News by subject: Economic News/Analysis

? Although mortgage rates are inching down from their recent peak, housing affordability isn't improving much, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. With the median U.S. home-sale price up...

Near Intelligence, Inc. a global Data Intelligence Platform that curates one of the world's largest sources of intelligence on people and places, today announced its new study, The Great Generational Shopping Divide, which reveals clear divisions...

New data from Global Blue   reveals that the overall global dynamic recovery for Tax Free Shopping has remained stable in Continental Europe, with a continued acceleration in Asia Pacific. Globally, issued Sales in Store like-for-like recovery...

The enterprise segment of the worldwide wireless local area network (WLAN) market increased revenues 43.3% year over year in the second quarter of 2023 (2Q23) to $3.0 billion, according to results published in the International Data Corporation (IDC)...

The IBD/TIPP Economic Optimism Index, a leading national poll on consumer confidence, today showed some positive momentum. After two months of decline, the September index rose to 43.2, a 7.2% change from August's reading of 40.3. This is also the...

While carbon emissions reporting has largely been a voluntary exercise to this point, emerging environmental, social, and governance (ESG) regulations and standards will change how organizations report on ESG initiatives. International Data...

? Roughly one of every eight (12.3%) homes that sold in San Francisco during the three months ending July 31 was purchased for less than the seller bought it for, up from 5% a year earlier, according to a new report from Redfin (redfin.com), the...

The Investor Movement Index® (IMXSM) increased to 5.70 in August, up from its score of 5.53 in July. The IMX is TD Ameritrade's proprietary, behavior-based index, aggregating Main Street investor positions and activity to measure what investors...

KBRA releases research to assess the potential impacts of the Federal Housing Finance Agency's (FHFA) plans to shift the requirement of three credit reports (tri-merge) to two credit reports (bi-merge) for single-family loan acquisitions. To do so,...

KBRA releases the August 2023 issue of CMBS Trend Watch. At the recent Jackson Hole meeting, Federal Reserve Chairman Jerome Powell said that more interest rate hikes could be needed due to the continued strength of the economy. However, even...

Prevailing market conditions have enabled the insurance-linked securities (ILS) market to secure advantageous terms and conditions for renewed and new programs, leading to a significant increase in yields for funds as well as catastrophe bonds,...

HouseCanary, Inc. ("HouseCanary"), a national brokerage known for its real estate valuation accuracy, today released its August Market Pulse report, which finds that list prices peaked in June while closed prices continued to achieve positive...

The diamond market weakened in August as economic challenges persisted and synthetics expanded their market share. The likelihood that G7 governments would soon impose stricter source-disclosure rules to sideline Russian goods also created...

E*TRADE from Morgan Stanley today released the data from its monthly sector rotation study, based on the E*TRADE customer notional net percentage buy/sell behavior for stocks that comprise the S&P 500 sectors. About E*TRADE from Morgan Stanley and...

Insured losses in Florida related to Hurricane Idalia are unlikely to surpass those from Hurricane Ian last year given the storm's path across the more sparsely populated Big Bend region, which has lower insured values than other coastal areas,...

Insight Sourcing Group, North America's leading consulting firm focused on procurement optimization and Procurement Value CreationTM, today released its Transportation & Freight Market Executive Advisory. The report analyzes the current environment...

Today, Citizens Against Government Waste (CAGW) released a new issue brief, "Tobacco Harm Reduction Products Should Be Promoted not Prohibited," co-authored by CAGW President Tom Schatz and Director of Health and Science Policy Christina Smith, which...

Worldwide shipments of hardcopy peripherals declined 11.7% year over year to 19.5 million units in the second quarter of 2023 (2Q23). Shipment value also contracted 0.9% year over year during the quarter to $9.5 billion, according to new data from...

A slow U.S. economy and high interest rates have taken a toll on robot orders in North American, resulting in a decline for the second quarter in a row after record purchases in 2021 and 2022. According to the latest report from the Association for...

CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today released its monthly Loan Performance Insights Report for June 2023. For the month of June, 2.6% of all mortgages in the U.S. were in some stage...

?The median home-sale price in Miami rose 17% from a year earlier during the four weeks ending August 27, the biggest increase the metro area has seen since October 2022. This is according to a new report from Redfin (redfin.com), the...

KuCoin, one of the top 5 crypto exchanges in the world according to CoinMarketCap, has released the 15th report in its "Understanding Crypto Users" series of Turkey." This report sheds light on the crypto ecosystem in Turkey and provides insights...

Worldwide smartphone shipments are forecast to decline 4.7% year over year in 2023 to 1.15 billion units, the lowest volume in a decade, according to the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker. This is a...

?Investor home purchases fell 45% from a year earlier in the second quarter, outpacing the 31% drop in overall home sales, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. That's the biggest decline...

Slowing customer markets and tighter financial conditions are pressuring technology-industry executives who rode a considerable growth wave during the pandemic but now need to adopt a more structured, long-term approach to ensuring profitability....

The latest FICO data on UK credit card trends reflects the impact of inflation on consumers' budgets, as average spend hit its highest point in the 17 years since FICO records began, and average balances continued to track upwards. Although...

CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today released data analysis showing 808,321 single-family and multifamily homes along the Florida gulf coast with a reconstruction cost value (RCV) of...

According to the Paychex | IHS Markit Small Business Employment Watch, the national Small Business Jobs Index ? which measures the rate of small business job growth in the U.S. ? is essentially flat at 99.10, a decrease of 0.04% in August. Meanwhile,...

The Economic Innovation Group (EIG) has released a major report: "Advancing Economic Development in Persistent-Poverty Communities" that finds a larger base of persistent poverty across the nation than previously estimated. The research found that...

KBRA releases research examining July 2023 retail sales. This month's report discusses the closing gap between retail sales growth and inflation in July as well as the slowing growth of state sales tax collections. Click here to view the report....

BZI® (www.bzi.com) and affiliate companies hosted a groundbreaking of the 820-acre sustainable industrial park, Commerce Crossroadstm (www.commercecrossroads.com), and the grand opening of its first tenant, RailSynctm (www.railsync.io) on August 22,...

After two consecutive quarters of recession anticipation, trader expectations are shifting to a more optimistic sentiment overall about the market environment. The latest Charles Schwab Trader Sentiment Survey reveals that traders are more bullish on...

Global construction consultant Linesight today released its Q2 US Country Commodity Report, noting that commodity prices are continuing to stabilize, albeit at elevated levels, with the GDP rising beyond expectations and signs of cooling inflation....

? More than one-quarter (25.8%) of homebuyers are looking to move to a different part of the country, a record-high share and up from 23.7% a year ago. That's according to a new report from Redfin (redfin.com), the technology-powered real estate...

Primerica, Inc. , a leading provider of financial services in the United States and Canada, announced today the release of its inaugural Primerica Household Budget Indextm (HBItm), a monthly index illustrating the purchasing power of middle-income...

Finance of America Reverse LLC ("FAR"), a leading provider of reverse mortgages and part of Finance of America's modern retirement solutions platform, today published its 2023 Home Equity Punch List. The survey tracks U.S. homeowners' perceptions...

Despite operating in extremely challenging conditions, with persistent and elevated claims activity, the global reinsurance segment still returned an underwriting profit in 2022, according to a new AM Best report. The Best's Market Segment Report,...

KBRA releases updated research that maps the EPA's Greenhouse Gas (GHG) score to make/model/year information provided in auto loan asset-level disclosures, as well as expands on prior research by estimating the average annual metric tons of carbon...

Truckload freight volumes fell last month and national benchmark spot rates for dry van and refrigerated ("reefer") loads retreated from their gains in June, reported DAT Freight & Analytics, which operates the industry's largest online freight...

KBRA UK (KBRA) releases a report that explores the expectations and confidence among European corporate managers in the current economic environment. Challenges to corporate managers including the rapid rise in inflation, supply issues, and increased...

Some good news for retirement savers: for the third straight quarter, Fidelity Investments' Q2 2023 retirement analysis reveals retirement account balances increased, owing in large part to steady employer and employee contributions and positive...

KBRA releases a report that examines the affordability gap between homeownership and multifamily rentals in the largest 30 metropolitan statistical areas (MSAs) across securitized private label CMBS conduits and Freddie Mac K-Series (Freddie Mac)...

Financial strain is taking a toll on the residents of the tristate area, according to the latest Wellbeing and Your Wallet Index conducted by Affinity Federal Credit Union. The survey captures sentiment around the overall financial wellbeing of...

KBRA releases its second-quarter 2023 U.S. Bank Compendium, providing the latest view of the U.S. banking industry and analysis of 2Q23 results for U.S. banks with KBRA long-term ratings. The vast majority of KBRA-rated banks continue to have...

? The typical home that sold in a high-opportunity U.S. neighborhood in 2022 went for $470,000, 38.2% more than the typical home that sold in a low-opportunity neighborhood, which went for $340,000. That's according to a new report from Redfin...

Institutional Property Advisors (IPA), a division of Marcus & Millichap , has published its Class A Multifamily Outlook Midyear 2023 special report. "Today's high barriers to homeownership are helping support demand for high-end apartments,...

After this spring's rapid collapse of Silicon Valley Bank, Signature Bank and First Republic Bank, the banking industry is closely measuring the possible regulatory after-effects. Those impacts may include closer regulatory scrutiny for both...

? The total worth of U.S. homes hit a record $46.8 trillion in June, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. This overtakes the prior all-time high of $46.6 trillion set a year earlier, as a...

? The median U.S. home-sale price rose 3% year over year during the four weeks ending August 6, the biggest increase since November. That's according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Prices are...

CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, released its monthly Southern California home sales report for June 2023. The report includes data for new and resale single-family homes and resale...