General

FMI states in its recent study on the Consumer-electronicsmarket that the market will record a CAGR of 5.6% through 2031. Demand is anticipated to increase due to the availability of devices stimulating automation of daily chores. The Consumer Technology Association (CTA) is predicting 2021 to be another record year for the U.S. tech industry.… Read More »Consumer Electronics Spend

According to preliminary August survey results, the University of Michigan’s consumer sentiment index plunged to 70.2 from 81.2 in July. This was the lowest reading since December 2011 and was much worse than the 81.0 level expected by economists. Could show market volatility in the immediate future.  According to Axios… Read More »Consumer Sentiment

Looks like the airfare recovery has stalled with the new variant. Airfares are edging lower as international travel is increasingly being discouraged by the Centers for Disease Control and Prevention.

Air travel is up, however not up 2019 levels.  Prior to the pandemic, daily passenger volumes of 2+ million were the norm rather than the exception. At the onset of the pandemic, daily passenger throughput fell as low as 100,000 in April 2020, before slowly climbing back to its current… Read More »U.S. Airports Are Busier Still Not Up To 2019 Levels

Producer prices jumped by more than expected. Some economists think it could be the peak rate of increase. But the spread of the Delta variant poses a big uncertainty. As reported by Aios

Arizona leads with the state with the most female Governors.  Interesting to see if 2022 brings another to Arizona.