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Tag Archives: economy

Manufacturers’ Perspective: State of the Economy

Chad Moutray is the chief economist for the National Association of Manufacturers and develops forecasts for the manufacturing sector. He previously worked as the chief economist and director of economic research for the Office of Advocacy at the U.S. Small ... Read More »

2017 Holiday Sales Forecast: Online Shopping Up, Overall Sales to Climb

holiday sales

Retailers across the country are gearing up for a busy holiday sales season, with sales projected to be 3.6 to 4 percent higher than last year, the National Retail Federation (NRF) reports. That increased spending can add up for independent ... Read More »

How Will Tariffs Impact the Solar Panel Industry?

solar panel

The U.S. International Trade Commission (ITC) announced its decision last week that U.S. solar panel manufacturers are negatively impacted by imported solar panels, specifically from Mexico and Korea. According to the report, the ITC will hold a public hearing on remedy on ... Read More »

GOP Proposes Tax Reform Bill, Drops Health Care

tax reform

Republican leaders in Congress proposed a plan Wednesday to reform the U.S. tax code, The New York Times reports. According to the newspaper, the GOP tax reform plan calls for reduced taxes for the wealthy, the middle class and businesses and preserves ... Read More »

Consumer Confidence, Home Prices Rise

Consumer Confidence

U.S. consumer confidence rose in the second quarter of 2017, showing a nearly 25 percent increase over year-to-year 2016 levels. Prices of existing home sales also continued to climb, buoyed by a June 2017 peak.  The Consumer Confidence Index rose ... Read More »

Home Improvement Spending to Reach $316B

home improvement

According to Harvard University’s Joint Center for Housing Studies, Americans are expected to spend $316 billion on home improvement upgrades this year, reports The Wall Street Journal. Because of this growth in home improvement spending, home improvement retailers have continued to ... Read More »

Shuttered Retail Spaces Can Lead to Increased Crime

crime

A June 2017 Harvard Business Review study finds that shuttered retail spaces can lead to an increase in crime and theft in their immediate vicinity. However, an operational store can provide communities roughly $30,000 annually in social benefits by reducing crime and ... Read More »

Expert Q&A: The State of the Housing Market

housing

Kermit Baker is a senior research fellow at the Joint Center for Housing at Harvard University and the project director of the Remodeling Futures Program. The goal of this program is to develop an improved understanding of the dynamics of the U.S. ... Read More »