Day: August 30, 2022

"Reshoring Is Soaring in 2022—with 350,000 New Jobs Predicted." I keep having doubts about the reality of reshoring (from China), but that trend line below is steep & positive & very linear. https://www.engineering.com/story/reshoring-is-soaring-in-2022with-350000-new-jobs-predicted See Factory Building Boom chart at: https://lnkd.in/gSJRF3V3 Construction of new mfg facilities in the US has soared 116% over the past year, dwarfing the 10% gain on all building projects combined. In January, a UBS survey of C-suite executives...

“…could mean that the recent decline in the real prices of oil, minerals, and agricultural products will persist.” https://www.project-syndicate.org/commentary/slower-growth-higher-interest-rates-lower-commodity-prices-by-jeffrey-frankel-2022-08?barrier=accesspaylog However, do not forget (from the FBR of Chicago): Durables had a larger inflation contribution in the U.S. than in ANY OTHER country in the OECD. “This strength in U.S. durable goods demand during the pandemic & recovery is unusual (hmmm, stimulus?)…Throughout most countries in the sample, consumers behaved as we...

I used to think these salary increases were impressive, but then I saw inflation. 2018 $: https://lnkd.in/gV53aggX.2020 $ (right before covid): https://lnkd.in/gz8WQEhr.2021 $ (deep into covid): https://lnkd.in/g-SfG93A & https://lnkd.in/gn5jM9xt. Had 2 former students this week leave their jobs because of $...After thousands of students, I would say the #1 reason my students change jobs is...their boss. Money becomes a factor when they can make >20% elsewhere (#2 on list below).https://lnkd.in/gtPvk_mx FYI: WMU students can major...