The global beauty market is expected to reach $580B in 2027 despite inflation and economic slowdown, reports McKinsey. Carol VencilJune 9, 2023
U.S. Employers added 339,000 jobs in May defying expectations of a slowdown; unemployment rose to 3.7%. Carol VencilJune 5, 20232023
Shoppers are pulling back at Target, Home Depot as they face pressure from higher prices and borrowing costs. Carol VencilMay 19, 20232023
The Federal Reserve Bank of New York raised the fed funds rate to a target range of 5.0% - 5.25%. Carol VencilMay 5, 2023
Consumers continued to spend despite gross domestic product growth decelerating to 1.1% annually in first quarter per Commerce Department. Carol VencilApril 28, 2023
Consumers more optimistic about economy per The Conference Board's Consumer Confidence Index increasing slightly in March. Carol VencilApril 7, 2023
Retail sales will grow 4.0% - 6.0% in 2023 predicts the National Retail Federation. Carol VencilMarch 31, 20232023
Federal Reserve Bank of New York raised rates by 0.25% range of 4.75 to 5%. Carol VencilMarch 24, 2023
Janet Yellen, Treasury Secretary, said the nation’s “banking system is sound”. Carol VencilMarch 17, 20232023
Silicon Valley Bank collapsed today in the second-biggest bank failure; the Federal Deposit Insurance Corporation (FDIC) has taken control of the bank. Carol VencilMarch 10, 20232023
Private Equity deal activity slowed following the June 2022 rate hike, per Bain & Company’s 2023 Global Private Equity report. Carol VencilMarch 3, 20232023
Today marks one year into Ukraine War; a moment of silence for the world. Year over year inflation was 6.5% in December 2022, down from June's rate of 9.1%. Carol VencilFebruary 24, 20232023
Inflation slightly eased as the U.S. Consumer Price Index climbed a less-than-feared 6.4% in January vs LY. Carol VencilFebruary 17, 2023
Fed Chairman said the labor market’s surprising strength “ shows you why we think this will be a process that takes a significant period of time”. Carol VencilFebruary 10, 20232023
Federal Reserve Bank of New York raised interest rates a quarter-point to 4.75%, noting inflation has eased somewhat. Carol VencilFebruary 3, 20232023
U.S economic growth cooled to a 2.9% annual rate in Q4, after year of high inflation and rising interest rates. Carol VencilJanuary 27, 2023
Domestic retail sales grew 5.3% over 2021 for the period November 1 thru December 31 per the National Retail Federation, weaker than expected. Carol VencilJanuary 20, 20232023
