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New Vehicle Inventory at Two Year High

May 2023

Cox Automotive’s analysis of Auto Available Inventory data showed that new-vehicle inventories reached its highest level in two years in March.  The U.S. supply of unsold vehicles ended the month at 1.89 million, the highest…

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Negative Equity on Vehicles is Climbing Again after a Pandemic Slump

May 2023

Average negative equity on vehicle trade-ins has nearly returned to pre-covid levels.  Rising used vehicle prices in 2020 and 2021 caused average negative equity to fall by a third to a low of $4,000 in…

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CFPB Finalizes New Rule Expanding Data Collection Requirements for Small Business Credit Applications

May 2023

On March 30, the CFPB finalized a new rule for data collection on small business credit applications. Banks, credit unions, savings associations, and other non-bank lenders will be required to collect and report demographic and…

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60% of Companies Expect to Increase Marketing Budgets within the Next Year, with the Greatest Portion Dedicated to Marketing Technology

May 2023

A recent survey of over 650 senior marketing leaders found that more than half plan to increase digital marketing spending over the next year. An additional 58% of respondents reported increased utilization of marketing technology…

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Private Equity Dollars are Chasing Business Migration to Florida

May 2023

In 2022, Florida companies received the third-highest private equity investments within the United States at over $74 billion, behind Texas and California. Investments in the healthcare and manufacturing sectors led deal activity, with Kinderhook Industries…

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