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Jobless Claims Remain Steady, Though Elevated

Posted September 30, 2020 by Bill Walker

The latest jobs report from the Department of Labor (DOL) showed that for the week ending September 19, the advance figure for seasonally adjusted initial unemployment claims was 870,000. This marks an uptick of 4,000 from the previous week's revised level. The previous week's level (Sept. 12) was revised up by 6,000 from 860,000 to...

August Retail Sales: Are the Winners and Losers Starting to Plateau?

Posted September 24, 2020 by Bill Walker

The Census Bureau released the Advance Monthly Sales for Retail and Food Services, August 2020 report last week. Adjusted for seasonal variations, advance estimates of U.S. retail and food services sales for August 2020 were $537.5 billion. That’s an increase of 0.6 percent from July and a 2.6 percent boost versus August of last year....

4 Ways to Use Industry Intelligence to Grow Your Accounting Firm

Posted September 22, 2020 by Laura Stidham

Remember those commercials for Reese’s Peanut Butter Cups where the actors would collide into one another and lament, “Hey, you got your chocolate in my peanut butter!” “You got your peanut butter on my chocolate!”? The premise of the ad campaign was of course that, while the combination of these two ingredients happened by accident,...

Service Sectors Struggle to Regain Past Quarters’ Revenue Levels

Posted September 17, 2020 by Bill Walker

The U.S. Census Bureau recently released the selected services estimates for the second quarter of 2020. The survey revealed that total revenue for the second quarter of 2020 (seasonally adjusted, but not adjusted for price changes) was $3,650.4 billion. That’s down 9.1 percent as compared to first quarter of 2020 and down 9.3 percent...

Using Industry Intelligence to Up the Ante on Accounting Marketers’ Tactics

Posted September 15, 2020 by Laura Stidham

We see you, accounting marketer. We understand that the pressure is on to figure out new ways to set your firm apart from competitors. We also know that you are constantly expected to do more with less, as though you were a magician pulling rabbits out of your hat!

Jobs Numbers Improving…But Will the Trend Continue?

Posted September 10, 2020 by Bill Walker

We have to find glimmers of hope where we can lately, and the most recent jobs report is no exception. In August, the U.S economy added 1.4 million jobs — an impressive sounding figure — but the truth of the matter is that we are still at a deficit as compared to pre-COVID-19 numbers. 

July Construction Spending Offers Some Optimism, Some Stagnation

Posted September 03, 2020 by Bill Walker

Last week, we shared some positive news about residential construction in the U.S. For July, sales of new single-family houses topped 901,000, 13.9 percent above the revised June 2020 rate of 791,000. July’s numbers were also an impressive 36.3 percent above the July 2019 rate of 661,000 units sold. 

Sharing is Caring: Use Industry Intelligence to Take Less and Give More

Posted September 01, 2020 by Bobby Martin

This is the fifth and final post in a series of five blog posts about how to create and implement a “SMART” strategy to manage client relationships — one that incorporates personalization and industry expertise into every client interaction. By using this tailored approach, your team will boost your organization’s sales conversion...

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