As reported by brokers as they talked with business buyers: “reflects issues driving buyers to market to acquire businesses with enterprise value of less than $2 million.” Customer base and Labor are the top two reasons.
Despite the disappointing jobs report it did show improvement, even if below expectations. As outlined by Axios: The big shocker of today’s jobs report: More than half a million people entered the labor force, the biggest influx in over a year. Why it matters: A giant cloud over the recovery… Read More »Flux In The Workforce
Manufacturing activity continued to tick up last month as pockets of the supply chain showed signs of relief, according to a new survey from the Institute for Supply Management, Axios’ Hope King writes. Why it matters: Despite facing nearly two years of supply chain and consumer demand anomalies, manufacturers continued… Read More »November 2021 Manufacturing PMI
Figure shows the top issues driving sellers to market, for businesses closed or under contract with enterprise value of less than $2 million in Q3. After labor issues, some sellers are entering the market because cash flow has not returned to pre-COVID levels. Meanwhile, other sellers are entering the market… Read More »2021 Seller Drivers (enterprise value < $2m)
As we see college attendance dropping, we are also seeing more young people being Entrepreneurs, we are excited about all these new business owners entering the market. As outlined by Axios: Entrepreneurship rebounded this summer to its highest level since just before the financial crisis. The asterisk: “Young people, women… Read More »Self Employment At 10 Year High
With the new COVID-19 variant out travel stock tumble as outlined by Statista: While the world was holding its breath, waiting for new information on the latest, possibly more dangerous strain of COVID-19 that was discovered last week, markets reacted nervously on Friday. Stock prices sank and safe haven assets… Read More »More Troubles in the skies
This year trouble has been brewing in the skies, as outlined in USAFacts Article: And while skies are a little more crowded, the friendly skies are less friendly since the pandemic started, according to data from the Federal Aviation Administration. As of mid-November, there was 5,240 unruly passenger reports and 3,798… Read More »Federal Aviation Administration
The US tech companies just dominate market cap compared to the largest European companies. As outlined by this article by Statista: As the following chart shows, the power and financial clout wielded by the five companies often summed up as Big Tech is unmatched in Europe. While Apple, Microsoft, Alphabet… Read More »Market Cap of US vs Euro Companies
As we touched on yesterday travel is up, not quite 2019 levels however up as reported by Axios: Air travel is closing in on pre-pandemic levels, Axios’ Hope King reports. What to watch: The total number of people traveling for Thanksgiving this year — by car, bus, train or plane… Read More »TSA Thanksgiving Throughput
Air travel is creeping back up to 2019 levels. As outlined by Statista: In the second year of the coronavirus pandemic, the number of Americans who plan to travel for the upcoming Thanksgiving holidays is expected to only be around 5 percent lower than in 2019. In 2020, the number had still… Read More »2nd Pandemic Thanksgiving Travel