Economic data

Total Construction Starts Slip in June

Retrieved on: 
Tuesday, July 20, 2021

Total construction starts lost 7% in June, slipping to a seasonally adjusted annual rate of $863.6 billion, according to Dodge Data & Analytics .

Key Points: 
  • Total construction starts lost 7% in June, slipping to a seasonally adjusted annual rate of $863.6 billion, according to Dodge Data & Analytics .
  • Below is the full breakdown:
    Nonbuilding construction starts lost 13% in June, dipping to a seasonally adjusted annual rate of $171.8 billion.
  • Commercial starts rose 12% with all categories posting gains, while institutional starts fell by 9% and manufacturing starts lost 62% over the month.
  • Commercial starts were up 7% and manufacturing starts were 36% higher, while institutional starts were 5% lower through the first six months.

Cox Automotive June Forecast: Tight Inventory, High Prices Slow New-Vehicle Sales

Retrieved on: 
Monday, June 28, 2021

Vehicle sales in June are forecast by Cox Automotive to fall to a seasonally adjusted annual rate (SAAR) of 16.4 million, up from last year's 13.0 million but down from May's 17.0 million pace.

Key Points: 
  • Vehicle sales in June are forecast by Cox Automotive to fall to a seasonally adjusted annual rate (SAAR) of 16.4 million, up from last year's 13.0 million but down from May's 17.0 million pace.
  • June U.S. new-vehicle sales are expected to show a healthy pace but one that is slowing after a frenzied buying season.
  • June is expected to mark the second consecutive month of slowing sales after the market hit a red-hot, post-pandemic peak in April.
  • The April sales pace of 18.8 million was among the strongest sales months in history, but the frenzy is forecast to slow as inventory constraints are now pulling the market back down to earth.

Total Construction Falls in May as Housing Stumbles

Retrieved on: 
Wednesday, June 16, 2021

Total construction starts dropped 1% in May to a seasonally adjusted annual rate of $902.8 billion, according to Dodge Data & Analytics .

Key Points: 
  • Total construction starts dropped 1% in May to a seasonally adjusted annual rate of $902.8 billion, according to Dodge Data & Analytics .
  • Below is the full breakdown:
    Nonbuilding construction starts rose 5% in May to a seasonally adjusted annual rate of $199.2 billion.
  • For the 12 months ending May 2021, total nonbuilding starts were 5% lower than the 12 months ending May 2020.
  • Dodge Data & Analytics is North Americas leading provider of commercial construction project data, market forecasting & analytics services and workflow integration solutions for the construction industry.

Creatd Set to be Added to Russell Microcap® Index

Retrieved on: 
Monday, June 7, 2021

Membership in the Russell Microcap Index, which remains in place for one year, means automatic inclusion in Russell's appropriate growth and value style indexes.

Key Points: 
  • Membership in the Russell Microcap Index, which remains in place for one year, means automatic inclusion in Russell's appropriate growth and value style indexes.
  • FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings, and style attributes.
  • For more information on the Russell Microcap Index and the Russell indexes reconstitution, please refer to the "Russell Reconstitution" section on the FTSE Russell website .
  • A core set of universal principles guides FTSE Russell index design and management: a transparent rules-based methodology is informed by independent committees of leading market participants.

As Memorial Day Approaches, Tight Vehicle Inventory Slows Auto Sales

Retrieved on: 
Wednesday, May 26, 2021

Sales are expected to finish at a seasonally adjusted annual rate (SAAR) of 16.5 million, with sales volume at 1.54 million.

Key Points: 
  • Sales are expected to finish at a seasonally adjusted annual rate (SAAR) of 16.5 million, with sales volume at 1.54 million.
  • The first four months of 2021 have delivered a surprisingly strong light-vehicle market, with a sales pace close to 17.3 million through April.
  • Cox Automotive is expecting the tight inventory situation to remain throughout the summer and possibly for the rest of 2021.
  • Given the low supply and strong demand in the market today, buyers will find fewer "good deals" this Memorial Day weekend.

Construction Starts Slip in April as Housing Cools

Retrieved on: 
Tuesday, May 18, 2021

b'Total construction starts fell 2% in April to a seasonally adjusted annual rate of $853.5 billion, according to Dodge Data & Analytics .

Key Points: 
  • b'Total construction starts fell 2% in April to a seasonally adjusted annual rate of $853.5 billion, according to Dodge Data & Analytics .
  • Single family construction posted a sizeable decline following months of strong activity, while nonresidential building and nonbuilding starts both gained.\nThis press release features multimedia.
  • Starts in the environmental public works category were 37% higher, while miscellaneous nonbuilding starts were up 25%, and utility and gas plant starts were 3% higher.
  • Single family starts were up 31%, while multifamily starts were 6% higher.\nFor the 12 months ending April 2021, total residential starts were 12% higher than the 12 months ending April 2020.

Eight out of 10 Adults Say Financial Security Is Key to Achieving Life’s Goals, and Lincoln Financial Group’s New Advertising Celebrates Those Moments

Retrieved on: 
Monday, May 17, 2021

b'Americans recognize the value of financial security, but many are still on a journey to achieve it.

Key Points: 
  • b'Americans recognize the value of financial security, but many are still on a journey to achieve it.
  • The ads are featured across multiple platforms including television, social media, digital, podcasts, radio and print.
  • Headquartered in Radnor, Pennsylvania, Lincoln Financial Group is the marketing name for Lincoln National Corporation (NYSE:LNC) and its affiliates.
  • Lincoln Financial Group is a committed corporate citizen included on major sustainability indices including the Dow Jones Sustainability Index North America and FTSE4Good.

EURO STOXX 50 Index licensed to KB Asset Management

Retrieved on: 
Thursday, April 29, 2021

b'ZUG, Switzerland, April 29, 2021 /PRNewswire/ -- Qontigo has licensed the EURO STOXX 50 Index to KBSTAR ETF, the ETF division of KB Asset Management, to serve as an underlying for an ETF listed on the Korea Exchange.\n"Since the COVID 19 outbreak, local Korean investors\' interest in overseas assets have significantly increased.

Key Points: 
  • b'ZUG, Switzerland, April 29, 2021 /PRNewswire/ -- Qontigo has licensed the EURO STOXX 50 Index to KBSTAR ETF, the ETF division of KB Asset Management, to serve as an underlying for an ETF listed on the Korea Exchange.\n"Since the COVID 19 outbreak, local Korean investors\' interest in overseas assets have significantly increased.
  • We believe that the EURO STOXX 50 index , as the benchmark for European markets, is also capturing more investors\' attention and will lead to retail investors\' direct investment in the ETF.
  • The index has a fixed number of components and is part of the STOXX blue-chip index family.
  • The index captures approximately 60% of the free-float market cap of the EURO STOXX Total Market Index (TMI).

Cox Automotive March Forecast: U.S. Auto Sales Pick Up Pace Heading Into Spring

Retrieved on: 
Friday, March 26, 2021

The seasonally adjusted annual rate (SAAR) of sales this month is forecast by Cox Automotive to hit 16.5 million, up from February's 15.7 million pace and well above last March's dismal 11.4 million level.

Key Points: 
  • The seasonally adjusted annual rate (SAAR) of sales this month is forecast by Cox Automotive to hit 16.5 million, up from February's 15.7 million pace and well above last March's dismal 11.4 million level.
  • The Cox Automotive March forecast calls for U.S. auto sales to pick up pace heading into spring.
  • Sales volume is forecast to increase nearly 50% over last March and reach 1.48 million units.
  • The sales pace should improve this month after being hampered by winter storms that disrupted much of the country in February.

Brighton Health Plan Solutions Unveils Expanded Create® Technology Platform For Self-Insured Employers

Retrieved on: 
Thursday, December 17, 2020

The award-winning Create Technology platform can support any provider network, insurance carrier, third party healthcare vendor, or payroll platform.

Key Points: 
  • The award-winning Create Technology platform can support any provider network, insurance carrier, third party healthcare vendor, or payroll platform.
  • Brighton launched the Create Technology platform in 2017 to facilitate enrollment and engagement in Brighton's integrated delivery networks.
  • Brighton Health Plan Solutions (BHPS) is an innovative healthcare enablement company based inNew York Cityon a mission to improve how healthcare is accessed and delivered in the self-funded health plan market.
  • Together with our trusted partners, we are transforming the health plan experience with the promise of turning today's challenges into tomorrow's solutions.