Tag: recession
How to make your dealership recession proof — Jason Frampton |...
Ken Garff Automotive Group, ranked ninth on Automotive News’ list of the top 150 dealership groups, continues to invest and grow their operations. On...
The evolution of auto consumer finances in the wake of economic...
With a possible recession on the horizon for the U.S., it is more important than ever for dealers to understand the status of consumer...
Economists believe a recession will start this year, later than initially...
Despite progressively rising interest rates, 58% of economists surveyed by the National Association for Business Economics (NABE) believe that a recession will occur at...
Inflation growth in January surprises analysts, but recession remains uncertain
Inflation outpaced expectations in January as the consumer price index (CPI) gained 0.5%, but despite the new numbers the recession debate remains unresolved.
The CPI...
Bloomberg’s Kevin Tynan on macroeconomic concerns for automotive retailers in 2023
There have been winners, losers, and a lot of discussion surrounding the direct-to-consumer model in retail automotive during 2022. Kevin Tynan, Senior Automotive Analyst...
Bloomberg economists forecast 100% chance of US recession in the next...
New Bloomberg Economics model projections made the likelihood of a US recession 100% within the next 12 months.
The latest recession probability models forecast a...
Billionaire investor Ray Dalio predicts recession, high interest rates
Ray Dalio, a prominent investor, and Bridgewater Associates founder, shared his opinion about inflation, falling stock prices, and future interest rate increases on social...
Former Fed economist Stephen Roach sheds light on recession concerns
Stephen Roach, Senior Fellow at Yale University's Jackson School of Global Affairs, appeared on CNBC's "Fast Money" where he said the U.S. needs a "miracle" to...
U.S. job growth remains strong in June despite recession fears
Although there are some weak spots in the U.S. economy, job growth accelerated at a much faster pace in June and is still strong...
J.D. Power’s Tyson Jominy shares his auto retail predictions for Q4
In the third quarter, as record sales and consumer spending declined, we talked to Tyson Jominy, Vice President of Data and Analytics at J.D....
