Finconomics 101

Faster Processing Speeds for Human Reasoning

Faster Processing Speeds for Human Reasoning

They say AI will run the world and solve (control) all our problems. Nvidia’s market cap is $2.6 trillion (even though it’s located in Taiwan which is on the verge of being invaded) and Sam Altman’s Open AI is trying to raise $7 trillion in new funding. All the while some managers in the real-world economy can barely leverage 40-year-old technology like Microsoft Excel (Lotus 1-2-3 before that) in their operations to implement obvious efficiencies…

read more
The January Affect

The January Affect

It is no secret that restaurant sales fell-off a cliff during January 2024, with everyone conveniently blaming the weather for this anomaly. However, an analysis of the USDA’s historical sales during the month of January for food at home & food away from home reveals another explanation…

read more
Sit-Down Dining Challenges Revealed by Mother’s Day Visit

Sit-Down Dining Challenges Revealed by Mother’s Day Visit

Restaurant traffic has been challenged since covid, with the most current explanation attributed to elevated menu prices & a punk economy. Further, traffic declines have been most notable at sit-down restaurants which offer a more expensive, discretionary experience relative to fast food. A Mother’s Day trip to an independent sit-down restaurant provided us with an eye-opening 360-degree view of the sector’s problems.   

read more
New Overtime Rules Become Effective 7/1/24

New Overtime Rules Become Effective 7/1/24

The Department of Labor’s new overtime regulation dramatically increases the pool of employees eligible for overtime pay (1.5x regular hourly wage rate). While this regulatory change adds to the burden of small businesses following in the path of California’s new minimum wage rate hike for fast food workers to $20/hr., there is a calculus that owner/operators can currently pursue to minimize its intended negative impact.  

read more
Going the Way of the Realtor

Going the Way of the Realtor

While real estate seller & buyer agents typically split a commission of around 5% to 6% that is paid by the seller, new National Association of Realtors (NAR) rule changes are likely to drive commissions lower, significantly impacting the livelihood of close to 2MM active realtors while benefitting a low-cost Internet real estate model. Once again, we may find that eliminating the human touch in retail may be penny-wise but pound-foolish!     

read more
Understanding Generational Differences in the Workforce

Understanding Generational Differences in the Workforce

A very compelling Continuing Ed class we came across provided great insight into how to best deal with generational differences in the workforce. A great quote from the presentation: “Many of the interviewers did not understand my windy path through employment, which is, of course, a characteristic of my generation. They didn’t understand I wasn’t looking for one job for the rest of my life and that I wasn’t looking for money and status.”

read more
Microeconomics 101

Microeconomics 101

Sometimes it is important to review what we all learned in our intro economic classes lest we get confused by the PhDs at the Fed. Here we will review the cause of high prices & their simple cure.

read more
Become a Member
NoBull Posts Thumbnail
Restaurant Research

Nobull consumer research weekly

No Bull Economics

Get Corporate & Market Insights in your inbox

Digital Marketing Opportunities
Research Services Banner

A Restaurant Research LLC Company