Higher interest rates and inflationary concerns are bringing a mixed bag to the housing market as mortgage apps decline year-over-year.
Another inflationary warning is imminent as consumer demand drops and high inventory strains warehouse capacity in the US.
ESA Car Keys | During 2022, Tesla earned profits of $12.6B on revenues of $81.5B, making the automaker more profitable than GM and Ford combined.
After several years of double-digit growth, the home improvement sector will cool in 2023 on recessionary concerns and a slow housing market.
With interest rates soaring and inflation not subsiding, “demand destruction” has become more than just another catch phrase. Auto dealers need a plan today.