What Happened in Wholesale? (NAICS 425120 Changes in 2018)

In the last quarter of 2017, there were over 210,000 private sector establishments in the wholesale trade agents and brokers industry (NAICS 425120) according to the Bureau of Labor Statistics (BLS). Just one quarter later, however, the number of these establishments plummeted by 27%.

Chmura Recession Monitor Through June 2019: 35%

Economic growth in the United States has generally been modest to moderate since the recovery began in the 3rd quarter of 2009. After increasing at a 4.2% annual rate in the 2nd quarter of 2018, real GDP rose at a 3.4% annual rate in the 3rd quarter as growth in consumer spending remained strong and a healthy contribution to growth from change in private inventories offset a subtraction from trade. Due to the 9.2% drop in the S&P 500 in December and the narrowing yield spread, the probability of recession jumped to 35% through June 2019.

Highlights from EQ Connect 18

The EQ Connect 18 conference was a success on many levels. From the speakers, to the attendees getting JobsEQ FIT certified, to the Salamander Resort, we had numerous epiphanies. The unexpected snow was the biggest epiphany of them all! Yes, Virginia, there are still epiphanies! As a special treat, Reilly, the Chief Data Dog, was available throughout the conference for selfies with our attendees! It was quite the social media hit!

Economic Impact: The economy is performing well but are there signs a possible recession is looming?

A shopper checks out holiday ornaments inside the Target store at 9001 Staples Mill Road in Henrico County on Nov. 19, a few days ahead of Black Friday. Over the past month, many analysts have started to talk about the possibility of a recession looming in 2019. And with good reason. All three major stock market indices finished 2018 with their worst annual performance since 2008.