Author: Stefanie Galeano-Zalutko

The aftermarket looks to capitalize on growing digital sales while consumer sentiment and confidence remain relatively stable…

As the economy fully reopens and consumer confidence continues to rise, economists predict consumer spending will help drive the recovery forward…

Consumer sentiment hit its second-highest mark since the start of the pandemic, but the public continues to pay close attention to inflation, unemployment and interest rates…

Vaccination rates may be on the rise, but consumer sentiment and confidence are beginning to simmer due to elevated inflation concerns…

Consumer optimism dipped for the first time in three months prompted by expectations of decelerating growth, inflation and a waning of further government support…

The Conference Board forecasts real GDP growth in the U.S. will rise to 8.6% (annualized rate) in Q2 2021 and 6.4% (year-over-year) in 2021.* “The primary driver of this rapid expansion will be a surge in consumer spending as the economy fully reopens. High and increasing vaccination rates and low new COVID-19 case numbers indicate… Continue reading KPI — June 2021: State of the Economy

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Economists are optimistic that Americans will be eager to act upon pent-up demand as they get past the worst of the pandemic…

Global Light Vehicle (LV) sales increased to 87.5 mn units/year during March, a welcome improvement compared to an estimate of 81.8 mn units/year last month. Sales posted a 52.7% year-over-year increase; however, the number is heavily distorted due to the profound impact of the pandemic during this timeframe last year, according to LMC Automotive. The… Continue reading KPI — May 2021: State of Business: Automotive Industry