Restaurant News Resource - Deloitte Restaurant Industry News

The sluggish economy and rising household expenses are casting a chill over consumer confidence, but not enough to bring back the ghost of recessions past, according to Deloitte’s 26th annual survey of holiday spending intentions and trends.

More than one-third of world's largest retailers suffer declining sales; Fewer retailers in the red; profitability shows marked improvement

The convergence of economic, demographic, and technological forces will bring about unprecedented changes in consumer behavior, according to a new report from Deloitte Touche Tohmatsu Limited (DTTL), Consumer 2020: Reading the signs.

The economy appears to have added a bit more momentum in October. In particular, for the first time in five months, total employment rose from the previous month

As countries around the world repair their frayed financial markets, global shifts are beginning to emerge. Policymakers are fretful about these imbalances but failure to adjust the new realities will only delay the day of reckoning. However, making the necessary adjustments will not be a simple task.

The September 2010 edition of the Asia Pacific Economic Outlook gives a near-term outlook for Australia, China, India, and South Korea.

'The pace of recovery in output and employment has slowed in recent months,' said the Federal Reserve in August. 'Too few jobs, too little wage income and too little consumer spending' was the sentiment in an August Wall Street Journal forecasting survey

The International Accounting Standards Board (IASB) and Financial Accounting Standards Board (FASB) today published a joint Exposure Draft (ED) on lease accounting.The ED, if finalized, would represent a fundamental change in how lessees and lessors account for their leasing transactions.

The global economy continues to grow but uncertainty has gripped observers about the sustainability of growth in the world’s three biggest markets: the United States, Europe, and China.

The July 2010 edition of the Asia Pacific Economic Outlook gives a near-term outlook for China, India, Malaysia, and Singapore.