Tag Archiv: 上海会所

Brighter Outlook for Economy, Job Market Push Consumer Confidence to Seven-Year High

first_imgHome / Daily Dose / Brighter Outlook for Economy, Job Market Push Consumer Confidence to Seven-Year High Demand Propels Home Prices Upward 2 days ago Brighter Outlook for Economy, Job Market Push Consumer Confidence to Seven-Year High The Best Markets For Residential Property Investors 2 days ago January 27, 2015 995 Views The Best Markets For Residential Property Investors 2 days ago Previous: Wilson & Associates Names New Shareholders, Hires CFO/COO Next: Watt Insists 3 Percent Down Payment Loans Are Not Riskier Than Those With Lower LTVs Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Tory Barringer began his journalism career in early 2011, working as a writer for the University of Texas at Arlington’s student newspaper before joining the DS News team in 2012. In addition to contributing to DSNews.com, he is also the online editor for DS News’ sister publication, MReport, which focuses on mortgage banking news. Share Save Tagged with: Conference Board Consumer Confidence Jobs Unemployment Servicers Navigate the Post-Pandemic World 2 days ago  Print This Postcenter_img Data Provider Black Knight to Acquire Top of Mind 2 days ago About Author: Tory Barringer in Daily Dose, Featured, Market Studies, News The Week Ahead: Nearing the Forbearance Exit 2 days ago Sign up for DS News Daily Subscribe Data Provider Black Knight to Acquire Top of Mind 2 days ago Consumer confidence touched its highest point in more than seven years in January as Americans expressed a much rosier outlook for the economy and the job market.The Conference Board said Tuesday that its monthly Consumer Confidence Index rose to 102.9 this month from an upwardly revised 93.1 in December.According to the group, January’s reading was the highest since August 2007, when the index was at 105.6.”A more positive assessment of current business and labor market conditions contributed to the improvement in consumers’ view of the present situation,” said Lynn Franco, director of economic indicators at the Conference Board. “Consumers also expressed a considerably higher degree of optimism regarding the short-term outlook for the economy and labor market, as well as their earnings.”The survey’s index measuring sentiment about present-day conditions rose more than 10 points from December, hitting 112.6, the Conference Board said. The number of respondents saying business conditions are currently good rose nearly four points to 28.1 percent, while the share of those saying jobs are plentiful climbed nearly three points to 20.5 percent.The survey’s Expectations Index also improved, increasing to 96.4 from 88.5 in December. Looking ahead, 18.4 percent of consumers expect business conditions to improve, up from 17.8 percent previously.Meanwhile, 16.7 percent expect more jobs in the months ahead (up from 14.6 percent), while an even 20 percent anticipate growth in their incomes (up from 16.2 percent).The Conference Board’s index isn’t the only measure of consumer attitudes to see improvement this month. The University of Michigan/Thomson Reuters consumer sentiment index rose to an 11-year high in a first-look January reading, and economists expect it will stay where it is for the final report, which is due Friday. Demand Propels Home Prices Upward 2 days ago Related Articles Servicers Navigate the Post-Pandemic World 2 days ago Conference Board Consumer Confidence Jobs Unemployment 2015-01-27 Tory Barringerlast_img read more

Coronavirus puts 100 Rich’s jobs at risk in Andover

first_imgFoodservice and retail bakery supplier Rich Products has started consultations over plans to make up to 100 roles redundant because of the impact of coronavirus.The business has also revealed that managing director David Hunt left the business “by mutual agreement” at the end of April. Hunt has been replaced by Hazel Tomkinson, Rich’s innovation and development director, who has assumed the role of interim managing director.Tomkinson joined Rich’s last year from Adelie Foods. She has worked for businesses including Mars, where she rose to the role of global R&D director.“At present, Hazel Tomkinson is working closely with our UK business leadership team to ensure we are responding to the current market dynamics in the right way for our customers and associates,” said Rich’s.Meanwhile, the business has entered a 45-day collective consultation with staff at its Andover site over proposals that place 100 roles at risk of redundancy.Rich’s consolidated all its production at the 13-acre site last year, where a purpose-built factory houses six production lines and a state-of-the-art development kitchen.The company told British Baker that, although bakery sales across the grocery and out-of-home markets were beginning to rebuild, the impact of Covid-19 on coffee shops and cafés had been “dramatic”.“As a result, we must ensure our workforce is the right size for our current business and are therefore restructuring across all functions,” explained a spokesperson. “This restructure also completes the planned consolidation of our workforce that began with the move from three manufacturing sites to our Andover hub in 2019.”The company added that its long-term UK growth ambitions remained in place.“We have already adapted our product range to meet new consumer needs as a result of the coronavirus and are currently holding positive conversations with customers to plan for the second half of this year.”last_img read more