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Palomar Press Briefing | November 17, 2021



 INDUSTRY NEWS
November 17, 2021

PALOMAR BRAND AMBASSADOR, GREYSON SIGG, AIMS TO BE NEXT BULLDOG TO MAKE IT BIG

When Georgia coach Chris Haack goes to check on his guys at the RSM Classic he’ll have his work cut out for him. In total, 11 of Haack’s former players make their livings on the PGA TOUR, with Bubba Watson the only former Bulldog not in the field for this week’s RSM.

STORE OPENINGS ARE USHERING IN A “NEW AGE OF RETAIL”

A reasonably strong appetite for in-person shopping can be seen on both the demand and supply sides. A “new age of retail” has emerged in the wake of the COVID-19 pandemic, as brands begin to open physical store locations at a renewed pace, according to a new analysis from Moody’s Analytics.

U.S. RETAIL SALES SURGE AS AMERICANS KICK OFF HOLIDAY SHOPPING, BRIGHTEN ECONOMIC OUTLOOK

U.S. retail sales surged in October as Americans eagerly started their holiday shopping early to avoid empty shelves amid shortages of some goods because of the ongoing pandemic, giving the economy a lift at the start of the fourth quarter.

HOME PRICE GROWTH HAS TURNED THE CORNER

With buyers reaching their maximum capacity for affordability and becoming fatigued through the competitive home-sale process, it’s not surprising that the latest home-price gains data has slowed, according to the recent S&P CoreLogic Case-Shiller Index. “Overall, we are seeing home prices start to normalize after record growth and expect the trend to continue …”

A RECORD 3% OF AMERICAN WORKERS RESIGNED IN SEPTEMBER AMID INFLATION, PLUMMETING CONFIDENCE

Employers are raising pay to lure back workers who are part of the Great Resignation, but it’s proving not enough to keep up with inflation. What’s more, it doesn’t appear to be working. A record 3%, or 4.4 million American workers, resigned in September.

 

NRF FILES LAWSUIT TO POSTPONE VACCINE MANDATE; DEADLINE ‘VIRTUALLY IMPOSSIBLE’

The National Retail Federation is involved in a lawsuit against the Occupational Safety and Health Administration (OSHA) for its COVID-19 employer vaccine mandate. NRF filed suit on November 9 in the U.S. Court of Appeals for the Fifth Circuit.

 

 

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