News by subject: Economic News/Analysis

Academy Asset Management, an SEC registered investment adviser, certified Disabled Veteran Business Enterprise (DVBE), and Service Disabled Veteran Owned Business (SDVOB), is pleased to celebrate the founding cohort of corporate investors in the...

Diamond prices showed a more moderate decline in October amid holiday demand and a reduction in rough supply. The RapNet Diamond Index (RAPItm) for 1-carat diamonds fell 2.2%, less than September's 5.2% slump. The index for 0.30 carats dropped by...

Today, Apartments.com ? a CoStar Group online marketplace ? released an in-depth report of multifamily rent trends for October 2023. On a month-over-month basis, rents rose in six of the top 50 largest markets in October. "For the third consecutive...

In an era of both ongoing job uncertainty and rapid-fire advancements, working Americans are thinking more about their education, job security, and future career goals. Collectively, this is fueling how and when they enter the workforce, as well as...

Fueled by strong consumer demand, U.S. gross domestic product (GDP) grows 4.9% in the third quarter of 2023 ? well above most predictions and driven by a 4% increase in consumer spending. Customer satisfaction ? a major driver behind consumer...

CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today released the CoreLogic Home Price Index (HPItm) and HPI Forecasttm for September 2023. U.S. single-family home prices rose by 4.5% year over...

Fifty-eight percent of U.S. businesses regret at least one software purchase they made in the last 12 to 18 months, according to Capterra's Tech Trends Report. This global survey of over 3,400 businesses reveals how organizations are approaching...

ImpactAssets, the impact investing trailblazer with a decade-plus track record of mobilizing capital for good, surpassed $3 billion in total assets under management this year, according to its newly-released 2023 Impact Report. The report also...

Nutrien Ltd. today released Bridging the Agricultural Perception Divide: A Study by Nutrien. This research details and quantifies the perception gaps between farmers and consumers in North America on issues such as sustainability, technology, and...

Milliman, Inc., a premier global consulting and actuarial firm, today released the results of its latest Milliman 100 Pension Funding Index (PFI), which analyzes the 100 largest U.S. corporate pension plans. During October, the Milliman 100 PFI...

Key Administration leaders including Secretary Pete Buttigieg, Senior Advisor Mitch Landrieu, Economist Heather Boushey, and NEC member Elizabeth Kelly joined key economic and political decision-makers, for Bold New Consensus: a day-long ideas...

?Nearly 7% of for-sale homes posted a price drop during the four weeks ending October 29, on average, the highest portion on record. That's according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. The record...

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...

The 2023 net combined ratio for the property/casualty industry is forecast to be 103.8, in part due to severe convective storm losses being the highest in decades. Hard markets continue with 2023 net written premium growth forecast at 8.3%, according...

The Moroccan Trading Rooms Association (AMSM) has unveiled the official program for the 46th edition of the Interarab Cambist Association (ICA) Conference & Exhibition. This highly anticipated event is scheduled to take place from November 16th to...

Matera, maker of world-class instant payments, QR code and digital ledger technology, today released its Q3 report on the adoption of Brazil's highly successful Pix instant payments scheme. The latest Pix by the Numbers report covers data through Q3...

The holiday season is quickly approaching, and retailers better be on alert because most consumers share the same philosophy: This is not the year to put your holiday shopping off until the last minute. With inflation continuing to threaten...

Last week in the nation's capital, Amway ? a leading health and wellbeing company ? revealed the findings of the company's latest Global Entrepreneurship Report at a roundtable discussion with key national stakeholders. U.S. Representatives John...

Canadian Pension Plans lost ground in the third quarter, generating a median return of -3.7% amidst market and economic headwinds. The quarterly results were cushioned by healthier returns in prior periods, resulting in a median year-to-date return...

After two years of demand for office space oscillating between half and two-thirds of what it was before the pandemic, it appears office demand is showing signs of stability around these levels for the foreseeable future. This determination is...

As retailers head into the ever-critical holiday shopping season, new research from Verint® , The Customer Engagement Companytm highlights key customer engagement challenges and opportunities amidst a backdrop of labor shortages. More than half of...

Amidst the backdrop of a tumultuous economy, rising interest rates and frozen transaction markets, institutional target allocations to real estate have remained flat for the first time in 10 years, at 10.8%, finds the 11th annual Institutional Real...

Overall customer satisfaction with home security systems rests high at 865 (on a 1,000-point scale), according to the J.D. Power 2023 U.S. Home Security Satisfaction Study,SM released today. Customers are especially satisfied with their purchase and...

"Destination always" an Economist Impact report, supported by Booking.com, has explored the impact of visitors on cities and regions across the world. Travel and tourism generates US$2.5trn in direct revenues globally, helping to provide economic...

According to the Paychex | IHS Markit Small Business Employment Watch, job growth across the U.S. remains moderate but is growing at a slower rate than a year ago. Meanwhile, growth in hourly and weekly earnings decelerated in October, consistent...

Investor support for S&P 500 "say on pay" proposals increased for the first time in five years, with CEO average realized pay declining by 68% to $25.6 million, compared to $79.9 million in 2021. This is according to the new Diligent Market...

Pacific Prime, an award-winning global health insurance brokerage and employee benefits specialist, has released the State of Health Insurance Report 2023. Now in its sixth edition, the annual report is a deep dive into key global and regional trends...

Rhode Island Commerce, in partnership with the International Trade Council, is set to welcome hundreds of business and economic development leaders from around the world at next week's 2023 Go Global Awards. Scheduled for Monday, November 6 ?...

Arthur D. Little (ADL) has published its latest report, Rail 2040, which explores the key trends reshaping the industry, assesses the general market environment for railway services, and delivers an informed outlook on the future of rail transport...

A strong labor market and resilient consumer trends supported a slight improvement in economic conditions during the third quarter as inflation showed some signs of abating, according to the national Citizens Business Conditions Indextm (CBCI),...

More than 200,000 military members transition out of service each year. From relocation to financial shifts, the degree of change can be wide ranging for many Veterans. To help ease the shifts, Navy Federal Credit Union, in partnership with Hire...

Today, Chase Travel, a travel industry leader and business unit of JPMorgan Chase & Co., is providing an early glimpse into the top growing holiday destinations this year based off Chase Travel proprietary booking data. FROSCH and Valerie Wilson...

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

AM Best will host its annual MENA Insurance Market Briefing on 17 November 2023, at 9:00 a.m. (GST), at the Fairmont Dubai to discuss the potential impact of recent developments on Middle Eastern and North African insurance and reinsurance markets....

? New listings of homes for sale rose 0.3% from a year earlier during the four weeks ending October 22?a small increase, but the first since July 2022. That's according to a new report from Redfin (redfin.com), the technology-powered real estate...

The U.S. is experiencing its costliest year ever in 2023 for severe convective storms, with insured losses from these events exceeding $50 billion through the end of September, according to the Insurance Information Institute (Triple-I.) Severe...

Fountain, the leading platform for frontline workers that helps employers around the world hire 3 million people per year, today released "The State of Frontline Hiring: 2023 Annual Benchmarking Report," revealing key findings from the current state...

A credit crunch has descended upon small business owners nationwide hindering their growth and causing some to say that if it continues, they'll be forced to close altogether. A new nationwide survey from Goldman Sachs 10,000 Small Businesses Voices...

BluWave, the business builders' platform that connects the private equity industry with best-in-class talent, industry consultants and service providers, today released its latest quarterly analysis, providing a forward-looking perspective into how...

The Golden State reported lower than expected sales tax receipts in the second quarter of 2023, showing an overall decline of 2.8% in sales and use tax revenue compared to the same period in 2022. "A sharp decline of 20% in service station and...

? New listings climbed 1.4% month over month in September, the largest increase since February 2022 on a seasonally adjusted basis, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. That's a glimmer of...

The Fletcher Group, a women-owned and led PR and content marketing firm, today announced its second annual Women Chief Marketing Officers (CMOs) in Fintech report. This comprehensive report explores key trends and insights within the financial...

Corbin Advisors, a strategic consultancy accelerating value realization globally, today released its quarterly Industrial Sentiment Survey®. The survey, part of Corbin Advisors' Inside The Buy-Side® flagship research publication, was conducted from...

Retail sales are expected to grow 3.8 percent this holiday season, according to ICSC's 2023 holiday shopping forecast. Additionally, ICSC is forecasting a 7.6 percent increase on F&B, bringing the total expected spend for the season to $1.60T. Today,...

The U.S. property/casualty (P/C) segment reported its 17th consecutive year of favorable reserve development based on 2022 calendar year results, according to a new AM Best special report. However, the $3.6 billion in favorable reserve development...

According to the Administrative Office of the U.S. Courts, business filings rose 23.3% in the 12-month period ending June 30, 2023. Chapter 11 filings have jumped 68% in the first half of the year, as compared to prior year. For context, bankruptcy...

? This year is likely to end with roughly 4.1 million existing home sales nationwide, the fewest since the housing bubble burst in 2008 after the subprime mortgage crisis. That's according to a new report from Redfin (redfin.com), the...

Truckload freight volumes cooled in September, compounding an already difficult quarter for truckload carriers and freight brokers, said DAT Freight & Analytics, which operates the industry's largest online freight marketplace and DAT iQ data...

The economic drivers of the U.S. property/casualty (P/C) insurance industry could cumulatively expand faster than the nation's gross domestic product (GDP) in 2024 and may outperform the overall U.S. economy by 2025, according to the Insurance...

Worldwide IT spending is projected to total $5.1 trillion in 2024, an increase of 8% from 2023, according to the latest forecast by Gartner, Inc. While generative AI (GenAI) has not yet had a material impact on IT spending, investment in AI more...