News by subject: Economic News/Analysis

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 February 2022 and February 2023. The...

In recognition of Women's History Month, Fidelity Investments® today released new research showing women are taking action with their finances despite external stressors. According to the research, "stress" (46%) is the no. 1 word women use to...

Greater Philadelphia and Delaware region residents have mixed feelings about their ability to find, finance and afford a new home in the current economic climate, a new WSFS Mortgage Study found, with more than one-quarter (28%) discouraged from...

Jobs for the Future (JFF), a national nonprofit driving transformation in the American workforce and education systems, today released an action-based framework that addresses systemic barriers in education and workforce development, and outlines...

While most staffing and recruitment firms saw growth in 2022, certain practices were more likely to separate those who saw the highest gains in revenue from those who suffered revenue losses, according to Bullhorn's Global Recruitment Insights and...

A survey conducted by the Global Times Research Center with 405 mid- and senior-level executives from domestic and overseas companies showed that the sustained slowdown of global growth and the continuous impact of the pandemic are the main...

KBRA releases a report on U.S. commercial mortgage-backed securities (CMBS) loan performance trends observed in the February 2023 servicer reporting period. The delinquency rate among KBRA-rated U.S. CMBS rose to 3.06% in February, an increase of 12...

A patent pool may play a key role in the adoption of Open RAN technology, according to a recent report published by Harvard Business School Professor Josh Lerner and Bella Private Markets. The report entitled "Accelerating innovation in...

Applied BioCode announced today its 2022 revenue $13MM, which marks 13% growth year over year, hitting the company's historic high. Q4 revenue was just shy of $4MM representing 9% growth quarter over quarter. Top line growth came from increasing...

?A record one-quarter (24.9%) of Redfin.com users nationwide looked to move to a different metro area in January as remote work and elevated housing costs drove homebuyers to relocate. That's according to a new report from Redfin (redfin.com), the...

J.D. Power: The Total Sales Forecast Total new-vehicle sales for February 2023, including retail and non-retail transactions, are projected to reach 1,117,100 units, a 7.2% increase from February 2022 according to a joint forecast from J.D. Power...

? Pending home sales rose 0.5% from a month earlier in January on a seasonally-adjusted basis, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. That compares with December's revised month-over-month...

? The median U.S. home-sale price was $348,000 during the four weeks ending February 19, essentially unchanged (+0.1%) year over year, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. That's the first...

KBRA releases topical and timely commentary on credit markets, compiled from our weekly podcast, 3 Things in Credit, hosted by our Chief Strategist, Van Hesser. Among the wide-ranging topics Van has addressed over the past month are the divergence in...

Oort, provider of identity-centric enterprise security, today revealed the findings of its State of Identity Security Report, a comprehensive analysis of data from more than 500,000 identities. In its mission to address the challenges organizations...

Raisa Energy LLC ("Raisa" or "the Company") today announced that it successfully closed its third securitization of proved developed producing ("PDP") wellbores for $636 million of gross proceeds ("the Transaction" or "the Offering"). The...

Seventy-one percent of consumers say inflation has affected healthcare purchasing decisions or their ability to pay their medical bills, according to a recent survey commissioned by AccessOne, a leading provider of patient financing solutions...

? The total value of U.S. homes was $45.3 trillion at the end of 2022, down 4.9% ($2.3 trillion) from a record high of $47.7 trillion in June, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. That's...

Spanish pharmaceutical company Ferrer and Swiss clinical stage biotechnology company Asceneuron announce the signing of a licensing agreement in which Ferrer obtains the exclusive worldwide rights to develop and commercialize ASN90 in progressive...

doxo, the innovative web and mobile bill pay service, today released its 2023 U.S Bill Pay Market Size & Category Breakout Report, revealing that of the $3.87 trillion that Americans spend annually on household bills, $3.22 trillion falls within ten...

Sending Labs secures $12.5 million in seed funding to build the future-focused Web3 communication stack. Insignia Venture Partners, MindWorks Capital, and Signum Capital lead the funding round with participation from K3 Ventures, Lingfeng Innovation...

U.S. surety bond underwriters saw direct premiums written grow by 16.7% in the first nine months of 2022 compared with the same prior-year period, as private construction projects propelled overall construction spending. Furthermore, according to a...

While the introduction of new, major federal banking compliance legislation doesn't appear likely on this year's Congressional agenda, finalization of several significant rules around small business lending data collection?along with modernization of...

Clear evidence of the impact of inflation on household spending is revealed in FICO's latest report of UK card trends, for December 2022. While retail sales volumes were widely reported as being down in the last month of the year, the FICO data shows...

Wells Fargo released its 2023 Construction Industry Forecast, a survey designed to gather insights on sentiment and current business conditions in the construction industry. This year's survey indicates a level of cautious optimism prevailing among...

A new Florida law and proposals announced this week have the potential to reduce the cost of homeowners insurance in the state, according to a just-released Issues Brief from the Insurance Information Institute (Triple-I). "Reforms put in place in...

The HAPS Alliance today announced that it will lead the Power Hour presentation and panel, "How HAPS is Unlocking the Economic Potential of the Stratosphere," at the GSMA's Mobile World Congress 2023 at the Fira Gran Via Convention Center in...

KBRA UK (KBRA) releases a report that examines the different strategies adopted by collateralised loan obligation (CLO) managers. CLO managers are often evaluated on a tiering of their portfolio based on various metrics. But this evaluation method...

United Food and Commercial Workers International Union submitted public comments to the Federal Home Loan Bank System ("FHLB System"), which is conducting a 100-year mission review and holding a regional roundtable today in Los Angeles, California....

The American Cleaning Institute (ACI), the trade association representing the cleaning products industry, issued a statement to clear up any confusion about the impact of a New York State law affecting detergent products that consumers use safely and...

Li-Bridge, a public-private alliance representing the U.S. battery ecosystem, convened by the U.S. Department of Energy (DOE) and managed by DOE's Argonne National Laboratory, released today an action plan to accelerate the creation of a robust...

?Investor purchases of U.S. homes fell a record 45.8% year over year in the fourth quarter as the high cost of borrowing money and the prospect of substantial home-price declines made real estate investing less attractive. That's according to a new...

KBRA UK (KBRA) releases a report on Europe's potential for asset-backed securities (ABS) based on solar photovoltaic (PV) panel financing collateral. In the US, this market has been a growing part of the securitisation landscape for the past seven...

Almost one in two (49 per cent) fintechs have identified KYC or Know-Your-Customer checks as their top challenge, according to the Rethinking Fintech Customer Experiences report. The report was launched by TDCX, , an award-winning digital customer...

Eight out of ten (84%) top investment professionals believe the US economy already is in or will be in a recession this year, and 51% think the markets are underestimating how long it will last, according to survey findings published today by Natixis...

Ark Restaurants Corp. today reported financial results for the first quarter ended December 31, 2022. Financial Results Total revenues for the 13 weeks ended December 31, 2022 were $47,445,000 versus $43,986,000 for the 13 weeks ended January 1,...

A key question in the U.S. directors and officers (D&O) insurance segment is whether carriers can sustain their recent, more favorable results given less aggressive pricing amid high social inflation and inflationary economic pressure, according to a...

The National Marrow Donor Program® (NMDP)/Be The Match® in partnership with the American Society for Transplantation and Cellular Therapytm (ASTCT) announced that Jeffery J. Auletta, MD, Senior Vice President, Patient Outcomes and Experience; Chief...

In a new report, analysts from AM Best predict an improvement in Protection and Indemnity (P&I) clubs' underwriting performance for the 2022/23 year but warn that a difficult investment environment is likely to continue to weigh on earnings. The...

KBRA releases research reviewing two key trends that are impacting the retail segment?the flattening of e-commerce as a percentage of total sales and the evolution of store formats and sizes?as well as examines the role of environmental, social, and...

?The median U.S. asking rent rose 2.4% year over year to $1,942 in January?the smallest increase since May 2021 and the lowest level in nearly a year, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage....

? Homebuyer demand continues to increase from its fall low point despite mortgage rates ticking up this week, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Seller activity is also picking up....

U.S. auto and homeowners insurance premium rates lagged behind the inflation rate in 2020 and 2021, laying the groundwork for the premium increases which occurred last year and will continue into 2023, according to the Insurance Information Institute...

The distilled spirits sector remained resilient in 2022 despite a challenging external environment, achieving record market share and sales driven by continued consumer interest in premium spirits and the ongoing recovery of the hospitality industry,...

Incfile, a leader in online business formation and startup services, today announces it has helped more than one million entrepreneurs start, run, and grow their small businesses. The company is also releasing new data that shows entrepreneurship...

datacenterHawk, the leading global data center real estate analysis platform, has released its 4Q 2022 Data Center Market Recap, analyzing the ongoing market trends and challenges in the North American, European, and Asia-Pacific (APAC) markets....

Global construction consultancy firm Linesight today released new data indicating the likely leveling of prices in key commodities markets in 2023 as supply chain disruptions ease and logistics return to pre-pandemic efficiencies. However, the...

New data from Global Blue shows that the dynamic recovery for Tax Free Shopping has continued to strengthen across Continental Europe and Asia Pacific. In Continental Europe, issued sales in store like-for-like has a stabilized recovery at 106%1 in...

Flyhomes, creator of the world's best home buying and selling experience, today announced its subsidiary, Flyhomes Mortgage, will now cover the cost to refinance mortgage loans when interest rates drop through a new product called Buy Now Refi Later....

KBRA releases research covering inflationary challenges and responses in the restaurant whole business securitization (WBS) sector. The restaurant sector faces high inflation, tight labor markets, reduced margins, supply shortages, and an uncertain...