Second Quarter GDP and Employment Costs

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...

Top 5 Regions with Highest Restaurant Turnover

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...

June Employment Report

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...