Another mixed bag in the housing market for November as existing-home sales and average house prices rose, but inventory remained somewhat mismatched with demand.
While the housing market inched forward in October, it’s still pacing down year-over-year. Inventory is recovering, albeit painfully slowly.
Grateful Thread | We give thanks for so much … including the many partnerships and friendships we have been afforded in our work. Happy Thanksgiving from ESA.
ESA@Work | The Section 179 Deduction provides a nice tax break for businesses making capital expenditures. Another under-utilized benefit is the targeted marketing of this by B2B companies.
A troubled housing market can usually signal a looming contraction of the home improvement industry. Home Depot’s recent results demonstrate strong resilience to this trend.
ESA Car Keys | The October US auto market was down year-over-year, but posted some positive surprises. Trucks continue to grab market share from passenger vehicles, continuing a five-year trend.
ESA@Work | The existing home sales numbers for September aren’t great: pacing is down, interest rates up, inventory up but still lagging, and affordability challenging today’s home shopper.
ESA@Work | Home services companies … would you rather have a bid or get the job? Might be an easy question, and the answer will leave its mark on your bottom line.
Great Graphs | US small businesses remain historically confident heading into the final months of 2018, as many economic conditions and measures remain solid.
September’s US auto market was down 5.5% year-over-year, as major manufacturers were all down except for Fiat Chrysler. The projected 2nd half slump continues to materialize.