by JoelNaroff | Apr 28, 2016 | Uncategorized
KEY DATA: GDP: +0.5%; Consumption: +1.9%; Income: +2.9%; Core Consumer Inflation: +2.1%/ Claims: +9,000 IN A NUTSHELL: “The economy eked out a gain in the first quarter but with incomes rising solidly, we should see better growth in the quarters to come.” WHAT IT...
by JoelNaroff | Apr 28, 2016 | Uncategorized
In a Nutshell: “Moderating economic growth and consumer spending keep the Fed on hold.” Rate Decision: Fed funds rate range maintained at 0.25% and 0.50% The FOMC members came, they talked, and they didn’t do much other than signal that they will continue to do not...
by sarahhiggins | Apr 26, 2016 | Uncategorized
Black Box Intelligence (formerly TDn2K) (Transforming Data into Knowledge) recently hosted its quarterly State of the Restaurant Industry webinar. This session featured guest speakers Margo Manning, Senior Vice President of Human Resources and Dolf Berle, President...
by JoelNaroff | Apr 21, 2016 | Uncategorized
KEY DATA: Leading Indicators: +0.2%/ Phila. Fed: -14 points: Expectations: +13.8 points/ Claims: down 6,000 IN A NUTSHELL: “The economy is continuing to expand slowly and the labor market is tightening, but the manufacturing sector remains weak.” WHAT IT MEANS: Next...
by sarahhiggins | Apr 18, 2016 | Uncategorized
Several years ago, I drove around the Phoenix market with a franchise owner who had successfully navigated the build and bust cycles in the telecom industry. As we approached busy trade areas, he would point to a bank and say, “There are too many banks.” Next would be...
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