Eckhoff Accounting News & Resources
April 30, 2018
MAIN STREET SUSTAINS ITS OPTIMISM
America’s two most respected consumer confidence indices just improved. The University of Michigan’s final April household sentiment gauge rose a full point from its initial reading to 98.8 last week, and the Conference Board’s index came in at a great 128.7 for April – 1.7 points higher than its March mark.
Many companies offer health care benefits to help ensure employee wellness and compete for better job candidates. And the Affordable Care Act has been using both carrots and sticks (depending on employer size) to encourage businesses to offer health coverage.
If you sponsor a health care plan, you know this is no small investment.
April 23, 2018
CONSUMERS BOUGHT MORE IN MARCH
According to a report from the Department of Commerce, retail sales jumped 0.6% last month. That was the biggest monthly gain recorded since November (and the first monthly advance of 2018). Sales of cars and trucks were up 2.0%, making March the best month for that category since September.
Michele Hassid of Eckhoff and Company and Bruce Frankel of Eckhoff Wealth Management, LLC have been invited to participate in a dynamic seminar series entitled “What’s the Solution to Capital Gain Taxes in Real Estate?”
The series is hosted by Zephyr Real Estate and will be held at their Marin office, located at 350 Bon Air Center, Suite 100, Greenbrae, CA 94904.
April 16, 2018
CONSUMER SENTIMENT INDEX DESCENDS SLIGHTLY
In its initial April edition, the University of Michigan’s survey of household sentiment saw its index decline to 97.8 from its final March reading of 101.4. The survey’s chief economist, Richard Curtin, believed that “uncertainty surrounding the evolving [U.S.] trade policy” affected the reading, but he added that “confidence still remains relatively high.”1
A SURPRISE RETREAT FOR THE HEADLINE CPI
Economists polled by Briefing.com assumed the Consumer Price Index would rise 0.1% in March.