The June 5 Current Population Survey (CPS) showed 137,242,000 employed persons for the month of May, an unexpected uptick and bodes well for the future. However, the year over year drastic decline in employment should improve as States open up. CPS employment definitions are broader and include essentially anyone who… Read More »Employment Numbers – May Uptick!
According to the June 3, 2020, Human Resources Professional Association (HRPA) second COVID-19 member survey results by 1,127 respondents who represented dozens of sectors and industries, it is bleak. Only 15% do not have plans to change their approach or policy to business travel. Source: http://www.exchangemagazine.com/2020/week23/Thursday/final-covid19-membersurvey2-infographic-jun4.pdf Learn more about Delta Business… Read More »What’s the Future of Business Travel?
Approximately 4 out of 5 Millennials & Baby Boomer report a coworker communication preference of email or face-to-face. However, for millennials emails are more preferred whereas Boomers are much more likely to prefer face-to-face communication. Data come from a Feb. 28 through March 13, 2020 Olivet University survey of 1,005… Read More »Millennials & Baby Boomers Perceptions and Realities in Workplace
Surprisingly, Millennials & Baby Boomer have similar preferences in the workday with 30% of both groups preferring a 9-5 workday and approximately ¼ of each seeking a 4-day week. Data come from a Feb. 28 through March 13, 2020 Olivet University survey of 1,005 millennials between the ages of 24… Read More »Millennials & Baby Boomers Perceptions and Realities in Workplace
As of 5pm EDT, Friday, May 29, the PPP had approved over 4.4M loans for more than $510B. FYI…On May 21, we provided a 30-minute update on PPP. On May 22, the regulations changed with the Treasury Department’s new “Interim Final Rules”. Thursday, June 4, another update will be provided.… Read More »Cumulative PPP Data
Closings of companies nonessential physical locations is losing favorability among consumers. In fact, “expression of favorability toward companies that do this has dropped most significantly, more than any other corporate activity, down 11 percentage points since the end of March [while] unfavorability toward companies doing this has risen by 7… Read More »How to Lose Customers as COVID Remains
As discussed Monday, levity is positive, a new trend ’new normal’ may be appearing as “net purchase likelihood among U.S. adults toward companies whose ads show people social distancing, wearing face masks and even participating in video calls has increased in recent weeks.” Source: https://morningconsult.com/2020/05/14/brands-consumer-coronavirus-mood-analysis/?mkt_tok=eyJpIjoiWmpjNVpERXhaV0k1TlRBMyIsInQiOiJ1TzVlblliM05MZ000amxOR3VWNk9UTWxBK3dqWHljeTRSa3BMa256dGlBemRTallrRlI1UTNLZlBKM0tqVXRBNksxVWZvWmtTbko5cU94MGhTcEhFT1QyN3N0XC9rS1RDcVkxRU9KQTVTNGlXNktmdGdBTEV0NlU5XC9rV3lCXC93elJ5alBoM0wwKzRVQWVMQ3hKbURWMlE9PSJ9 #DeltaBusinessAdvisors #MergersandAcquisitions #BusinessBrokers #MandAMarket #DailyBusinessAcumen
Morning Consult’s research in March found that acknowledging the moment, appropriate communication and comforting messages had strong potential to increase consumer loyalty in the long-term. The longer this ‘crisis’ continues, they are finding that the emphatically empathetic messages to consumers during “these uncertain times” may have run their course. Source: https://morningconsult.com/2020/05/14/brands-consumer-coronavirus-mood-analysis/?mkt_tok=eyJpIjoiWmpjNVpERXhaV0k1TlRBMyIsInQiOiJ1TzVlblliM05MZ000amxOR3VWNk9UTWxBK3dqWHljeTRSa3BMa256dGlBemRTallrRlI1UTNLZlBKM0tqVXRBNksxVWZvWmtTbko5cU94MGhTcEhFT1QyN3N0XC9rS1RDcVkxRU9KQTVTNGlXNktmdGdBTEV0NlU5XC9rV3lCXC93elJ5alBoM0wwKzRVQWVMQ3hKbURWMlE9PSJ9 … Read More »Which Ad Types have Minimal Impact on Customer Purchase Likelihood?
This week, we are talking about your consumers. Morning Consult has been following ads to consumers. Consumers are seeking a return to normalcy, or the appearance thereof. Those seeing the greatest likelihood in net purchase are those focused on products and services as well as those focusing on humor. Consumers… Read More »What Types of Ads are Working for Consumers, NOW?
Majority of small businesses and middle-market companies both expect to apply or are unsure if they will apply for additional credit in the next 12 months. Over 3/4 (78%) of small businesses expected to apply or weren’t sure if they would apply for credit in Q2 2020,compared to only 55%… Read More »Majority of Companies Expect to Apply For More Credit in 2020