Economic & Analysis News

Stay updated with the latest economic news and analyses. Read about economic reports, market analyses, forecasts, and expert insights on economic trends and policies. Discover how economic factors influence markets and business decisions.

Apr 17, 2025 at 1:16 PM

HdL Companies Reports Decline in California Sales Tax Receipts for Fourth Quarter of 2024

BREA, Calif.--(BUSINESS WIRE)--HdL Companies, a leading provider of revenue enhancement and economic development services for local governments, has released its fourth quarter 2024 sales tax data, revealing a 1.2% decline in local one cent sales and use tax receipts compared to the same quarter last year, after adjusting for accounting anomalies. Andy Nickerson, CEO of HdL Companies, commented on the results: "The fourth quarter is typically the highest sales tax generating period of the year,...
Apr 17, 2025 at 9:15 AM

bioAffinity Technologies Increases Efficiency of CyPath® Lung Test by Boosting Data Acquisition Throughput by 50% and Reducing Unit Cost

SAN ANTONIO--(BUSINESS WIRE)--bioAffinity Technologies is implementing efficiency measures for CyPath Lung that streamline lab processing and data acquisition and reduce lab costs....
Apr 17, 2025 at 9:00 AM

LG Ad Solutions Annual Big Shift Report Underscores TV’s Evolution Into a Multi-Channel Hub for Discovery, Commerce, and Engagement

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--LG Ad Solutions, a global leader in connected TV (CTV) and cross-screen advertising, today announced findings from “The Big Shift 2025” – the company’s fourth installment of its annual insights series to determine consumer perceptions and behaviors related to CTV viewership. The connected TV home screen has evolved beyond just a gateway to shows and movies. Viewers are now embracing their TV’s broader capabilities, engaging with built-in content hubs for...
Apr 17, 2025 at 8:30 AM

24% of Americans are Scrapping Plans to Make a Major Purchase Like a Home or Car Due to Tariffs: Redfin Survey

SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Nearly one in four (24%) U.S. residents are canceling plans to make a major purchase, such as a home or a car, because of President Trump’s new tariff policies, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. An additional one in three (32%) are delaying plans to make a major purchase. That’s according to a Redfin-commissioned survey conducted by Ipsos between April 10-14, 2025. The nationally repre...
Apr 17, 2025 at 8:00 AM

Redfin Reports Home-Price Growth Is Losing Steam As Buyers Back Off Amid Economic Instability and High Costs

SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Nationwide, the median home-sale price rose 2.6% year over year during the four weeks ending April 13, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. That’s roughly the same as the increases Redfin has seen over the past month, but down from 5% to 6% growth at the end of 2024 and the start of 2025. On a metro level, the median home-sale price is down from a year ago in 10 of the 50 most populous U.S. m...
Apr 17, 2025 at 8:00 AM

Strategic Vision Study Shows The Art of the (Tariff) Deal Leaves Consumers Scrambling or Stalling Amid the Chaos

SAN DIEGO--(BUSINESS WIRE)--As the Trump administration’s shifting tariff policies continue to change with each new headline — often framed as part of the “Art of the Deal” — consumers nationwide are left grappling with uncertainty and, more troublingly, a declining sense of financial security. A new study from Strategic Vision reveals that these unpredictable moves drive a three-way split in reactive behavior: nearly one-third of near-term vehicle buyers are rushing to finalize purchases befor...
Apr 17, 2025 at 7:00 AM

Redfin Reports U.S. Homes Are Selling at the Slowest Pace in 6 Years

SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — The typical U.S. home that went under contract in March was on the market for 47 days—the longest period for any March since 2019. That’s according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. By comparison, the typical home was selling in under half that time during the peak of the pandemic homebuying frenzy. March marked five years since the coronavirus was declared a pandemic, and many U.S. housing metr...
Apr 16, 2025 at 2:00 PM

Bankruptcy Inquiries Hit Pandemic-Era Highs, Warning of Summer Surge

ADA, Okla.--(BUSINESS WIRE)--Bankruptcy inquiries surged in the first quarter to their highest level since early 2020, signaling a potential summer wave of filings, LegalShield reported today. The legal service provider's data, historically a leading indicator of bankruptcy and other consumer financial trends, suggests record consumer debt and new tariffs could push financially strained households past their breaking point. "Bankruptcy inquiries hit the highest we've seen since early 2020, just...
Apr 16, 2025 at 1:40 PM

Analysis: The Hidden Cost of Leaving Your 401k Behind: How $4.55 Per Month Can Cost You Nearly $18,000

NEW YORK--(BUSINESS WIRE)--When you leave a job, you might not think twice about what happens to your 401(k). But what you don’t think about can cost you. New analysis from PensionBee reveals how discreet non-employee fees on retirement accounts can snowball into nearly $18,000 in lost funds over time. The findings highlight the surprising impact of these innocuous account maintenance fees on left-behind retirement accounts. When employees change jobs, many retirement providers may start chargi...
Apr 16, 2025 at 1:20 PM

Solar Sector Sees $4.8 Billion in Corporate Funding in Q1 2025, Reports Mercom Capital Group

AUSTIN, Texas--(BUSINESS WIRE)--Mercom Capital Group, a global clean energy communications and consulting firm, released its report on funding and merger and acquisition (M&A) activity for the global solar sector in the first quarter of 2025. Total corporate funding in the solar sector reached $4.8 billion across 39 deals in Q1 2025—a 41% decline year-over-year (YoY) compared to $8.2 billion raised through 42 deals in Q1 2024. However, funding was up 20% quarter-over-quarter (QoQ) from the...
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