Even with Inflation showings its head consumer spending is strong. According to Axios: Consumer optimism returned this month as cases of COVID-19 dropped. The consumer confidence index rose for the first time since June, the Conference Board reported today. At 113.8, October’s gauge was higher than what economists expected, signaling… Read More »Consumer Confidence Turns Positive in October
Salaries are rising, are they outpacing inflation is another question. As outlined by Axios: America’s business leaders expect to keep shelling out higher wages to employees. Driving the news: According to a new quarterly survey released today by the National Association of Business Economists, a record high 58% of respondents… Read More »Rising Salaries
As published Friday (October 22, 2021) by the Bureau of Labor Statistics, Arizona was down from 4.2% in July: In August, total separations rates increased in 11 states and decreased in 3 states. The largest increases occurred in Idaho (+1.3 percentage points), and Kentucky and Iowa (+1.2 points each). The… Read More »August Separation Rate
A huge THANK YOU to Ron West for having Scott Bushkie and I on the Business Brokerage Press to provide a quarterly Industry Update using the 2021 Q2 Market Pulse results. In this segment, we discuss Exit Planning. Music: Good Vibe by Ketsa #IBBA #MASOURCE #MarketPulse
A huge THANK YOU to Ron West for having Scott Bushkie and I on the Business Brokerage Press to provide a quarterly Industry Update using the 2021 Q2 Market Pulse results. In this segment, we discuss Seller Sentiment. Music: Good Vibe by Ketsa #IBBA #MASOURCE #MarketPulse
As everyday goods increase we fell the shrinking value of $, now the cause can be attributed to many items. According to Statista: Americans who want to buy a used truck or fry up some bacon and eggs for breakfast have to shell out significantly more for those items than… Read More »More Inflationary news
Supply chain continues to be a problem as the number of imports increase. As outlined by Axios: The busiest port in the Western Hemisphere just experienced the busiest September in its history, Axios’ Hope King reports. New data shows the Port of Los Angeles took in, unloaded and moved back… Read More »Port of Los Angeles cargo volume
IPOs reached a record in 2021 as reported in Axios: IPO activity during the third quarter reached a 20-year record, according to PwC. By the numbers: There were a total of 170 public offerings — 82 traditional, 88 via SPACs. Among the largest … Robinhood, Olaplex and Freshworks.
Retail Sales continue to be strong even as prices are rising. As stated by Axios: The strength of retail sales data has shocked prognosticators for the second month in a row. Although September spending was lower than the peaks reached in the post-vax, pre-Delta variant honeymoon economy of the spring,… Read More »Retail Sales Close To Records Set Earlier In The Year
This is the crunch the sellers and manufactures are facing, it will only be time before it is passed on to the consumer or businesses will go out of business. As stated by Axios: Two inflation indexes out this week, taken together, show how companies’ margins are getting squeezed. Why it… Read More »Producer Price index vs Consumer Price Index