Articles by tag: economy

Detroit’s Draft Week Success: Hotels Can Bank on Event Tourism by Working in Conjunction with Major Events

Sarah Dandashy talks event tourism

During the NFL draft week in Detroit last month, the city achieved an unprecedented spike in hotel revenues, marking a significant milestone in its economic landscape. This surge is a reflection of a broader trend seen in other major cities during major events. It further demonstrates just how impactful event-driven tourism is on local…

Read More

Latest

Articles
Gasonomics: What’s Really Driving Energy Prices Higher?

Amidst the global energy market turbulence, the U.S. faces significant shifts in its energy prices and energy complex. Adding to the concerns, the Biden administration’s decision to offer zero oil and gas lease sales in 2024, influenced by the U.S. wind power industry, is set to further strain the supply-demand balance.  The spotlight is…

Read More
Articles
2024 Elections Will Be Determined by Voters’ Biases, Not the Economy, Research Suggests

The belief that a strong economy guarantees an incumbent’s re-election has long been a staple of political wisdom and the 2024 elections will be no different. This idea suggests that voters are driven by their wallets. As a result, they reward those in power when times are good and oust them when financial…

Read More
Articles
Can You Find Your Home Sweet Home in This Unpredictable Housing Market?

In the fluctuating landscape of the current unpredictable housing market, potential homebuyers are navigating high mortgage rates, volatile economic conditions, housing changes and a tightening inventory. Home prices have shown a slight decline with the median existing-home sales price dropping 0.9% to $375,700 in March compared to a year ago. It’s the second month…

Read More
Energy
Gasonomics: Mergers and Acquisitions in the Energy Sector

The energy economy has been unpredictable as of late for a number of reasons, including the changing of federal administration in early 2021. As a result, the amount of mergers and acquisitions in the energy sector has been lower. How does this happen, what does it mean for current energy solutions, and what can be…

Read More
Articles
The Inflation Train Slows Overall But Gains Renewed Month-to-Month Steam. What Does This Mean for Businesses?

Gauging the consequences and status of persisting inflation can be a slippery endeavor, as most inflation news usually carries good and bad elements. Based on the most recent inflation update, the February CPI report, inflation seems to be meagerly slowing down; consumer prices have risen 6% since last February, down from the 6.4% YoY increase…

Read More
Articles
A Deep Dive into this Week’s International Energy Complex

On the latest episode of Gasonomics, Tim Snyder of Matador Economics takes a deep dive into the recent week’s energy complex. The macro data is out: the consumer price index, producer price index, and retail sales for this time reveal new worries for a continuation of the numbers – and mean lower markets with higher…

Read More

Latest

innovations in healthcare
Innovations in Healthcare: A Discussion with Dr. Craig Joseph at HIMSS 2024
May 24, 2024

Innovations in healthcare were easy to spot at the recent HIMSS 2024 conference. Healthcare Rethink’s Brian Urban caught up with one of those innovators for a live discussion at HIMSS 2024. podcast, Their conversation opens a window and dialogue into the cutting-edge trends reshaping healthcare technology today. This episode features Dr. Craig Joseph, the…

Read More
Preventing burnout
Achieving Professional Growth and Preventing Burnout: The Importance of Time Management and Support Networks in a Fast-Paced World
May 23, 2024

In today’s fast-paced world, balancing professional growth with personal well-being is more crucial than ever. With the rise of remote work, digital transformation, and the constant hustle culture, finding this balance has become a significant challenge for many. A survey conducted by Deloitte suggests that a whopping 77% of professionals experience burnout at work….

Read More
Fan-Centric Business Transformation
Prop Room
May 23, 2024

In this episode of the Fans First series, Jesse Cole, the mastermind behind the Savannah Bananas, shares with us that in the vibrant world of marketing, creativity knows no bounds—a philosophy embodied by a prop room and studio teeming with eclectic costumes and outlandish ideas. This creative hub, seemingly disconnected from conventional themes like bananas,…

Read More
Ace Gardner and Jacob Lewis discuss NIL Deals and Transfer Portals
NIL Deals and Transfer Portals are Also Impacting College Staff and Their Roles
May 23, 2024

College sports is undergoing a significant transformation with the advent of Name, Image, and Likeness (NIL) rights and the increasing prevalence of transfer portals. These changes are reshaping how college staff operate, presenting both opportunities and challenges. With the rise of NIL deals and transfer portals, understanding the behind-the-scenes impact on college coaching staff…

Read More
Other Articles
A Sharp Increase in Mexican Steel Imports is Posing Risks for U.S. Manufacturing and U.S. National Economy
March 1, 2023

The rapid increase of Mexican steel imports can have some dire consequences in the near future for the American economy. Several years ago the U.S. and Mexico agreed to a tariff deal that would allow Mexican steel to be imported duty-free into the U.S., while also under the terms that it would not exceed a…

Read More
Why You Need to Pay Attention to the Rising Cost of Diesel
January 25, 2023

Welcome to 2023, a year of change. Given last year’s waves of inflation, many are hopeful this year will bring in lower prices and higher purchasing parity. However, while some markets in the U.S. are trending toward recovery, others, like grocery prices, are still on the rise. What might be happening behind the scenes…

Read More
Real Estate Prices are Falling, but Interest Rates are Rising. Manhattan Real Estate Sales are Dipping as a Result…What’s in Store for the Future?
January 23, 2023

Housing prices soared during the peak of the pandemic in 2020 at a 30-year record-high appreciation rate of two percent between May and July. The price tags in real estate are finally falling a bit, but the interest rates are going the opposite way, says Forbes. What is the result? The industry is seeing some…

Read More
How Rising Prices will Impact the Economic Forecast for Spring 2023
January 23, 2023

Global economies are still reeling and the results of that have shown up the year-end reviews of how several markets have performed. Tim Snyder, Economist at Matador Economics, recently discussed a few of these notable changes and his predictions for this spring. His economic forecast: a lot of fluctuation. For example, the energy complex recently started…

Read More
Will Consumers Be Seeing Higher Prices as the Result of the Tightened Supply Chain?
November 1, 2021

Key Points: Consumers are going to see many more price increases by other producers as long as supply chain issues continue. Companies are trying to to figure out if these issues are temporary or if they’re the new normal. The biggest problem in the supply chain process is tension between companies hesitant to adapt…

Read More
US Economy Adds 943,000 Jobs in July, Far Exceeding Expectations
August 11, 2021

The Bureau of Labor Statistics released the encouraging data on Aug. 6. Economists had predicted an addition of 870,000 jobs in July. Data for June was also updated and showed gains with 938,000 jobs added in that month. Economists seem optimistic about the U.S. economy’s recovery. “I have yet to find a blemish in this…

Read More
3 Ways Extreme Heat Can Hurt the Economy
August 11, 2021

As dozens of cities in the West experience all-time high temperatures, 2021 is expected to have one of the hottest summers on record. The extreme heat has caused hundreds of deaths, sparked wildfires and worsened drought conditions in over a dozen states. Business Insider cites a large body of work that links heat to economic…

Read More
Wingstop Shares Tumble After Chicken Wing Prices Start Soaring
July 28, 2021

(Bloomberg) — Wingstop Inc. is falling Wednesday despite a strong earnings report as investors increasingly fear inflationary risks as the price of chicken wings keeps rising. The Dallas-based chain saw its shares plunge as much as 10% at the open before bouncing back. They were down 4.5% at around noon. Price hikes could pressure its…

Read More
Key Takeaways From the June U.S. Retail Sales Data
July 19, 2021

US Retail sales jumped .6% in June over May and 18% over June of last year. Tune in below as Stacey Widlitz, president of SW Retail Advisors, breaks down the June U.S. retail numbers and what they mean for the American economy. “I think what’s most interesting is a lot of brands are saying that’s…

Read More