The Conference Board

The Conference Board Employment Trends Index™ (ETI) Decreased in November

Retrieved on: 
måndag, december 11, 2023
Bureau of Labor Statistics, Bureau, Employment, Unemployment benefits, Federal, Insurance, Conference, ETI, Health, Federal Reserve, The Conference Board, Economics, Unemployment, Noise, Government, Manufacturing, Video game, Employment agency, Index

NEW YORK, Dec. 11, 2023 /PRNewswire/ -- The Conference Board Employment Trends Index™ (ETI) decreased in November to 113.05, from a downwardly revised 113.09 in October. The Employment Trends Index is a leading composite index for employment. When the Index increases, employment is likely to grow as well, and vice versa. Turning points in the Index indicate that a change in the trend of job gains or losses is about to occur in the coming months.

Key Points: 
  • NEW YORK, Dec. 11, 2023 /PRNewswire/ -- The Conference Board Employment Trends Index™ (ETI) decreased in November to 113.05, from a downwardly revised 113.09 in October.
  • The Employment Trends Index is a leading composite index for employment.
  • "The ETI continued to trend downward after peaking in March 2022," said Selcuk Eren, Senior Economist at The Conference Board.
  • The Employment Trends Index aggregates eight leading indicators of employment, each of which has proven accurate in its own area.

November Jobs Report Solidifies Fed Pause

Retrieved on: 
fredag, december 8, 2023
Employment, Multimedia, UAW, Weakness, Conference, NFIB, Person, Work, Retirement, Growth, The Conference Board, Fed, Unemployment, Government, Management, Dairy

NEW YORK, Dec. 8, 2023 /PRNewswire/ -- Today's jobs report revealed that the labor market is cooling, consistent with the Fed's desire to lower inflation. Nonfarm payroll additions totaled 199,000 in November. Excluding the return of striking workers, payrolls were up by 158,000. The job gain in October was unrevised, but September's gain was revised down for a third time bringing three-month job growth to 204,000, significantly below its level at the start of the year (334,000 in January).

Key Points: 
  • Commentary on today's US Bureau of Labor Statistics Employment Situation Report by Selcuk Eren, Senior Economist, The Conference Board
    Jobs report supports Fed's desired slower consumption, inflation, and labor market trifecta
    NEW YORK, Dec. 8, 2023 /PRNewswire/ -- Today's jobs report revealed that the labor market is cooling, consistent with the Fed's desire to lower inflation.
  • There was also a surge in manufacturing and information jobs following a resolution to the autoworker (UAW) and Hollywood (SAG-AFTRA) strikes.
  • The November payrolls report is consistent with other data released this week indicating that labor demand is slowing.
  • The payrolls report showed that the unemployment rate ticked down from 3.9 to 3.7%, reflecting more employed persons and fewer unemployed persons.

As Responsibilities Increase, US Corporate Boards are Taking a Fresh Look at Their Committees

Retrieved on: 
torsdag, december 7, 2023
Disclosure, Russell 3000 Index, Safety, KPMG, Policy, S, Science, S&P 500, Corporate governance, Health, Conference, Chatham House Rule, Partnership, Debevoise & Plimpton, Research, Russell Reynolds Associates, Chatham House, DEI, The Conference Board, ESG, Management, Video game, Financial adviser, Cryptocurrency

But as boards expand their role to address a broadening array of topics, they are not only assigning responsibilities to existing committees but also starting to form new types of committees.

Key Points: 
  • But as boards expand their role to address a broadening array of topics, they are not only assigning responsibilities to existing committees but also starting to form new types of committees.
  • When it comes to the allocation of ESG responsibilities, virtually all S&P 500 firms disclose assignment of such responsibilities to the full board and/or one or more committees.
  • The share of S&P 500 board committees on science and technology increased from 10% in 2018 to 14% in 2023, and committees on environmental, health, and safety increased from 7% to 10%.
  • The report was produced in collaboration with Debevoise & Plimpton; KPMG; Russell Reynolds Associates; and the John L. Weinberg Center for Corporate Governance.

Systecon announces new CEO and changes to the Board of Directors

Retrieved on: 
onsdag, december 6, 2023
Management, Growth, The Conference Board, LCM

To further stimulate the growth and the global footprint, Systecon today announces upcoming changes to the Management team and changes made to the Board of Directors.

Key Points: 
  • To further stimulate the growth and the global footprint, Systecon today announces upcoming changes to the Management team and changes made to the Board of Directors.
  • Systecon's Board of Directors is pleased to announce the appointment of Dan Andersson as the new Chief Executive Officer.
  • Dan Andersson, Incoming CEO, Systecon: "I am thrilled to step into the role of CEO at Systecon and guide our dedicated global team.
  • Tomas Eriksson will hand over his position as CEO of Systecon and has been appointed as a member of the Board of Directors at Systecon.

Systecon announces new CEO and changes to the Board of Directors

Retrieved on: 
onsdag, december 6, 2023
Management, Growth, The Conference Board, LCM

To further stimulate the growth and the global footprint, Systecon today announces upcoming changes to the Management team and changes made to the Board of Directors.

Key Points: 
  • To further stimulate the growth and the global footprint, Systecon today announces upcoming changes to the Management team and changes made to the Board of Directors.
  • Systecon's Board of Directors is pleased to announce the appointment of Dan Andersson as the new Chief Executive Officer.
  • Dan Andersson, Incoming CEO, Systecon: "I am thrilled to step into the role of CEO at Systecon and guide our dedicated global team.
  • Tomas Eriksson will hand over his position as CEO of Systecon and has been appointed as a member of the Board of Directors at Systecon.

DARIGOLD BOARD CHAIRMAN ALLAN HUTTEMA NAMED INTERIM CEO; CEO JOE COOTE TO LEAVE THE COMPANY

Retrieved on: 
måndag, december 4, 2023
Record, Senior, Interim, Consumer, The Conference Board, Culture, Growth, Family, Business, Management, Darigold

SEATTLE, Dec. 4, 2023 /PRNewswire/ -- Darigold, Inc., one of the nation's largest dairy producers, announced that Chief Executive Officer Joe Coote is leaving the company, and that Board Chairman Allan Huttema has been named Interim CEO. The change comes as Coote, who was named to the CEO role in January 2022, plans to return to his native Australia.

Key Points: 
  • SEATTLE, Dec. 4, 2023 /PRNewswire/ -- Darigold, Inc., one of the nation's largest dairy producers, announced that Chief Executive Officer Joe Coote is leaving the company, and that Board Chairman Allan Huttema has been named Interim CEO.
  • The change comes as Coote, who was named to the CEO role in January 2022, plans to return to his native Australia.
  • Coote joined Darigold three years ago as President of its International Ingredients division before being promoted to CEO in 2022.
  • "Joe took over as CEO at a time when we were early into a transformation to grow and modernize our business," said Huttema.

CED Issues Statement on Passing of Henry Kissinger

Retrieved on: 
torsdag, november 30, 2023
Economic development, Public policy, Family, The Conference Board, Conference, CED, The Committee, Committee for Economic Development, Anglo-French Wars

NEW YORK, Nov. 30, 2023 /PRNewswire/ -- Dr. Lori Esposito Murray, President of The Committee for Economic Development, the public policy center of The Conference Board (CED), issued the following statement today on the passing of Dr. Henry Kissinger:

Key Points: 
  • NEW YORK, Nov. 30, 2023 /PRNewswire/ -- Dr. Lori Esposito Murray, President of The Committee for Economic Development, the public policy center of The Conference Board (CED), issued the following statement today on the passing of Dr. Henry Kissinger:
    CED joins world leaders in mourning the passing of Dr. Henry Kissinger, a titan of foreign affairs whose vision helped shape the world both during and after the end of the Cold War.
  • We extend our sincere condolences to his family.
  • For more than half a century, Kissinger formally and informally advised US presidents, world leaders, policymakers, and business leaders on a bipartisan basis.
  • Dr. Kissinger's work and achievements reinforce the need for sound counsel and bold, strategic leadership in challenging times.

Sky Zone Appoints Yogi Jashnani as Chief Revenue Officer

Retrieved on: 
onsdag, november 29, 2023
Capital One, Marketing, Food, The Conference Board, Senior, Fortune 500, Private equity

PROVO, Utah, Nov. 29, 2023 /PRNewswire/ -- Sky Zone, the leader in the indoor active entertainment industry, today announced the appointment of Yogi Jashnani as Chief Revenue Officer (CRO). In his new role, Yogi will oversee all aspects of sales and revenue management, further supporting Sky Zone's national expansion plans through franchise and corporate growth.

Key Points: 
  • PROVO, Utah, Nov. 29, 2023 /PRNewswire/ -- Sky Zone , the leader in the indoor active entertainment industry, today announced the appointment of Yogi Jashnani as Chief Revenue Officer (CRO).
  • In his new role, Yogi will oversee all aspects of sales and revenue management, further supporting Sky Zone's national expansion plans through franchise and corporate growth.
  • "I'm honored to serve in this position and am committed to accelerating Sky Zone's revenue growth by providing families with an unparalleled experience," said Yogi.
  • Most recently, Yogi was Chief Commercial Officer at private equity-backed Ideal Image MedSpa, a leading direct-to-consumer wellness brand.

CED Provides Plan to Maximize Historic Federal Infrastructure Investments--and Avoid the Roadblocks

Retrieved on: 
tisdag, november 28, 2023
CHIPS, Policy, Engineering, CED, Economic development, Buy America Act, Federation, Workforce, Investment, Risk, Increase, Capitalism, Uniform Commercial Code, IRA, Private sector, National Environmental Policy Act, Public policy, Occupation, Committee, Inflation, Conference, IIJA, Congress, The Conference Board, NEPA, Government, Cryptocurrency, Renewable energy, Management, Consultant, Retail, Construction

"These historic investments offer the US the opportunity to take a major step forward in strengthening its infrastructure and manufacturing base," said Dr. Lori Esposito Murray, President of CED.

Key Points: 
  • "These historic investments offer the US the opportunity to take a major step forward in strengthening its infrastructure and manufacturing base," said Dr. Lori Esposito Murray, President of CED.
  • Invest in federal and local agencies' ability to drive awareness of infrastructure funding opportunities; add resources to staff federal help support desks that assist program participants.
  • The federal government should leverage collaborative forums with state and local infrastructure coordinators to educate stakeholders on program availability and requirements.
  • States should invest infrastructure funds with state-level oversight with accurate databases that reflect federal funds in use by project.

US Consumer Confidence Increased in November

Retrieved on: 
tisdag, november 28, 2023
Expected, Employment, Ageing, Expectation, Consumer confidence, Conference, Consumer, The Conference Board, Cryptocurrency, Tourism, Publishing

NEW YORK, Nov. 28, 2023 /PRNewswire/ -- The Conference Board Consumer Confidence Index® increased in November to 102.0 (1985=100), up from a downwardly revised 99.1 in October. The Present Situation Index—based on consumers' assessment of current business and labor market conditions—ticked down slightly to 138.2 (1985=100), from 138.6. The Expectations Index—based on consumers' short-term outlook for income, business, and labor market conditions—rose to 77.8 (1985=100) in November, up from its downwardly revised reading of 72.7 in October.

Key Points: 
  • NEW YORK, Nov. 28, 2023 /PRNewswire/ -- The Conference Board Consumer Confidence Index® increased in November to 102.0 (1985=100), up from a downwardly revised 99.1 in October.
  • "Consumer confidence increased in November, following three consecutive months of decline," said Dana Peterson, Chief Economist at The Conference Board.
  • November's increase in consumer confidence was concentrated primarily among householders aged 55 and up; by contrast, confidence among householders aged 35-54 declined slightly.
  • "Consumer expectations for the next six months recovered in November, reflecting improved confidence about future business conditions, job availability, and incomes.