Key Performance Indicators Report — February 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

The labor shortage continues to be a major concern for small businesses, as nearly all owners trying to hire are reporting no or few qualified applicants…

State of Business: Automotive Industry

Affordability concerns could negatively impact the expected recovery of global vehicle sales…

Recent Vehicle Recalls

A roundup of recent manufacturer safety recalls…

State of the Economy

Overall job growth climbed in the latest reports, increasing the probability of a soft landing…

Consumer Trends

Uncertainty over short-run inflation expectations ticked up recently, indicating the potential for continued volatility in the year ahead…

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.