unintended benefits of PPP money

Has anyone studied the actual uses of the Payroll Protection Plan (PPP) loans/forgiveness? Because the pandemic totally devastated approximately 20% of the economy in sectors like travel, events, hotels and dining, it is hard to imagine how these industries have survived, or how the PPP money could have helped them for long. If they are […]

Recession ready?

The economists are beginning to say it out loud: the signs are gathering for a recession by the end of 2019. Yes, it depends on the sector, but it is likely you are not immune. Are you recession ready?

Raising prices?

This week the federal reserve raised interest rates again making them the highest they have been since 2008. The President just directed the US trade representative to level tariffs on about $50 billion worth of Chinese imports; this is in addition to the steel and aluminum tariffs recently imposed.  If you use steel in manufacturing, the prices […]

Demographics changes tell the story

Startling demographic changes as to where people live by age and education level tell us a story about our country that explains recent economic and political trends.

What does the data mean?

I was just enjoying a little light reading: on a sunny afternoon: “The Changing Economics and Demographics of Young Adulthood: 1975–2016.” from the US Census Office. Who taught Vistage Chairs how fun this was?

Are high rents driving your best employees away?

What had been a growing problem of rent increases of 10-15% each year has resulted in a crisis in the LA area. You say you knew that. You hear anecdotally of families doubling up, and kids moving back in with parents, People are moving further and further away. Rent may be taking upwards of 50% […]

Wage increases are coming, are you ready?

Conversations about increases in the minimum wage are in the past tense – at least in California. “How is the increase affecting you?” “Have you had to bump up workers who were a dollar above the minimum by 50c or a dollar?” “Can you get anyone to work at minimum wage?” “Can you get any […]