News by subject: Economic News/Analysis

The Golden State showed moderate gains in sales tax receipts in the fourth quarter of 2022, reporting an overall 4.7% increase in sales and use tax revenue from October through December, compared to the same period in 2021. The returns reflect...

Global spending on IT and business services in the first quarter fell sharply from an all-time high in the prior year, as modest growth in managed services failed to overcome continuing weakness in cloud demand, according to the latest...

Branch, the leading workforce payments platform, and Marqeta , the global modern card issuing platform, today announced findings from the third annual Branch x Marqeta Gig Payments Report, a joint study on the work and payments preferences of gig...

Singapore businesses have a cautious economic outlook, as new data from global fintech Airwallex reveals 7 in 10 small and medium-sized enterprises (SMEs) here are bracing for a potential recession within the next two years. The independent...

Analysis is complete and the results from DALBAR's 25th annual study of investor account statements have been revealed! With its use of color to effectively draw attention to the most critical values on the statement, BNY Mellon | Pershing achieved...

Thirty-five percent of directors expect conditions to deteriorate in the next 12 months, with slowing demand, heightened geopolitical risks and the Fed's continued tightening through the latest bank run listed as contributing factors, according to...

BluWave, the business builders' network for private equity grade needs, released its Q1 BluWave PE Industry Insights Report. The report's exclusive data provides a unique perspective into how the world's top businesses are finding and acting on...

Hope Street Real Estate Corporation, an industry leading tenancy management firm specializing in residential rental management releases Spring 2023 report on Alberta's private rental markets showing further increases in residential rental rates...

AltaSea at the Port of Los Angeles, in collaboration with Cal State Northridge's (CSUN) Institute for Sustainability, The Los Angeles Coalition for the Economy & Jobs, and Santa Monica College, announced today their third annual series of webinars...

A new survey from Grant Thornton LLP, one of America's largest audit, tax and advisory firms, revealed that chief financial officers (CFOs) remained optimistic about the economy, even as indicators of a potential recession continue to loom. Key...

KBRA UK (KBRA) releases a research report examining the European securitisation market in Q1 2023. Rising rates and other disruptions are heavily impacting European securitisation markets. Further, the growing private synthetic securitisation...

Latin America continues to see exponential growth in its e-commerce sector. PayRetailers manages payments in these vastly different economies. Latin America's e-commerce growth has amounted to tens of billions of dollars annually. The region...

The Investor Movement Index® (IMX?) remained at 4.57 in March, unchanged from its score in February. The IMX is TD Ameritrade's proprietary, behavior-based index, aggregating Main Street investor positions and activity to measure what investors...

Today, Apartments.com ? a CoStar Group company ? published an in-depth report of multifamily rent trends for the first quarter of 2023. The negative trends in the multifamily market persisted at the start of the year. "While we kicked off 2023 with...

? Mortgage-rate locks for second homes were down 52% from pre-pandemic levels on a seasonally adjusted basis in March, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. That is compared to a 13% decline...

? Although elevated mortgage rates continue to dampen homebuying demand, low inventory means home are selling fast in some parts of the country, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. The...

Insurance company impairments in the U.S. life/health industry continued to drop in 2021, with two new insurers identified, compared with five and 10 impairments, respectively, in the preceding two years, according to a new AM Best report. The...

Fresh data from Global Blue shows that the dynamic recovery for Tax Free Shopping has continued to strengthen across Continental Europe and Asia Pacific. Globally, Issued Sales in Store like-for-like recovery has accelerated, reaching 110%1 in...

Today Veros® Real Estate Solutions, an industry leader in enterprise risk management and collateral valuation services, released its 2023 Q1 VeroFORECASTSM that anticipates home prices will be flat overall for the next twelve months. This is a slight...

For the fifth consecutive month, International Data Corporation (IDC) has lowered its 2023 forecast for worldwide IT spending as technology investments continue to show the impact of a weakening economy. In its new monthly forecast for worldwide IT...

The IBD/TIPP Economic Optimism Index, a leading national poll on consumer confidence, improved for the third consecutive month. Its April reading of 47.4 rose 1.1% from last month's reading of 46.9. Though the index remained in negative territory for...

Companies placing high importance on data quality to improve efficiency and profitability as well as leadership teams understanding the critical role of system and IT infrastructure upgrades are key examples of innovation efforts moving the insurance...

International Data Corporation (IDC) has published its first-ever forecast for the performance intensive computing as a service (PICaaS) market. IDC projects that the total worldwide PICaaS market will grow from $22.3 billion in 2021 to $103.1...

CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today released the CoreLogic Home Price Index (HPItm) and HPI Forecasttm for February 2023. While annual U.S home price growth rose for the 133rd...

In 2022, Wall Street experienced its worst year since 2008, with the S&P 500 finishing down nearly 20%. Mirroring that performance, investor satisfaction with full-service investment advisors plunged 17 points (on a 1,000-point scale) year over year,...

Diamond trading was slow in March due to US economic uncertainty and a stalled recovery in China. Rising interest rates, high inflation and a banking crisis contributed to the lull in business. The RapNet Diamond Index (RAPItm) for 1-carat diamonds...

The April issue of Best's Review examines climate-related risks as a key focus for insurers and regulators: "Rising Tide in Climate Risk Regulation Presents New Challenges for Insurers" discusses how insurers in every line of business will need to...

HouseCanary, Inc. ("HouseCanary"), a national brokerage known for its real estate valuation accuracy, today released its latest Market Pulse report, covering 22 listing-derived metrics and comparing data between March 2022 and March 2023. The Market...

Cleveland-Cliffs Inc. today announced that it is increasing current spot market base prices for all carbon hot rolled, cold rolled and coated steel products by a minimum of $100 per net ton, effective immediately with all new orders. Cliffs' minimum...

AM Best is maintaining its market segment outlook on the U.K. non-life insurance segment at negative. In its new Best's Market Segment Report, "Market Segment Outlook: UK Non-Life Insurance", AM Best cites a number of factors for its negative...

Citing adverse over-arching factors that continue to fuel greater uncertainty for Brazil's economy, AM Best is maintaining a negative market segment outlook on the country's reinsurance market. In its Best's Market Segment Report, titled, "Market...

? House hunters are wading into the market as mortgage rates and home prices continue to decline, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Mortgage-purchase applications increased for the...

A fast-growing and rapidly maturing ServiceNow ecosystem in Australia has enabled many enterprises to optimize their operations and improve business results, according to a new research report published today by Information Services Group (ISG) , a...

The Sovereign Investor Leadership Conference, an elite gathering of the world's most distinguished investors, commenced March 12-14, 2023 at Claremont Graduate University. This three-day event showcased an array of renowned speakers providing...

Slow underlying growth and inflation are among the biggest challenges facing U.S. auto, home, and business insurers, according to the Insurance Information Institute's (Triple-I's) Q1 2023 Economic Outlook. The Outlook's key takeaways are below:...

A new survey from WSFS Bank, the primary subsidiary of WSFS Financial Corporation , found Americans are confident managing their money, including 91% of respondents in the Greater Philadelphia and Delaware region (89% nationally), but 34% in the...

CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today released its monthly Loan Performance Insights Report for January 2023. For the month of January, 2.8% of all mortgages in the U.S. were in some...

First American Financial Corporation , a premier provider of title, settlement and risk solutions for real estate transactions and the leader in the digital transformation of its industry, today released the January 2023 First American Real House...

Marqeta , the global modern card issuing platform, released its first Consumer Pulse Report today. Based on the findings of a February 2023 survey of 4,000 consumers across the US, UK and Australia, conducted on its behalf by Propeller Research, the...

Drawing on feedback from nearly 300 advisers, fund managers, and investors across the U.S. and Europe, a new research report published by JTC ? in collaboration with OpportunityDb ? provides fresh insights into ESG and impact investing perceptions,...

Bank Iowa has released the results of its second annual survey of Iowa farmers. The Bank Iowa Ag Index tracks Iowa farmer sentiment on issues related to a range of topics ? from the ag economy to agtech on the farm. As an independent ag bank, Bank...

International Data Corporation (IDC) expects worldwide shipments of foldable phones, including flip and fold form factors, to reach 21.4 million units in 2023. This represents an increase of more than 50% over the 14.2 million units shipped in 2022....

New demand for office space began to come out of its seasonal winter slump in February, albeit more mildly than in years past. February typically marks the first month of the spring upswing in new office demand. This year, demand for new office space...

New sophisticated use cases for consumers and businesses are driving global RTP volumes to record highs, with 195.0B RTP transactions recorded globally in 2022 ? a YoY growth of 63.2% ? according to the 2023 Prime Time for Real-Time report, published...

Today, Wolfspeed, Inc. , the global leader in Silicon Carbide technology, hosted the first stop of President Joe Biden's ?Invest in America' tour at the company's Durham, N.C. headquarters. The President highlighted initiatives designed to boost...

Catchpoint®, The Internet Resilience Companytm, today released the results of a survey of large retail and consumer brands showing the high cost of Internet disruptions on their businesses. The survey, conducted by Forrester Consulting on behalf of...

The Fiber Broadband Association today announced a new best practice white paper that explores microtrenching, an advantageous fiber broadband deployment method. The report compares microtrenching amongst other deployment methods as a valuable option...

GoTo, the company making IT management, support, and business communication easy with flagship products GoTo Resolve, Rescue, and GoTo Connect, today announced findings from its IT Priorities: 2023 Report. The report, conducted by Frost & Sullivan...

? The number of Redfin.com home searchers looking to relocate to a new metro fell 3.6% year over year in February, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. That compares with a 14.4% drop in...

Economists are forecasting continued slow growth in the economy throughout 2023. This difficult environment is accompanied by historic inflation rates, and mass layoffs, leaving an unsettled feeling even for those whose jobs are secure. We're dealing...