by JoelNaroff | Jul 29, 2016 | Uncategorized
KEY DATA: GDP: +1.2%; Consumption: +4.2%; Private Investment: -9.7%; Consumer Inflation: +1.9%/ ECI (Over Year): +2.3%; Wages: +2.5% IN A NUTSHELL: “The consumer is spending, but the failure of the corporate sector to invest is restraining growth.” WHAT IT MEANS: The...
by sarahhiggins | Jul 15, 2016 | Uncategorized
Last night, I got a call to action from my friend Robin Plotkin. She sent me this message at 8:12 PM. While I don’t work for a restaurant, I do work for a company that supports the restaurant industry and I immediately started to think of people who could help and...
by JoelNaroff | Jul 12, 2016 | Uncategorized
KEY DATA: Openings: -345,000; Hires: -49,000; Quits: -14,000/ NFIB: +0.7 point; Hiring: -1 point; Openings: +2 points IN A NUTSHELL: “Weakening job openings are not a good sign, though if the June employment report is any indication, the spring slump may be over.”...
by sarahhiggins | Jul 11, 2016 | Uncategorized
Last week, Workforce Intelligence (formerly People Report), a Black Box Intelligence (formerly TDn2K) (Transforming Data into Knowledge) company, released its brand new Regional Turnover and Compensation Report. This quarterly report offers an in-depth analysis of...
by JoelNaroff | Jul 8, 2016 | Uncategorized
KEY DATA: Payrolls: +287,000; Revisions: -6,000; Wages: +0.1%; Unemployment Rate: 4.9% (up from 4.7%) IN A NUTSHELL: “Faltering labor market, what faltering labor market?” WHAT IT MEANS: As it is said about the weather, so it should be said about some of the economic...
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