The cost of digital marketing is increasing, according to this article from Axios: Digital ad prices are soaring, forcing businesses to rethink their entire marketing strategies. Why it matters: At the same time digital ads are getting more expensive, they’re also getting harder to target, creating big barriers to entry for… Read More »Online Advertising Costs Are Way Up
Natural Gas Prices are spiking in Europe has been the topic of discussion these past few days. According to Axios: The stunning rise in European natural gas and power prices is walloping energy-hungry industries and consumers, Axios’ Ben Geman reports. There are many causes, but cold weather early this year,… Read More »Natural Gas Price in Europe
Inflationary pressures are pushing Bitcoin up. As stated by Axios: Bitcoin crept above $50,000 today for the first time since Sept. 7 — when El Salvador became the first country to use the cryptocurrency as legal money. Driving the news: Bank of America initiated research coverage of cryptocurrency this week, saying… Read More »Bitcoin Bounces Back
Inflation is up and inflationary pressures are still on. As outlined in MarketWatch: The numbers: The cost of goods and services rose sharply again in August and left the rate of U.S. inflation at a 30-year high, with all signs pointing to price pressures snaking into next year. The personal… Read More »Inflation up in August
According to BEA (The U.S. Bureau of Economic Analysis): Real gross domestic product (GDP) increased in all 50 states and the District of Columbia in the second quarter of 2021, as real GDP for the nation increased at an annual rate of 6.7 percent, according to statistics released today by… Read More »2021 Q2 Real GDP Changes By State
According to Axios: Momentum is still building in the housing market. Pending home sales jumped 8.1% in August — far exceeding analyst expectations for around 1% growth. State of play: Pending sales, or signed contracts, had cooled during the prior two months, though remained above pre-pandemic levels. The latest figures, out… Read More »Home Sales Are Still Hot
Business Roundtable CEO Josh Bolten told reporters: All of our members are concerned … every one of them will get hit with a much higher tax bill, which makes it harder for them to raise wages or make investments Increasing taxes on America’s largest job creators by almost $1 trillion—nearly… Read More »CEOs Raise Concers With Higher Taxes
According to Axios: Demand for durable goods grew to a recent record in August, Axios’ Hope King writes. New orders reached $263.5 billion, the Commerce Department said on Monday, a 1.8% increase over July. Expectations were for 0.6% growth. Driving the news: Demand for transportation equipment drove the growth. Meanwhile, defense… Read More »Manufactures’ Expenditures for Durable Goods
As outlined by Statista: Successful business enterprises are they key to the wealth of the world’s richest families. According to a ranking by Bloomberg, three American families top the ranking of the world’s wealthiest. The top 2 – The Waltons and the Mars family – deal in consumer goods, while the Kochs in… Read More »The World’s Richest Families
As outlined in https://www.bea.gov/news/2021/personal-income-state-2nd-quarter-2021: State personal income decreased 21.8 percent at an annual rate in the second quarter of 2021 after increasing 56.9 percent in the first quarter, according to estimates released today by the U.S. Bureau of Economic Analysis (BEA) (table 1). In the second quarter of 2021, the decrease… Read More »Personal Income Growth Rate