Business Briefs for July 2-5
July 1, 2011
Consumer confidence down
According to a press release, the Zions Bank Consumer Attitude Index for Utah fell to 66.3 in June from 70.7 in May. The Utah index is 12.2 points higher than the U.S. index of 58.5. The Present Situation Index, a snapshot of current business conditions and employment, decreased 7 points to 39.9, compared to the national index at 37.6. The Expectations Index which is a proxy for consumers’ expected changes in business conditions, jobs, and personal income fell this month to 83.9 in Utah, a 2.6 point decrease from May. The national Expectations Index decreased 4.3 points to 72.4, signaling that consumer confidence in the economy is still weak. The Zions Bank index is based on a representative sample of 500 Utah households. The monthly survey is conducted by The Cicero Group/Dan Jones & Associates. The cutoff date for June’s results was June 15.
Tanger has new app
According to a press release, the Tanger Outlet Center at Kimball Junction is holding sales all weekend to attract shoppers. While at the mall, if shoppers use a smart phone to scan the "Quick Response" (QR) code on specially-marked signage to download a new Tanger "app," the center will give them a coupon book. The app can also be downloaded at tangeroutlet.com/app.
Great Harvest Bread grand opening next Friday
Joe and Lisa Rich will hold a ribbon-cutting ceremony at 9 a.m. on July 8 to celebrate the opening of Great Harvest Bread Company at Kimball Junction in the Walmart business park.