Measuring Consumer Confidence – Check Their Wine Bottles

by Keith Schofield
Director of Operations, The Townsend Hotel
Restaurant Consultant, Details In Retail

One unfortunate side effect of the world financial turmoil is the proliferation of economic pundits manipulating statistics to underscore the credibility of their prognostications. A veritable alphabet soup of acronyms (GDP, S&P, ADR, GNP, FTSA, etc.) indicate either we haven’t hit bottom yet, we’re well on the way to recovery, future growth will be robust, or chaos and volatility are the new economic realities. (more…)