Gongol.com Archives: May 2015
May 30, 2015
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Wunderkinds get all the good press, but entrepreneurs are pretty evenly distributed across age groups -- and workers over age 50 are better-represented than in the past. But women are much harder to find among the ranks.
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Demand for supertankers has gotten suddenly hot again, and that's a pretty good sign that the oil producers aren't looking to cut back
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The big, big decline in the number of people in the American workforce and the sustained zeroing-out of the Federal funds rate over the last ten years are a pair of massive forces bearing on the US economy. One signals a generation leaving the workforce, and the other heralds an unprecedented era of effectively free money for the borrowing.
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The Washington Post calls a 3% decline in sales "the fall of Subway". That's an exaggeration. The real takeaways: Average sales per store are under $450,000 and a franchise can be started for under $125,000. And Subway's main challenge seems to be that American consumers' tastes have migrated upscale, even if we still seem to want things healthy and cheap. ■ On a related note: The Post has also heat-mapped the nation's fast-food sandwich chains.