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You are here: Home / Archives for Economic Trends

Economic Trends

Forecasting What to Expect in 2021 When There are So Many Unknowables

January 21, 2021 by Ted 2 Comments

2021 forecast - Famous New York Yankees catcher Yogi Berra

Famous New York Yankees catcher Yogi Berra once said, “Forecasting is very difficult, especially when it’s about the future.” Yet another wise saying from one of history’s most quoted sages. Even so, lately many regular Strata-gee readers (some of my favorite Strata-gists), have been asking me to do just exactly that – predict the future.

That is such a risky business…only a fool would take such a challenge.

See this fool’s forecast for 2021…

[Read more…] about Forecasting What to Expect in 2021 When There are So Many Unknowables

Filed Under: Consumer Trends, Economic Trends, Management, Quotations, Strategy Tagged With: COVID-19, forecast, trends

New Home Sales Show a Sharp Decline in November

January 7, 2021 by Ted Leave a Comment

photo of a newly constructed home

In late December we got the latest data from the U.S. Commerce Department on the sales of new homes in November 2020. According to the government, new home sales showed a sharp decline in November. The fact that there was a decline itself was not as much of a surprise to analysts as much as how sharp that decline was that caught their attention.

Many analysts are suggesting that this decline in home sales is another indicator of a slowing economy.

See more on this key economic data point…

[Read more…] about New Home Sales Show a Sharp Decline in November

Filed Under: Economic Trends, News Tagged With: new home sales

October Housing Starts Gets Its Act Together, Shows Solid Growth

November 24, 2020 by Ted Leave a Comment

Photo of a new home

For the last couple of months, I’ve reported that residential construction – commonly known as housing starts (as in starting construction) – have returned mixed results, suggesting the housing industry recovery was potentially stalling. Now, in new data from the U.S. Department of Commerce, we see that housing construction began a more durable return to growth.

Learn more about the October housing starts data…

[Read more…] about October Housing Starts Gets Its Act Together, Shows Solid Growth

Filed Under: Economic Trends

Housing Starts Split Again in September for Good News/Bad News Result

October 22, 2020 by Ted Leave a Comment

Housing Prices Photo

On Tuesday, the U.S. Department of Commerce released their latest report on residential construction for the month of September 2020. Like last month, the results on housing starts were mixed, with both good news for custom integrators and bad news for the overall industry – suggesting again that housing growth, while robust, is beginning to moderate.

See housing starts results for September…

[Read more…] about Housing Starts Split Again in September for Good News/Bad News Result

Filed Under: Economic Trends, News Tagged With: economic growth, economy, housing, housing starts

August Housing Data Diverges, Suggests Growth is Moderating

October 8, 2020 by Ted Leave a Comment

home construction

It has been quite the roller coaster ride for housing – first dropping a COVID-driven, eye-popping 30.2% in April to just a 934,000 unit seasonally adjusted annual rate. Then gradually rebounding in May and June…leading to a record 22.6% increase in July.

Now we see a bit of a pause in August, with overall housing starts declining 5.1% to a rate of 1,416,000 units, down from the revised rate of 1,492,000 in July.

Get the latest housing construction & sales data

[Read more…] about August Housing Data Diverges, Suggests Growth is Moderating

Filed Under: Economic Trends Tagged With: construction, housing, housing starts, residential construction

Retail Sales Growth Slows in July, Up Just 1.2%

September 10, 2020 by Ted Leave a Comment

Photo of Apple store in Chicago

Only Electronics & Appliances Show Big Growth

In a new and troubling sign that the economy is not yet out of the woods, government data showed that for the month of July, retail sales barely crept up 1.2% overall. But there was one bright spot in the government’s report – retail sales of electronics and appliances jumped an impressive 23%.

See more on retail sales growth slowing…

[Read more…] about Retail Sales Growth Slows in July, Up Just 1.2%

Filed Under: Economic Trends, Financial, News, Retailers Tagged With: electronics retailers, retail

Housing’s On Fire – Housing Starts Jump 22.6% in July

August 19, 2020 by Ted Leave a Comment

housing construction

By almost any measure, the housing market is in a major rebound, with the U.S. Commerce Department reporting on Tuesday that residential construction starts jumped an impressive 22.6% in July. This is the largest jump in housing starts in almost four years, according to a report by Reuters.

Learn more on the rebound of housing starts…

[Read more…] about Housing’s On Fire – Housing Starts Jump 22.6% in July

Filed Under: Economic Trends, News Tagged With: housing starts

Q2 GDP Crashes 33% in Worst Economic Quarter in Recorded History

July 30, 2020 by Ted Leave a Comment

graph showing downturn

In new economic data released by the government today, the real gross domestic product (GDP) for the second quarter of 2020 declined an astonishing 32.9%, the worst ever such reading in recorded history. This result follows a decline of 5% in the first quarter and demarks a deep and painful recession resulting from the impact of the COVID-19 pandemic engulfing the United States, and the world.

Learn more about this stunning GDP crash…

[Read more…] about Q2 GDP Crashes 33% in Worst Economic Quarter in Recorded History

Filed Under: Economic Trends, News Tagged With: economy, GDP

Residential Construction & New Home Sales Bounce Back in June

July 28, 2020 by Ted 1 Comment

Photo of construction workers

Two new economic reports from June covering the housing industry show promising results, with both residential construction (otherwise known as housing starts), and sales of newly constructed homes taking a nice bounce in June. This was welcome news after dramatic declines hit the housing market in early Spring.

But will it hold?

See more on the changing housing market

[Read more…] about Residential Construction & New Home Sales Bounce Back in June

Filed Under: Economic Trends Tagged With: housing starts, new home sales, residential construction

Housing Starts Struggle to Regain Their Footing in May

June 18, 2020 by Ted Leave a Comment

new home under construction, a housing start

Last month, Strata-gee reported on a shocking 30+% drop in residential housing construction, with starts dropping an eye-popping 30.2% in April. That was ultimately revised to a decline of “only” 26.4%…still a massive one month decline. Now in May, we see starts attempting to rebound from those unprecedented drops.

See more on May’s housing starts data…

[Read more…] about Housing Starts Struggle to Regain Their Footing in May

Filed Under: Economic Trends, News Tagged With: housing starts, residential construction, residential housing

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Ted Green Bio

A former dealer, installer, manufac-turer, distributor & more. With a focus on business strategy, my goal is to help you make better decisions for more success.

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