The Higgins Report: What’s in the Cards for the Economy?

April 26, 2023April 25, 2023 Joe Higgins economy, expertsource, Higgins, inflation

Inflation’s down, will interest rates follow?

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The Higgins Report: Gobs of Jobs

January 11, 2023January 10, 2023 Joe Higgins Higgins, industry, inflation, recession

2022 ends on an up note and the new year is looking even better

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The Higgins Report: High Employment Hurts Inflation Fight

December 14, 2022December 9, 2022 Joe Higgins economy, inflation, recession

November jobs numbers come in hot

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DuPage Turns the Page on High Prices

November 21, 2022November 21, 2022 Andy Kriege DuPage, inflation, parts supplier

Parts supplier leverages increased buying power to lower prices

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Consumers Still Shopping Despite Inflation

August 19, 2022August 22, 2022 Alan Wolf economy, inflation

Overall retail sales rose 10.3% in July.

What Goes Up: Following several quarters of accelerated sales, home goods bellwether Conn’s, with over 170 stores across 15 states, said a 13% decline in furniture and mattress revenue and a 25% decline in appliance sell-through contributed to an operating loss of $20 million within its retail segment for the three months ended April 30. Conns Inc.

Short Circuited: Best Buy’s sales and profits continued to deteriorate in the first quarter amid what the company described as an electronics recession, although it anticipates a rebound later this year or in 2024. StarTribune

If You Can’t Beat ’Em: Amazon said its independent sellers — which include ProSource members Abt Electronics, Walts TV and World Wide Stereo — collectively sold more than 4.1 billion products through its site last year, averaging more than $230,000 in sales. Amazon Small Business Empowerment Report