Key Performance Indicators Report — February 2022

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

Despite the pandemic, the gross domestic product grew last year at its fastest clip since 1984…

State of Business: Automotive Industry

The U.S. manufacturing sector remains in a demand-driven, supply chain-constrained environment, but January was the third straight month with indications of improvements in labor resources and supplier delivery performance…

Recent Vehicle Recalls

A roundup of recent manufacturer safety recalls…

State of the Economy

While some experts expect inflation to slow by the end of 2022, some economic powerhouses believe ‘a perfect storm of events’ could lift inflation to 15% or more in the year ahead…

Consumer Trends

COVID-19, supply chain pressures, rising inflation, falling real incomes and ‘the extraordinary pace’ of rising home and stock prices led to a decrease in consumer sentiment…

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.