Economic Trends

The Employment Policies Institute (EPI) recently released a new report revealing that a majority of economists across the country are against raising the federal minimum wage to $15 an hour. The report surveyed some 160 economists with a full 75 percent believing that the change would have a negative effect on youth employment levels while…

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Economic Trends

Well, the big bad news hit Wednesday with the Federal Reserve raising its overnight interest rate by half a percentage point, a move not seen in 22 years, and of course, that was followed by the Dow dropping over 1,000 points yesterday. The Bureau of Labor Statistics (BLS) announced at the beginning of this week…

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Economic Trends

It seems like a mixed bag looking at some of the March surveys on consumer confidence and sentiment. A Conference Board survey of consumer confidence released earlier this week showed a slight rebound in March – the first increase on the year – even as many remain skeptical. However, some experts report that the improvement…

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Economic Trends

Inflation is showing no signs of letting up anytime soon as the U.S. Bureau of Labor Statistics (BLS) reported the Consumer Price Index (CPI) increased 0.5 percent from November to December 2021. Despite the fact that average hourly earnings for all employees increased 0.1 percent over the same time period, the record inflation rate over…

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Miscellaneous

Worth noting that the Dunkin’ mobile app is still doing well with regular Dunkin’ customers and was recently found to be the 7th most downloaded app in the month of November. Dunkin’ was 4th in the same measurement during October but the higher placement was largely credited to Apple CarPlay being added to the app…

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State of the Industry

One of the many great presentations given at this week’s 20th Annual Multi-Unit Franchising Conference which concludes today in Las Vegas, was effectively a status report on the state of the franchising industry. Overall, the report by FranData CEO Darrell Johnson pointed to calm seas on the surface with much tumult churning below. As to…

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