The S&P 500 suffered a 5.8% decline, making March the stock market index’s worst month since December 2022 as concerns mount over Trump administration tariffs on imported goods. +
The Conference Board’s U.S. Consumer Confidence Index has fallen 7.2 points year-over-year to 92.9, weighed down by a 12-year low of 65.2 for the board’s Expectations Index. +
The U.S. Bureau of Labor Statistics reports the annual rate of inflation fell from 3% in January to 2.8% in February on a year-over-year basis, slightly below the forecasted rate of 2.9%.+
Protective Asset Protection’s “groundbreaking” DOWC RE structure was designed to combine the benefits of traditional reinsurance programs with those of a dealer-owned warranty company. +
The Conference Board’s U.S. Consumer Confidence Index fell seven points to 98.3 in February, driven by an underwhelming short-term outlook for income, business and employment prospects. +
Few of the leading economists surveyed by Wolters Kluwer expect the Federal Reserve to announce an interest rate cut at its March meeting as inflation shows few signs of abating in 2025. +
The consumer price index rose for the fourth straight month in January, pushing inflation to a 3% year-over-year increase in the same month the Fed announced a pause to interest rate cuts. +
Vanguard Dealer Services’ Dylan Doran shares advice for dealers who are considering whether to reinsure their GAP following years of instability in the market and beyond. +
Economist and Forbes contributor Jason Schenker lists five key trends that will determine the performance of dealers’ investment portfolios in 2025, including an accelerating GDP. +
The Commerce Department reports the U.S. real gross domestic product increased 3.1% year-over-year in the third quarter, with retail trade serving as the lead contributor in 39 states. +