Today in data, car prices are expected to remain high throughout 2022 as inventory levels are anticipated to be low because of supply chain hang-ups. Plus, companies are rethinking their office designs as more people return from their work-from-home routines of the past couple years, while the summer travel season could give a jolt to the travel industry.
Data:
9.75M: Number of vehicles produced by car manufacturers in March, a 7.8% increase from February
$400; $20,000 to $25,000: Average spent by consumers on home offices versus average spent by companies to outfit offices
600%+: Year-over-year growth in the enterprise business of people going back to the office in 2021
88%; 60%: Share of consumers who shopped for groceries and retail purchases, respectively, in March
19%: Share of consumers who purchased travel services in March, the highest in CE100 history
0.9%: Overall increase in factory production in March, the third straight month with an increase
