Key Performance Indicators Report — February 2021

Feb 5, 2021

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

Optimism amongst small business owners declined as an increase in COVID-19 cases caused renewed government-mandated business closures…

State of Business: Automotive Industry

While 2020 will go on record as the lowest sales year for the automotive industry since 2011, the recovery is forecasted to continue in 2021…

Recent Vehicle Recalls

A roundup of recent manufacturer safety recalls…

State of the Economy

Economists are predicting a steady acceleration of economic activity that will peak in the summer months as consumers spend on services and goods they sacrificed in 2020…

Consumer Trends

As precautionary motives begin to ease, experts expect accumulated savings to spark a significant gain in spending in late 2021…