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Consumers Buying, But Worry Sets In About Fiscal Cliff
American consumers have seemed oblivious to the potential negative impact on them of the so-called “fiscal cliff,” the combination of tax increases and spending cuts scheduled to go into effect Jan. 1, 2013, unless Congress and the Obama Administration can work out a deal. But the Thomson/Reuters University of Michigan Surveys of Consumers began to…
Wholesale Food Prices Rise Again In October
Nearly everyone expects big jumps in food prices, especially for proteins, over the next year or so, thanks to the ongoing drought in the United States. October’s wholesale food-price data from the Bureau of Labor Statistics’ Producer Price Index make it clear the increases have already begun. The PPI charts food prices at three levels…
NAFEM Releases Detailed 2012 “Size & Shape” Study
The 2012 version of “Size & Shape of the Industry,” which details dollar sales for more than 350 categories of foodservice equipment, supplies, tabletop and furnishings, has been released by the North American Association of Food Equipment Manufacturers. The new release updates the study, which has been conducted by NAFEM every other year since 2002.…
FER Revises E&S Market Forecast Downward
Foodservice Equipment Reports has trimmed its forecasts of foodservice equipment and supplies sales growth for 2012 and ’13. A clear trend of slowing growth in 2012, as charted by publicly reporting E&S companies and the Business Barometer maintained by the Manufacturers’ Agents Association for the Foodservice Industry, has led the magazine to cut its forecasted…
Minimum Wages Headed Up In Eight States
Eight of the 10 states that tie annual wage increases to inflation have announced minimum wage increases this year. Arizona, Missouri and Vermont will increase their minimum wages on Jan. 1. In Arizona, wages will climb to $7.80 per hour from $7.65. Missourians will see an increase to $7.35 from $7.25. In Vermont, the Labor Department…
Gear Up For The2012 Economic Census
Get out your pencils. It’s time for the 2012 Economic Census. Every five years, the U.S. government conducts this survey mapping the American business landscape. The data collected can help business owners compare their business and community to others; assist them in identifying new business markets; and prove useful in business plans and loan applications.…
Montreal Debates Food Trucks, Too
Food trucks, and where they roam, are still under debate north of the border. The Canadian Restaurant and Foodservices Association has announced its support of food trucks in Montreal, provided they follow the same rules and regulations as other restaurants. The association is encouraging a pilot project similar to those already underway in Vancouver, Calgary,…
Chicago Food Truck Ops Sue The City Over Restrictions
Three food truck operators and a public-interest law firm filed a lawsuit against Chicago on Nov. 14 in an effort to force city officials to loosen restrictions on mobile food trucks. The suit targets the requirement that food trucks stay 200 ft. away from brick-and-mortar restaurants and that trucks install GPS devices so City Hall…
CFESA Rings In 50th Anniversary At February Conference
The Commercial Food Equipment Service Association kicks off its 50th anniversary year with its Spring 2013 Conference, Feb. 4-6, in conjunction with NAFEM ‘13. The conference will be held at the Peabody Orlando hotel in Florida. CFESA is urging its members to register online now and learn more about a program lineup which includes keynote…
NRA Seeks Nominations For Operator Innovations
The time has come again to recognize commercial and noncommercial operators who drive innovation and excellence in the restaurant industry. The National Restaurant Association is accepting nominations for its 2013 Operator Innovations Awards, which celebrate “operators who are transforming the industry with extraordinary creativity and commitment to innovation and excellence in execution.” Self-nominations are welcomed.…
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