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December U.S. Jobs Growth Was Better Than Expected
Nonfarm payroll employment increased by 200,000 net jobs in December, while the unemployment rate ticked down another 0.1 point to 8.5%, the federal Bureau of Labor Statistics reported Jan. 6. The monthly jobs increase, while far short of that needed to put 13.1 million unemployed Americans back to work, was still an unexpected positive surprise…
Consumer Confidence Also Improved In December
The better-than-expected jobs report for December is likely to continue a trend of improving consumer confidence. Both Thomson Reuters/University of Michigan Surveys of Consumers and The Conference Board reported upticks in their confidence indices in December. The UM Consumer Sentiment Index rose to 69.1 from 64.1 in November, while The Conference Board Consumer Confidence Index…
Except For China, Foodservice Traffic In Many Countries Remains Soft, Reports NPD
Foodservice traffic during the third quarter 2011 rose in only four of the 10 major country markets tracked by The NPD Group, according to a Jan. 4 report from the Port Washington, N.Y., consumer research firm. Visit activity continues to be affected by depressed consumer confidence, high unemployment and other economic uncertainties in Europe, the…
NRA’s Performance Index Suggests Improving Market
Restaurant operators reported their strongest net positive same-store sales results in more than four years in November, while customer traffic levels also grew. The positive numbers pushed the Restaurant Performance Index maintained by the National Restaurant Association higher for the month. One capital expenditure indicator in the index was up, the other fell slightly. The…
It’s Cleveland v. Ohio Over Trans Fat Ban
That sticky wicket of regulating what people put in their mouths is rearing its head again in Cleveland. The city is suing the state of Ohio for the right to ban the sale of prepared foods that contain artery-clogging trans fat. The city’s suit seeks to invalidate the state law blocking the ban. Cleveland Mayor…
Decision Delayed In Brinker Meal-Break Case
There will be no decision, and thus no clarity, in the long-running California case of Brinker Int’l. v. Superior Court, until spring at the earliest. A ruling by the California Supreme Court had been expected by February in the class-action suit that involves standards setting timely and realistic meal and rest breaks. Oral arguments were…
Peerless Group Unveils New Logo, Tagline
A year before celebrating its centennial anniversary in business,
Arizona City Considers Grease Pickups To Fuel Income, Thwart Thieves
We’ve reported a number of stories on restaurant grease and used fryer oil: clogged drains in Seattle, overflows in New Jersey,
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