Tyler Cralle

Category: The Blog

Total 89 Posts

New Study Says Lockdowns Didn’t Work

A new study found that mandatory lockdown orders early in the pandemic did not provide significantly more benefits than other voluntary measures, such as social distancing or travel reduction (Newsweek) “Implementing any NPIs was associated with significant reductions in case growth in 9 out of 10 study countries, including South

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Retail Sales Fell Again

The U.S. Census Bureau announced that advance estimates of U.S. retail and food services sales for December 2020 showed a decline for the third month (Census Bureau) Advance estimates of retail and food services sales for December 2020 were $540.9 billion DOWN: This was a decline of .7% compared to

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Foreclosure Activity Drops to 16-Year Low

According to data from ATTOM Data Solutions, foreclosure filings were reported on just 214,323 U.S. properties in 2020 (ATTOM Data Solutions) …down 57 percent from 2019 and down 93 percent from a peak of nearly 2.9 million in 2010, to the lowest level since tracking began in 2005…Those 214,323 properties

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New Business Formations Dropped 28.5% in Q4

Applications to start new businesses plunged in the fourth quarter according to data from The Commerce Department (Census Bureau) Business Applications for the fourth quarter of 2020, adjusted for seasonal variation, were 1,115,984, a decrease of 28.5 percent compared to the third quarter of 2020.

Modest Growth to End 2020

The U.S. economy grew “modestly” in the final weeks of 202, a Federal Reserve report said Wednesday (Wall Street Journal) According to Wednesday’s report, parts of the country saw declines in retail sales and in demand for hospitality and leisure services—the industries hardest-hit by the pandemic….Other sectors, such as manufacturing

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