Cars.com (NYSE:CARS) has slid 35.8% after missing on Q2 earnings today, cutting full-year guidance and ending a strategic review after receiving no interest, saying it will stay an independent public company. The company had launched a strategic look.

Existing home sales fell in June 2019, while prices and inventory levels continued to inch forward. The market is still faced with a significant shortage of existing housing units.

ESA Car Keys | The 2nd Quarter US auto market was down year-over-year, with imports outperforming domestic brands. Trucks continue to grab market share from passenger vehicles, continuing a multi-year trend.

Pickup owners are typically as loyal as they come, but every so often a hot new truck or big enough bargain can entice die-hards to switch their rigs.

ESA Car Keys | The first quarter auto market finished near a 17M SAAR pace, but needed a solid March to atone for a lackluster effort in the year’s first two months.

Easy to spin the data either way: February saw a nice rebound in the US housing market over January, but year-over-year pacing retracted by 1.8%. Median home price and inventory continued to increase.

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ESA Car Keys | Wards Auto and Steve Finlay have a few insights about the current momentum in the automotive market and what that might mean for 2019.

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.

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While the housing market inched forward in October, it’s still pacing down year-over-year. Inventory is recovering, albeit painfully slowly.

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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.

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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.

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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.