Business

Heavy Truck Sales Show Solid Growth in September

ByAudInsights.blog October 4, 2023November 23, 2023

According to the latest data from the Bureau of Economic Analysis (BEA), heavy truck sales in September 2023 recorded solid growth, showing a 5% increase compared to the same period last year. Graphs depicting heavy truck sales since 1967 highlight the impact of the great recession and the subsequent recovery, with sales reaching a record high of 570 thousand annual sales rate (SAAR) in April 2019.

Following the onset of the pandemic, heavy truck sales experienced a sharp decline, reaching a low of 308 thousand SAAR in May 2020. However, sales have since rebounded, with September 2023 seeing a sales rate of 513 thousand SAAR – a decrease from August’s 544 thousand but still an impressive increase from September 2022’s 490 thousand.

Traditionally, heavy truck sales witness a significant decline prior to a recession. However, September’s solid sales indicate a strong market performance. In related news, total vehicle sales, including both heavy and light vehicles, rose to 15.67 million SAAR in September, marking a 15% year-on-year increase.

The impact of vehicle sales on Federal Open Market Committee (FOMC) policies is well-documented, although it lags behind the influence of housing. This time around, supply chain disruptions have played a significant role in suppressing vehicle sales. Nevertheless, recent trends show a resurgence in sales.

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Source: Heavy Truck Sales Solid in September, Up 5% YoY

Recognizing Unsung Heroes: Honoring Game Development Staff at The Game Awards

December 2, 2023December 2, 2023 Business

The Game Awards should consider recognizing the hard work of the unsung heroes in game development. Just like the Oscars acknowledge different aspects of filmmaking, such as sound mixing and editing, The Game Awards should honor the individuals who contribute to creating immersive gaming experiences. Fortunately, GamesBeat’s “Pixels to Pop Culture” event will explore this human element before The Game Awards. As for new releases, check out the recommended games to play this week.

Rite Aid Files for Bankruptcy, Faces Potential Store Closures

October 16, 2023November 11, 2023 Business

Rite Aid has filed for voluntary Chapter 11 bankruptcy, potentially leading to the closure of more stores. The company estimates its assets and liabilities to be in the range of $1 billion to $10 million. Rite Aid has secured $3.45 billion in new financing and appointed Jeffrey S. Stein as the new CEO. Legal issues, including an ongoing lawsuit from the US Justice Department, will also be addressed.

Controversy Surrounds Dutch Translation of Omid Scobie’s Book on the British Monarchy

November 29, 2023November 30, 2023 Business

Dutch translations of Omid Scobie’s book ‘Endgame’ have been pulled from shelves due to a controversial translation error. The book allegedly named a royal family member involved in racially insensitive remarks about Prince Archie’s skin color. The error has resulted in the temporary removal of the book from sale, and a revised edition will be published later. Scobie clarified that none of the versions of the book he worked on contain the names of the individuals involved in the alleged conversation. The controversy stems from Prince Harry and Meghan Markle’s interview with Oprah Winfrey, in which they discussed concerns about their son’s skin tone within the royal family. Buckingham Palace declined to comment on the book.

NASA’s Space Tomatoes: A Long-Lost Journey

December 15, 2023December 15, 2023 Business

NASA recently recovered two long-lost space tomatoes that astronaut Frank Rubio had mistakenly misplaced in the International Space Station. Despite being dehydrated and slightly discolored, the tomatoes showed no signs of spoilage or microbial growth. The tomatoes were part of NASA’s VEG-05 project, which studies crop growth, food safety, and flavor in space. Although the tomatoes won’t be returning to Earth, plant research continues on the space station to explore genetic adaptations in space-grown plants and their transferability to future generations. Additionally, space gardening offers psychological benefits for astronauts, promoting quality of life and morale.

Jusant: A Mountain-Climbing Adventure Game That Excels in Simplicity

November 13, 2023November 22, 2023 Business

2023 has been a year of big games, but sometimes a game just needs to do one thing perfectly to be memorable. Jusant, a mountain-climbing adventure game, excels in its simplicity while offering a charming experience. In this game, you play as a small protagonist who climbs anything in their path with amazing dexterity. With intuitive mechanics and a captivating story told through context clues, Jusant is worth playing for its focused gameplay. Additionally, this week brings exciting news for the gaming industry, including the announcement of an event discussing the intersection of games and Hollywood, as well as new game releases and additions to subscription services.

Family Discovers Wrong Woman in Casket at Loved One’s Funeral: A Shocking Mix-Up

November 18, 2023November 25, 2023 Business

A family in Mississippi arrived at the funeral home to find a stranger in their loved one’s casket. The funeral home had mistakenly placed another deceased woman in the casket and had dressed her in the family’s loved one’s clothes and jewelry. Despite the family’s concerns, the funeral director was rude and unhelpful, demanding that they pay for everything all over again. Thankfully, the mistake was discovered before the casket was closed and the wrong woman was accidentally buried. The funeral home agreed to purchase new clothes for the deceased woman, but did not switch the casket. As of now, the funeral home has not responded to requests for comment.

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