Housing Starts in 3-Month Slide

September housing starts, the government’s measure of new residential construction activity, showed an overall decline to a seasonally adjusted annual rate of 1,127,000 units. This rate is down 4.7% from the revised August rate of 1,183,000 units. This is the … Continue reading

Technology Integrator Prints Its Last Magazine

Calling 2016 “a year of transition,” NAPCO Media announced yesterday that it has printed its last Technology Integrator (TI) magazine – deciding to withdraw from print media and reinvent itself into an online-only property. The move has been rumored for weeks, … Continue reading

Apple Bruised by Worst iPhone Sales Growth Ever

Apple, Inc. is starting to look brown, bruised, and past its prime in wake of the surprising quarterly results that showed growth in sales of their bellwether iPhone product to be the slowest since the company launched the product category in 2007. … Continue reading

Good Economic Sign: November Housing Starts Shoot Up

In a result that exceeded economists’ estimates, November overall housing starts jumped an impressive 10.5% to a seasonally adjusted annual rate of 1.173 million units.  Well over the revised October rate of 1.062 million units, it also exceeded the 1.007 … Continue reading

Dramatic Changes in Features New Home Buyers Want (Like Tech)

Outdoor Kitchens & Media Rooms are Out, Walk-in Closets & Programmable Thermostats are In The National Association of Home Builders has completed a comprehensive survey of home builders to learn what features home buyers are asking for in homes being … Continue reading

Hey Retailers – Forget the Millennials, Follow the Money

New data from market researcher Forrester Research Inc. suggests that retailers should forget about trying to attract millennials or other younger shoppers and instead shift gears to reach out to baby boomers. Why? Quite simply, that’s where the money is. … Continue reading

Sharp Officially Announces Its Exit from the Canada TV Market

BREAKING NEWS Canadian tech industry website WiFiHiFi (wifihifi.ca) announced today that it has confirmed that Sharp Corp. will exit the Canadian TV market. Much in line with our recent reporting on the troubled brand, this is probably just the first … Continue reading

Sharp to Launch Major, and Painful, Restructuring

Out of Osaka, Japan we learn that Sharp Corp. is about to embark on a major restructuring of its business that will likely change the company in fundamental ways. Plans call for closing domestic factories – a first for Sharp … Continue reading

U.S. Market Hit With Largest Decline in Retail Sales in 11 Months

New data released by the Commerce Department showed an unexpectedly large drop in retail sales for the month of December. In fact, U.S. retail sales had their largest across-the-board drop in the past eleven months – plunging economists into vigorous … Continue reading