From the President's Desk Budget Planning
The percentage of overall operating costs that labor accounts for will vary by industry and company, but it is an important component of just about anyone’s cost structure. The availability...
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From the President's Desk Finance
The Federal Reserve raised its benchmark federal funds rate by 75 basis points on September 21, which was not a surprise to most people. It was probably also not a surprise to most that...
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From the President's Desk Retail
I saw this headline: “Consumer spending slowed in July as inflation remained…” I read that as a clear statement of correlation between something vaguely negative (“slowed”) and inflation....
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From the President's Desk Internal Forecasting
Using “market trends” is my way of drawing attention to the exact opposite – specifically, that many markets are behaving differently than our macro trends. Nevertheless, ITR Economics’...
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From the President's Desk Shipping & Trade
Freight costs seem to be on everyone’s mind as we talk to clients individually and as we deliver keynotes. The US Long-Distance General Freight Trucking Truckload Producer Price Index (PPI)...
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From the President's Desk Strategic Planning
There is a pessimism building in the business and banking community. That pessimism leads some noteworthy institutions to project a recession in the US later this year. There is also...
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