Key Performance Indicators Report — April 2023

THE SHOP created the Key Performance Indicators Report to provide shop owners with valuable economic and industry data in an accessible, time-saving manner. Click on any of the links below to access that data in this month’s report.

The Brief

Consumer confidence and sentiment remain mixed as costly inflation and ongoing labor shortages continue to impact consumers and business owners alike…

State of Business: Automotive Industry

Although new vehicle inventory is improving, the automotive industry remains supply constrained and profitability remains well above historical norms…

Recent Vehicle Recalls

A roundup of recent manufacturer safety recalls…

State of the Economy

The economy continues to add jobs in industries where labor shortages remain, while wage growth is above its pre-pandemic rate…

Consumer Trends

While consumers feel more confident about the future, they are slightly less optimistic about the current economic landscape…

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Categorized as Features

By A.J. Hecht

A.J. Hecht is the managing editor of THE SHOP and host of the In Gear with THE SHOP podcast. Have an idea, a tip, or a question you’d like to see answered? Contact A.J. at ahecht@cahabamedia.com.