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

Economy Falling into Recession, Moody’s Cuts Japan’s Credit Rating

Saying that there is “rising uncertainty” with regards to the country’s debt situation, Moody’s has cut Japan’s credit rating. Yet another indicator of fundamental problems in one of the world’s most powerful economies, Japan’s problems go well beyond its dramatically … Continue reading

Economists Predict Rapid Ramp-Up in Residential Construction

We were fortunate enough to receive an invitation from the National Association of Home Builders (NAHB) allowing us to participate in their annual Fall Construction Forecast presentation, a webinar put on for the benefit of  their members last week. Boy! … Continue reading