Key Performance Indicators Report — May 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

Year-ahead expectations for the economy declined amid renewed concerns about the trajectory of the economy…

State of Business: Automotive Industry

Supply disruption is projected to improve further but will remain an issue throughout 2023…

Recent Vehicle Recalls

A roundup of recent manufacturer safety recalls…

State of the Economy

Experts are hopeful the continued strength of the jobs market and signs of slowing inflation will ease market volatility in the coming months…

Consumer Trends

Data indicates consumer spending is decreasing in the face of persistently high prices and rising interest rates…

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.