Business Briefs for June 6 through June 8
Restaurant organization meeting
The Park City Area Restaurant Association will be meeting at the Deer Valley Grocery and Cafe on Thursday, June 7 at 9 a.m. for the organization’s monthly Members Meeting. Members of the PCARA are invited to attend. If you have a topic or guest you would like added to a future meeting schedule email firstname.lastname@example.org.
Consumer optimism strong despite decline in May
The Zions Bank Consumer Attitude Index decreased 6.3 points to 79.0 in May. The U.S. Consumer Confidence Index® (CCI) decreased 3.8 points to 64.9, resulting in a 14.1 point difference between the two indexes, according to a press release from Zions Bank. Utahns’ confidence in the economy came down from a 16-month high in April. Speculations from the statewide bank suggest the high price of gasoline, the impending presidential election and the European debt crisis are taking their toll on consumer confidence. Utahns are still more optimistic than the national average, and far more optimistic than they were six months ago; the Zions Bank Consumer Attitude Index is 11 points higher than it was in November of last year. Consumer sentiments toward housing prices, fuel prices, and general inflation are stabilizing, the press release continued. Zions Bank provides the CAI as a free resource to the communities of Utah. The reports are available online at http://www.zionsbank.com/cai. Analysis and data collection for the CAI are done by The Cicero Group/Dan Jones & Associates, a market research firm based in Salt Lake City. The June CAI will be released during a press conference at a local business at 10:30 a.m. on June 26, 2012. Additional information is available at http://www.zionsbank.com .
An attorney representing a critic of Park City’s plans to build restricted affordable housing in Old Town sent a letter urging officials to meet the same standards that would be required of a private-sector developer in the neighborhood.