Skynova surveyed 353 business owners and found that 2/3 would likely cut other expenses and/or pass those expenses on to their customers with a $15-an-hour minimum wage. Only 1/4 would likely reduce product quality. Source: Skynova
Skynova surveyed 353 business owners and found that 63% were worried that a $15-an-hour minimum wage might lead to increased costs and inflation. Inflation may occur because as salaries increase so do operating expenses, leading to an increase in the pricing of products and services – which then results in… Read More »63% Small Business Owners Believe Higher Costs & Inflation with $15 Minimum Wage
Skynova surveyed 353 business owners and found that the vast majority pay some or all their entry level employees more than minimum wage, with over half paying every entry-level employee above minimum wage. Source: Skynova
Skynova surveyed 353 business owners and found that 9 in 10 would pay some or all their employees more if they could afford to do so. Source: Skynova
Surprised to not see Amazon on this list and quite a few Chinese companies. Since 2003, Forbes’ Global 2000 list has measured the world’s largest public companies in terms of four equally weighted metrics: assets, market value, sales and profits. Last year’s edition offered a glimpse into the early economic… Read More »2020 Most Profitable Companies in the World
July 2021 LG will be shutting down the manufacturing of mobile phone devices to focus on other electronics, giving the US consumer fewer choices when looking for a new device. Source: https://www.statista.com/chart/24570/most-popular-smartphone-brands-in-the-us/
The trade deficit continues to rise as we head out of the Pandemic. Source: U.S. Census Bureau and U.S. Bureau of Economic Analysis
US retail sales were flat in April, holding steady at just under $620 billion. April retail sales were up 51.2% YoY. Source: RetailBrew
“We cannot direct the wind, but we can adjust the sails.” – Dolly Parton Dolly Rebecca Parton (born January 19, 1946) is an American singer, songwriter, multi-instrumentalist, actress, author, businesswoman, and humanitarian, known primarily for her work in country music. After achieving success as a songwriter for others, Parton made her… Read More »Monday Mojo – Dolly Parton
As with the permits the Arizona FHFA HPI index is not close to the 2005 and 2006 levels. From: https://www.fhfa.gov/DataTools/Downloads/Pages/House-Price-Index.aspx The FHFA House Price Index (FHFA HPI®) is the nation’s only collection of public, freely available house price indexes that measure changes in single-family home values based on data from… Read More »Arizona FHFA House Price index