Insights from Our CEO Construction
Actual results through July were on track with the forecast, but our analysis suggested the housing market was going to trend weaker than we had previously expected. The forecast was...
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Insights from Our CEO Construction
Actual results through July were on track with the forecast, but our analysis suggested the housing market was going to trend weaker than we had previously expected. The forecast was...
Continue Reading
Insights from Our CEO Great Depression
The US economy is on track to grow in the third quarter of the year. However, the growth is uneven. The industries and companies that excelled because of the stimulus and/or social...
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It is official. GDP (adjusted for inflation) met the definition of a recession when it declined for a second consecutive quarter based on the 2Q22 advanced release. What this means is now...
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The Fed raised the fed funds rate by 75 basis points (bps) on July 27. The Fed had said they were going to do it. We were hoping they would change their collective mind based on several...
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The June CPI result reflected a 9.1% year-over-year rate of inflation. The number immediately garnered a lot of attention and understandably so. It was the highest rate experienced in the...
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Consumers benefited from mounds of cash pushed their way by government stimulation during the pandemic. The financial windfall fueled an incredible surge in Retail Sales and contributed to...
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