness and rising...

The Conference Board of Canada (CBOC) expects significant and lasting economic benefits for Nova Scotians and all Canadians as a direct result of investment and innovation in the global space sector. Specifically, the CBOC's recently released...

Alight , a leading cloud-based human capital technology and services provider, today hosted an investor day at the New York Stock Exchange. During the event, Alight executives presented on the Company's platform strategy and shared mid-term financial...

The 2022 net combined ratio for the property/casualty insurance industry was 102.4, with underwriting losses for personal lines partially offset by underwriting gains for commercial lines. The divergence in performance was particularly stark, with...

Today, Brown Brothers Harriman & Co. (BBH) released the results of its inaugural Private Business Owners Survey which found that despite challenging economic conditions, from rising interest rates and inflation to geopolitical tensions, and the labor...

Family enterprise owners and their executives generally do a superb job managing risks to the business?but often don't apply the same rigor when it comes to family and personal risk. And recent substantial hikes in property and casualty insurance...

Experts from Wolters Kluwer Finance, Risk & Regulatory Reporting (FRR) will offer insights at the "Transforming and Improving Financial Risk Management with International Principles and Standards" event taking place on Tuesday, May 16, at the Melia...

Policymakers and business leaders from around the world are deliberating over how to tackle obstacles to sustainable development during the Islamic Development Bank (IsDB) Group's Annual Meetings underway in Jeddah, Kingdom of Saudi Arabia. Held...

AM Best is maintaining its outlook for Spain's life insurance segment at negative. In its new Best's Market Segment Report, "Market Segment Outlook: Spain Life Insurance," AM Best cites a number of factors supporting its negative outlook, including...

Today, Utah Attorney General Sean D. Reyes appeared before the U.S. House Committee on Oversight and Accountability to provide testimony on the critically important issue of how Environmental Social and Governance (ESG) factors distort the American...

? The median U.S. asking rent rose 0.3% year over year to $1,967 in April?the 11th-consecutive month of slowing growth, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. That compares to a revised...

? Limited inventory and elevated mortgage rates continue to suppress U.S. home sales as we enter the heart of spring, typically a hot homebuying season, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage....

In the wake of a significant jump in births following the end of most COVID-19 restrictions, ARC Fertility, a pioneer in innovative fertility treatment options, today called for American employers to explore new ways to offer benefits that support...

Magnittm, the industry-leading integrated workforce management (IWM) platform provider, today released the findings of its Spring 2023 U.S. Labor Market Report. The report revealed significant changes across the talent landscape caused by...

Accurate Group, a leading provider of technology-driven real estate appraisal, title data, analytics, and e-closing solutions, today released its 2023 U.S. Housing Equity Loan Survey. The survey was sent to 1,000 consumers across the nation in Q1...