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ESA on EHS | Existing home sales while up 14.5% month-over-month, saw another steep year-over-year decline in February, at -22.6%. Inventory remains low.

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Another inflationary warning is imminent as consumer demand drops and high inventory strains warehouse capacity in the US.

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ESA Car Keys | During 2022, Tesla earned profits of $12.6B on revenues of $81.5B, making the automaker more profitable than GM and Ford combined.

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After several years of double-digit growth, the home improvement sector will cool in 2023 on recessionary concerns and a slow housing market.

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With interest rates soaring and inflation not subsiding, “demand destruction” has become more than just another catch phrase. Auto dealers need a plan today.

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ESA Car Keys | Inventory Days for automotive dealers is plateauing at historically low sub-30 levels during 2022, and the outlook is murky.

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ESA on EHS: Existing-home sales fell 14.2% year-over-year as prices continue to surge upward. More inventory is becoming available, possibly due to a high cancelation rate (15%) in June.

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July 2022 marks the HMI’s (Housing Market Index) largest drop in its history, outside of the post-pandemic shock of April 2020.

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ESA Car Keys | Ford affirmed its positive outlook with an exclamation point as Q2 earnings obliterated estimates in an auto market marred with struggles.