ITR Economics

This week on TrendsTalk, ITR Economist Taylor St. Germain examines how soaring data center construction is fueling record-high electricity prices and what that means for your business. With U.S. electric power costs hitting new highs, companies face growing challenges tied to infrastructure strain and future energy policy changes.

This week on TrendsTalk, Taylor St. Germain breaks down where US exports and imports are growing, which countries are losing ground, and why the EU has emerged as the clear trade “winner” in 2025. Despite these changes, the US remains the top destination for foreign direct investment, a key driver for onshoring, reshoring, and long-term industrial growth. What will this mean for manufacturers and business leaders heading into 2026?

This week on TrendsTalk, Taylor St. Germain from ITR Economics unpacks the latest leading indicators for the US Industrial Economy. While growth is still on the horizon for 2026, several key indicators are moving sideways, signaling a milder rise than previous recovery cycles. What does this mean for capacity planning and business strategy? Tune in to learn why understanding not just the direction but also the amplitude of growth is critical for accurate forecasting and planning.

This week on TrendsTalk, Taylor St. Germain reviews the latest data showing manufacturing’s growth rate accelerating after a tough 2024. While some sectors like heavy-duty trucks, medical equipment, and light vehicle production remain under pressure, the outlook points to recovery in 2025 and broad-based growth by 2026. Will your business be ready to keep up with the pace of expansion?

This week on TrendsTalk, Taylor St. Germain from ITR Economics explains the concept of “profitless prosperity”, a future where businesses see revenue growth but shrinking profit margins due to rising costs. While economic growth is expected through 2028, inflation and cost pressures may limit profitability. How can your business avoid this trap? Taylor outlines strategies for balancing pricing power with productivity and efficiency, and why developing a three-year plan is critical for protecting margins in an inflationary environment.

This week on TrendsTalk, Taylor St. Germain break down how different income brackets are handling rising costs in food, housing, and healthcare. While higher earners continue to see spending remain below historical averages, lower and middle-income households are facing mounting affordability challenges. What does this divide mean for consumer spending and long-term economic growth?

This week on TrendsTalk, Taylor St. Germain shares the latest housing market update. Single-family housing starts are in a slowdown now, but forecasts point to growth in 2026 and 2027. We review current mortgage rates, home prices, and how incomes are expected to outpace inflation. What do the latest trends mean for homebuyers, builders, and the real estate market outlook? Tune in to learn more!

Purchase the recording of our July Webinar “Contending With Uncertainty and Change” → https://hubs.la/Q03wX5Jk0 Contact us today to learn more about how you can benefit from Financial Resilience! → https://hubs.la/Q035Qlcs0 This week on TrendsTalk, we discuss where we are seeing some exciting growth happening in the US economy, with high-tech sectors such as data centers and semiconductors surging ahead while legacy industries remain flat. Which of these high-tech markets holds the biggest opportunities for your business? Tune in to find out!

Purchase the recording of our July Webinar “Contending With Uncertainty and Change” → https://hubs.la/Q03wX5Jk0 Contact us today to learn more about how you can benefit from Financial Resilience! → https://hubs.la/Q035Qlcs0 This week on TrendsTalk, we discuss the promising signs of near-term US economic growth, which include renewed momentum in industrial, manufacturing, and business investment. But with economic uncertainty still lingering, how can businesses best position themselves now to thrive when the economy soars? Tune in to find out.

Purchase the recording of our July Webinar “Contending With Uncertainty and Change” → https://hubs.la/Q03wX5Jk0 Contact us today to learn more about how you can benefit from Financial Resilience! → https://hubs.la/Q035Qlcs0 This week on TrendsTalk, we unpack the latest July jobs report and highlight what the data really says about the current state of the labor market. Tune in for strategic insights into cutting through the negative headlines and optimizing your hiring strategy in a weaker labor market!

Purchase our July Webinar “Contending With Uncertainty and Change” → https://hubs.la/Q03wX5Jk0 Contact us today to learn more about how you can benefit from Financial Resilience! → https://hubs.la/Q035Qlcs0 This week on TrendsTalk, ITR Economist Lauren Saidel-Baker joins the show to discuss the recent Federal Reserve decision to keep rates steady. With a growing internal division within the Fed, are we anticipating rate cuts in September? Watch this week’s episode to find out!

Register for our July Webinar “Contending With Uncertainty and Change” → https://hubs.la/Q03wX5Jk0 Contact us today to learn more about how you can benefit from Financial Resilience! → https://hubs.la/Q035Qlcs0 This week on TrendsTalk, we discuss how Private Nonresidential Construction has entered Phase D, Recession, as we highlight which sectors are contracting and which still show growth. How significant will this downturn be and when will we start to see signs of recovery for the segment? Tune in to find out!

Register for our July Webinar “Contending With Uncertainty and Change” → https://hubs.la/Q03wX5Jk0 Contact us today to learn more about how you can benefit from Financial Resilience! → https://hubs.la/Q035Qlcs0 This week on TrendsTalk, we break down why inflation remains a major hurdle for businesses, with interest rate relief unlikely and costs expected to climb through 2029. Want to grow your business without sacrificing margins in this high-cost environment? Tune in to learn how!

Register for our July Webinar “Contending With Uncertainty and Change” → https://hubs.la/Q03wX5Jk0 Contact us today to learn more about how you can benefit from Financial Resilience! → https://hubs.la/Q035Qlcs0 This week on TrendsTalk, we explore how the recently signed One Big Beautiful Bill relates to our 2030s Great Depression forecast. How will the record-setting government spending of today shape your business strategy for the next decade? Tune in to find out!

Contact us today to learn more about how you can benefit from Financial Resilience! → https://hubs.la/Q035Qlcs0 This week on TrendsTalk, ITR Economist Taylor St. Germain discusses the current lull in capital expenditures due to heightened trade policy uncertainty. However, with promising signs of recovery in the second half of the year, what can businesses do now to best position themselves for the expected growth through 2026? Tune in to find out!

Contact us today to learn more about how you can benefit from Financial Resilience! → https://hubs.la/Q035Qlcs0 This week on TrendsTalk, ITR Economist Taylor St. Germain highlights US Industrial Production, noting it is gaining momentum and is forecasted to improve steadily through 2026. What are the main sectors driving this growth? Are you positioning your business to make the most of the growth ahead? Watch the full episode to learn more!

Contact us today to learn more about how you can benefit from Financial Resilience! → https://hubs.la/Q035Qlcs0 This week on TrendsTalk, ITR Economist Taylor St. Germain notes that while US Retail Sales and GDP remain strong, consumer expectations are down – as sentiment is aligning more with stock market performance. Tune in this week to find out why headlines about consumer anxiety can be misleading for the broader economy.

Contact us today to learn more about how you can benefit from Financial Resilience! → https://hubs.la/Q035Qlcs0 This week on TrendsTalk, ITR Economist Taylor St. Germain highlights our forecast for US Single-Unit Housing Starts, noting that business leaders can expect a mid decline in 2025 due to several factors. What growth opportunities await in 2026 and 2027, and how can your business prepare to navigate the short-term slowdown and thrive in the years ahead? Tune in to learn more!

Contact us today to learn more about how you can benefit from Financial Resilience! → https://hubs.la/Q035Qlcs0 This week on TrendsTalk, ITR Economist Taylor St. Germain explains that while foreign and domestic investment in the US is surging, tariffs are not driving the reshoring trend. What is behind this surge and what key advantages make the US the top destination? Tune in to find out!

Contact us today to learn more about how you can benefit from Financial Resilience! → https://hubs.la/Q035Qlcs0 This week on TrendsTalk, ITR Economist Lauren Saidel-Baker highlights the reduction of both tariffs on Chinese imports and reciprocal tariffs for a 90-day period. How will this 90-day window with reduced tariffs impact on business costs and market competition? Tune in to find out!

Contact us today to learn more about how you can benefit from Financial Resilience! → https://hubs.la/Q035Qlcs0 This week on TrendsTalk, ITR Economist Taylor St. Germain reviews that 1Q25 US GDP data and provides expert insight into the 0.3% decline and how it compares to a traditional recession. With many businesses still in the recovery phase of the business cycle, what do our indicators tell us about the future of the economy, and how can businesses best prepare for the upcoming years? Find out here!

Contact us today to learn more about how you can benefit from Financial Resilience! → https://hubs.la/Q035Qlcs0 This week on TrendsTalk, ITR Economist Taylor St. Germain discusses the latest population growth data from 2020 to 2024. Which states have seen the most significant growth and decline so far this decade, and how much these population trends impact the economic opportunities in different states? Tune in to find out!

Contact us today to learn more about how you can benefit from Financial Resilience! → https://hubs.la/Q035Qlcs0 This week on TrendsTalk, ITR Economist Taylor St. Germain discusses the current economic uncertainty, highlighting that despite trade policy uncertainty, underlying data shows signs of strength. Are we feeling optimistic about economic growth in 2025 and beyond? Tune in to get the latest data-driven insights!

Contact us today to learn more about how you can benefit from Financial Resilience! → https://hubs.la/Q035Qlcs0 This week on TrendsTalk, ITR Economist Taylor St. Germain discusses the key drivers to our 2030s Great Depression forecast and highlights the political difficulties in implementing measures to mitigate the economic downturn. Tune in to make sure your business is ready to take on these impending economic challenges!

Contact us today to learn more about how you can benefit from Financial Resilience! → https://hubs.la/Q035Qlcs0 This week on TrendsTalk, ITR Economist Taylor St. Germain discusses the significant impact of tariffs on various industries, emphasizing the importance of understanding whether commodities are domestically sourced or imported. Want to learn more about which industries are the most affected by tariffs? Tune in to find out!

Contact us today to learn more about how you can benefit from Financial Resilience! → https://hubs.la/Q035Qlcs0 This week on TrendsTalk, ITR Economist Taylor St. Germain discusses the current state of US Manufacturing and our outlook for the industry. How can businesses leverage key leading indicators to prepare for what 2025 and 2026 will bring? Tune in to find out!

This week on TrendsTalk, ITR Economist Taylor St. Germain discusses the impact of inflation on the Producer Price Index, as well as the importance to developing strategies to manage rising costs. Are you prepared to handle the upcoming inflationary pressures to your business? Tune in to TrendsTalk for the latest insights and actionable advice!

This week on TrendsTalk, ITR Economist Taylor St. Germain discusses the impact of tariffs and leading indicators on the economy. Despite a sluggish start to 2025, will we see stronger economic growth in the second half of the year? Tune in to TrendsTalk to find out how these economic factors could affect your business!

2025 ITR Economics Summit→ https://hubs.la/Q035QkjZ0 Contact us today to learn more about how you can benefit from Financial Resilience! → https://hubs.la/Q035Qlcs0 This week on TrendsTalk, ITR Economist Taylor St. Germain shares encouraging news – US Industrial Production is approaching Phase B, Accelerating Growth, indicating a positive outlook for 2025 and 2026 for the industrial economy. While it is normal to feel the negative effects from the past year despite this positive trend, tune in to discover how you can best prepare for the coming growth ahead!

This week on TrendsTalk, ITR Economist Taylor St. Germain discusses the current state of the consumer and its impact on GDP growth. How are income trends, consumer spending, and debt levels shaping our economy? Tune in to find out! 2025 ITR Economics Summit→ https://hubs.la/Q035QkjZ0 Contact us today to learn more about how you can benefit from Financial Resilience! → https://hubs.la/Q035Qlcs0

2025 ITR Economics Summit→ https://hubs.la/Q035QkjZ0 Contact us today to learn more about how you can benefit from Financial Resilience! → https://hubs.la/Q035Qlcs0 This week on TrendsTalk, ITR Economist Taylor St. Germain discusses the rapid growth and economic impact of the data center industry. How much challenges such as rising electricity costs affect profitability of this booming sector? Tune in to find out!

This week on TrendsTalk, ITR Economist Taylor St. Germain reviews the state of the US labor market and the challenges it is facing today. With ongoing immigration issues and the labor market remaining tight, how important is hiring now? Tune in to learn more!

US Multi-Unit Housing Starts Revision and Outlook by ITR Economics

This week on TrendsTalk, ITR Economist Taylor St. Germain discusses the current state and future outlook of global supply chains, offering practical advice for navigating upcoming supply chain challenges. Tune in to learn more! 2025 ITR Economics Summit→ https://hubs.la/Q035QkjZ0 Contact us today to learn more about how you can benefit from Financial Resilience! → https://hubs.la/Q035Qlcs0

Key economic trends and leading indicator data suggests challenges ahead in 2025 for the commercial construction industry. What can business leaders expect for this downturn? And will there be opportunities for growth? Tune in to this week’s TrendsTalk for our actionable insights!

Timing your capital investments in 2025 is crucial! What strategies can you employ to focus on long-term ROI and positioning for future growth? Let our data insights guide you this week on TrendsTalk.

This week on TrendsTalk, ITR Economist Michael Feuz presents an analysis of the state of the consumer and its implications for our 2025 economic outlook. How are challenges such as inflation having an effect on consumer spending? Tune in to find out what the data says!

This week on TrendsTalk, ITR Economist Michael Feuz provides an in-depth analysis of both the single-unit and multi-unit housing markets and our outlook for 2025 and 2026. How important will labor retention be for construction in the coming years? Tune in to find out!

This week on TrendsTalk, ITR Economist Michael Feuz presents our economic outlook for 2025, provides an update on inflation and interest rates, and highlights the trends to watch out for throughout the year. How important will a strategic pricing strategy be in 2025? Tune in to find out!

This week on TrendsTalk, ITR Economist Taylor St. Germain provides a long-term analysis on both inflation and interest rate trends we will see in the second half of the decade. How can strategic business investments in 2025 help you for the years ahead of the 2030s depression? Tune in to learn more!

This week on TrendsTalk, ITR Economist Taylor St. Germain returns to provide a data-driven analysis of the indicators pointing to economic growth in 2025. Which leading indicators support our outlook for optimism in the future? Tune in to find out!

This week on TrendsTalk, ITR Economist Michael Feuz discusses the potential economic impact of tariffs and highlights three key considerations for business leaders as we move into 2025. Tune in to learn how to best navigate the economic landscape over the coming years!

This week on TrendsTalk, ITR Economist Michael Feuz highlights Canada’s economic outlook for 2025 along with several key indicators and their implications for the economy. Is Canada well-positioned for economic growth in 2025? Tune in to find out!

This week on TrendsTalk, ITR Economist Taylor St. Germain highlights our forecast for the 2030s depression despite the results of the recent US presidential election. How can business leaders make the most of these next few years of economic growth before the 2030s downturn? Tune in to find out!

This week on TrendsTalk, ITR Economist Taylor St. Germain discusses our economic outlook following the 2024 US presidential election. What are the three key factors backing our expectations for economic growth in 2025? Are you doing what you need to ahead of the 2030s depression? Tune in to find out!

This week on TrendsTalk, ITR Economist Taylor St. Germain discusses the latest jobs report from October. How is the tight labor market trending considering the demographic challenges? Tune in as Taylor advises businesses how to prepare for future growth despite the difficult labor situation.

This week on TrendsTalk, ITR Economist Taylor St. Germain discusses how the global economy is performing compared to the US economy, and provides our global economic outlook for 2025. How should you be preparing your business for what is to come next year, and what are the potential challenges that lie ahead? Tune in to this episode to find out!

This week on TrendsTalk, ITR Economist Taylor St. Germain provides an update on commercial construction trends, focusing primarily on the multi-family and nonresidential sectors. What is attributing to the weakness we are expecting in 2025? Tune in to find out!

This week on TrendsTalk, ITR Economist Taylor St. Germain returns to the show and highlights recovery for both US Industrial Production and US Manufacturing. Looking ahead, he reviews the sectors we expect to see economic growth in next year. What should you be doing now to capitalize on the opportunities coming in 2025? Tune in to find out!

This week on TrendsTalk, ITR Economist Michael Feuz highlights the latest US housing trends following the Federal Reserve’s interest rate cut in September. How did the 50-basis-point cut impact mortgage rates and refinancing activity, and how should businesses approach the residential construction market over the next few years? Tune in to find out!