Economist discovers lagging variables. News at 11

According to the report, rents gained 0.4% in August from the previous month, slightly lower than July’s 0.5% increase. Meanwhile, owners’ equivalent rent was up 0.5% for the month, higher than July’s 0.4% rise. Owners’ equivalent rent is the estimated rent a homeowner would pay if they were renting their own property. “To see OER …

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Labor market facing headwinds despite Fed policy; Sunbelt lagging.

The labor market is not secularly tight, robust, or whatever useless terms are thrown around on here. The headwinds continue to mount against labor. Fed policy impact having a lagged impact time on Sunbelt vs other West Coast states, but continues to be seen in openings. pic.twitter.com/svpB2tUO7i — Don Johnson (@DonMiami3) April 28, 2024

Amazon CEO warns about perfect storm – The retail landscape is expected to change significantly, with some major retailers facing lagging sales and changing consumer habits.

https://www.youtube.com/watch?v=u9TBs8-ddmc The nightmare in the retail sector never seems to end, and now Amazon, the second largest online and physical retailer in the world, is giving up on its brick-and-mortar operations, according to a new report and warnings issued by the company’s CEO Andy Jassy. Its stores continue to disappear amid the most dramatic shift …

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