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January 3, 2011
Consumer Confidence Fall Worrisome
A factor worrying many macroeconomists, as well as foodservice prognosticators, is the sudden collapse of consumer confidence. The Thomson/Reuters University of Michigan Consumer Sentiment Index tumbled to 67.8 in July from 76 in June. The Conference Board’s Consumer Confidence Index fell another 3.9 points to 50.4 in July, following a nearly 10-point drop in June….
January 3, 2011
Most International Economic Outlooks Improve For 2010
While the Blue Chip Economic Indicators’ economists cut the U.S. forecasts, the economic outlooks for many countries in Europe and Asia improved, especially in Europe. A much stronger than anticipated rise in real gross domestic product in the second quarter in several Eurozone countries pushed the forecast for overall Eurozone GDP growth this year to…
January 3, 2011
Blue Chip Economists’ Consensus Forecasts Steady
The forecasts for continued slow growth of the U.S. economy and for a painfully slow recovery of employment are holding. The more than 50 macroeconomic forecasting groups surveyed monthly by Blue Chip Economic Indicators left their consensus forecasts for real growth of gross domestic product unchanged at 2.7% this year and 2.5% in 2011. It…
January 3, 2011
Voluntary Restaurant Inspections Have No Takers In India
The world’s largest democracy is finding no interest among foodservice operators for its voluntary inspection and accreditation program. The Food Safety and Standard Authority of India has not had a single eatery respond to its offer for accreditation through Quality Control of India, which has the mandate to decide standards, inspect and accredit restaurants,…
January 3, 2011
Northern California Air District Clears The Air About Charbroilers
Financial help for operators to clear the air is available in counties east of San Francisco. In an effort to reduce emissions from charbroiling meat, the San Joaquin Valley Air Pollution Control District is offering funding to retrofit commercial under-fired charbroilers. The units emit particulate matter and volatile organic compounds, both considered pollutants harmful to…
January 3, 2011
FEDA Issues A Member Legislative Alert
The member breakfast at the March 30-April 2, 2011 Foodservice Equipment Distributors Association meeting in Phoenix is a crucial one for talking insider—or more specifically, interior design—politics. Across the country, FEDA members have been fighting legislation that threatens their rights to practice interior design, including the ability to prepare and submit drawings. As detailed previously…
January 3, 2011
KOLD-DRAFT
KOLD-DRAFT has named Frank Pierce its new manufacturing v.p., responsible for the company’s manufacturing, distribution and purchasing. Pierce previously served with General Electric and Allied Signal. Kold-Draft, headquartered in Erie, Pa., specializes in ice-making and ice-bagging machines.
January 3, 2011
Dunkin’ To Add 17 In Florida
Dunkin’ Donuts is going south—expansion-wise, anyway. The Canton, Mass., chain has signed agreements with three franchisees to develop 17 new restaurant franchises in south Florida and Jacksonville over the next several years. The chain will also be opening more stores in Georgia, where it has inked a multiunit store-development agreement with veteran, nine-unit franchisee Tom…
January 3, 2011
FER To Host New Noncommercial Ops Meeting
Yes, it’s time. After years of hosting our popular biennial Multiunit Foodservice Equipment Symposium for commercial chain operators, we’re launching a modified version next year for noncommercial operators across all segments. MUFES/NCO will be held June 13-15 at the Barton Creek Resort in Austin, Texas. Much like the original MUFES, this noncommercial version will focus…
January 3, 2011
Tasti D-Lite
Frozen dessert chain Tasti D-Lite is taking aim at the breakfast daypart. The 50-unit chain has bolstered its morning menu with such offerings as parfaits, fresh-baked goods and hot granola, as well as coffee, tea and hot chocolate. The breakfast items currently are in test at 20% of the system’s locations and are expected to…
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