New Study: Another Impact of COVID-19 – the Crash of Consumer Sentiment

Nearly 90% of Consumers Expect a Recession Because of COVID-19 New research conducted this month shows another major impact of COVID-19 Coronavirus – the crash of consumer sentiment. A statistically significant survey of a representative sample of all Americans has … Continue reading

Housing Construction Starts Grow Again in November

The Census Bureau, in cooperation with the U.S. Department of Housing and Urban Development, released new home construction data for November, offering details on what is generally known as housing starts. The overall construction starts – which includes both single-family … Continue reading

NPR: American Speaker Manufacturer Says Tariffs May Force Him Out

This week, National Public Radio (NPR) tells the story of the Minneapolis Speaker Company, Inc., known as MISCO, a St. Paul, MN-based manufacturer of speaker drivers and systems sold mostly on an OEM basis, who is struggling to continue to … Continue reading

Consumer Confidence Drops for the 4th Straight Month in-a-Row

The Conference Board, in conjunction with Nielsen, announced on Tuesday that consumer confidence, a widely watched economic indicator, fell in November for the fourth straight month in-a-row. Consumers, it seems, are concerned about the current business climate and employment outlook. … Continue reading

Oct. Housing Data is Split: Home Construction UP, Home Sales DOWN

In new data from the U.S. Census Bureau and the U.S. Department of Housing and Urban Development, the readings appear split with housing starts showing increases while new home sales declined. Housing, a prime component of the overall U.S. GDP … Continue reading

Private Equity Giant Apollo Global Management Acquires Tech Data in $5.4B Buyout

Tech Data, one of the largest technology distributors in the U.S. and globally, has been acquired by Apollo Global Management, a private equity powerhouse, in a deal valued at $5.4 billion. The deal announced today, is expected to close by … Continue reading