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Quits = New Opportunities?
48% of quits are people switching industries. New business applications are up by more than 30%. Over 5.4 million last year alone.
Tough times for homebuilders
Buyers are getting cold feet with rising mortgage rates and inflation is affecting consumer confidence and purchasing power.
Is a 100 basis point increase on the way?
If a 100 basis point increase lands, it’ll be the largest increase in modern Fed history.
CPI comes in hot. Again.
We figured the Consumer Price Index wasn’t heading back down—the estimate was for 8.8%. Instead, a 9.1% number landed.
The power shift in housing
Rising interest rates are colliding with recession concerns. Cancellations for purchase agreements climbed to 60,000 in June.
The calm before the jobs storm?
US employers announced over 32,000 layoffs last month—an 58% increase from last June.
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Quits, Layoffs, and all eyes on Friday
Many are watching for signs the labor market is cooling. According to a new Labor Department report, maybe—but maybe not.
Higher car prices doesn’t equal fewer problems.
The 2022 JD Power Initial Quality Study shows more problems in the first 90 days of ownership than ever before.
Union construction is better at meeting workforce needs
When we say we’re better prepared to meet workforce challenges, we mean it.
Recent data backs up the fact that...
