It has been my pleasure to talk with numerous executives in different industries over the last few weeks, and many of them are still wondering if we are in a recession. We have dealt with...Continue Reading
94.7% FORECAST ACCURACY || BUSINESS-MINDED ECONOMISTS || UNBIASED AND APOLITICAL
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The percentage of overall operating costs that labor accounts for will vary by industry and company, but it is an important component of just about anyone’s cost structure. The availability...Continue Reading
The Federal Reserve raised its benchmark federal funds rate by 75 basis points on September 21, which was not a surprise to most people. It was probably also not a surprise to most that...Continue Reading
I saw this headline: “Consumer spending slowed in July as inflation remained…” I read that as a clear statement of correlation between something vaguely negative (“slowed”) and inflation....Continue Reading
Using “market trends” is my way of drawing attention to the exact opposite – specifically, that many markets are behaving differently than our macro trends. Nevertheless, ITR Economics’...Continue Reading