The U.S. economy continued to log strong gains this month, painting a picture of growth amid positive signs for small-business and franchise investment in the new year. Topping the list of franchise news is the big picture for the U.S. economy, which accelerated to its highest pace of growth in the past 11 years during …
Economic indicators
Franchises Outpace U.S. Job Growth As Unemployment Drops to 6-Year Low
Job growth tops franchise news and general economy news this week, with multiple reports showing strong gains on multiple fronts. The U.S. generated 214,000 new jobs in October and dropped the unemployment rate down to a six-year low of 5.8%, according to Friday monthly federal report. It was ninth straight month of adding 200,000 jobs or more, a …
Economy Surges As Consumer Confidence, GDP Beat Expectations
The economic outlook surged this week, with consumer confidence and the gross national product both leaping forward. And while personal spending slowed last month, personal income and consumer savings are on the rise. All are positive signs for the economy in general, and all bode well for growth in franchising and small businesses. Consumer confidence rose …
Consumer Confidence Up In Sept., So Is Market Confidence In Franchising
Franchise news chalked up two positive points this week, one from a consumer sentiment survey, and the other from stock-market performance of franchise companies: The final September reading on the University of Michigan/Thomson Reuters consumer sentiment index rose to 84.6, up from August final reading of 82.5, and the highest level since July 2013 – MarketWatch The …
Consumer Confidence Beats Expectations, Rises Again to Another Post-Recession High
Consumer confidence – one of the biggest drivers of economic growth and a key factor in franchise and small-business investment – surprised analysts and rose again in August for the fourth month in a row. The monthly Consumer Confidence Survey, rose to 92.4 in August, up 2.1 points from July’s revised 90.3 reading. Economists had expected …
Small Businesses Slightly More Optimistic In July
The outlook for small-business expansion and business conditions improved a little in July’s Small Business Optimism Index, but other growth indicators failed to move, leaving the overall index ticking up a slight 0.7 to 95.7. The monthly index from the National Federation of Independent Businesses started in 1986 with a baseline of 100. The monthly …