Mid-priced ICE vehicle fueling costs up over $1.30 per 100 miles in Q1 2022

Cost to fuel a mid-priced EV up less than $0.10 over 2021 prices Print or download release East Lansing, MI–May 11, 2022: The cost of fueling a traditional Internal Combustion Engine (ICE) vehicle grew by more than $1.30 per 100 miles in the first quarter, driven by the high cost of gas. In the same […]

Legal Cannabis Market Grew Steadily Through July 2021, but Volatile Since Then

EAST LANSING, Mich. – The legal cannabis market in the U.S. showed steady growth throughout 2020 as more states legalized cannabis and products became more widely available, peaking in summer 2021, according to Anderson Economic Group’s AndCan®Index, part of its new cannabis dashboard released today. Since its peak in July 2021, the market has been […]

New Release: Real World Cost of Fueling EVs and ICE Vehicles (Second Edition)

High Gas Prices Boost Electric Vehicle Value Proposition in 2021 Patrick L. Anderson, Principal and CEO Alston D’Souza, Senior Analyst 2nd Edition of comprehensive fueling cost study shows that, for EV drivers primarily charging at home, mid-priced EVs typically cost 50 cents more; luxury EVs $5 less per 100 miles  Anderson Economic Group has released the […]

Automotive Industry Alert: Burning Felicity Ace Could be a Half-Billion Dollar Disaster

February 21, 2022 – East Lansing, MI – The giant car-carrying Felicity Ace began to burn last Wednesday, and its crew safely abandoned ship the same day. Based on Thursday’s initial reports (which indicated the entire crew had abandoned ship and that the vessel was still burning), we estimated impending losses while presuming some salvage […]

UPDATED “Freedom Convoy” Disruptions: Direct Loss Tally Surpasses One Quarter Billion Dollars

February 14, 2022 – East Lansing, Michigan –Anderson Economic Group has updated our February 10th estimate of lost auto industry wages due to the trade disruptions in Sarnia and Windsor, Canada associated with the “Freedom Convoy” protests. Our updated estimate includes lost direct wages for Michigan, lost direct wages in Ontario, and some lost direct […]

Extraordinary Increase in Vehicle Prices Outpaces Wage Growth in 2021

2021 a Tough Year for Would-Be Buyers East Lansing, MI–January 20, 2022: Anderson Economic Group has released the results of their recent analysis comparing new and used vehicle price increases to wage growth in the US private sector. The firm’s experts analyzed US Bureau of Labor Statistics data related to the Consumer Price Index (CPI) […]

Real-World Electric Vehicle Fueling Costs May Surprise New EV Drivers

Note: This release refers to the First Edition of this report. The Second Edition, released April 6, 2022, can be found here.     6 months of independent research finds fueling costs for electric vehicles (EV) are often higher than for internal combustion engines (ICE) East Lansing, MI–October 21, 2021: Anderson Economic Group released today […]

AndCan® Index August 2021 Release

May Cannabis Demand, Legal U.S. Markets For additional insight regarding AEG’s AndCan® Index and trends in the legal cannabis space, contact our industry experts online or at 517.333.6984. About the AndCan® Index Launched in June 2017, the monthly AndCan Index reflects observed demand from U.S. states with legalized markets, along with estimated latent demand in [...]

Michigan marijuana retailers spread across Michigan, room for expansion remains

New geographic analysis by experts at Anderson Economic Group (AEG) shows that, after little more than eighteen months, the retail cannabis industry has spread quickly across Michigan. “Over 80% of Michiganders now live within a 20-minute drive of an adult-use retail store,” said Brian Peterson, AEG director of public policy and economic analysis. “Our analysis […]

Illinois consumer access to cannabis on the rise, but choices still limited

Chicago, IL—New analysis by experts at Anderson Economic Group shows that consumer access to retail cannabis in Illinois is on the rise. “Four in five Illinois residents now live within a 20-minute drive of an adult-use cannabis dispensary, and three in four are within a 20-minute drive of a medical cannabis dispensary,” said Andrew Miller, [...]