We’re diving into the good and bad news of today’s GDP report. Plus, canceled housing contracts help sink new home sales.
The economy grew, but not as much as expected. Some parts of the economy are slowing, but not as much as expected.
A good portion never make it back to store shelves.
“We’ve had a huge increase in co-working memberships and demand for that, as well as meeting room rentals,” said Audrey Hoyt, co-owner of The Pioneer Collective.
They’re down about 26% compared to a year ago.
Housing is one of the biggest parts of inflation, but current metrics lag by about a year. The new tenant repeat rent index aims to change that.