7.7.23

Friday Five Business Briefing – July 7, 2023

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Consumers business services

Do you have business banking questions? Contact our knowledgeable commercial loan officers.

Here’s news you can use in a constantly changing business environment, including inflation and jobs trends, how to boost your data literacy and ways to get into the flow each day.

  1. Inflation cools — The Consumer Price Index for May rose at the slowest annual pace since March 2021, marking May as the 11th consecutive month that inflation has slowed.
  2. More unemployed and more jobs — In mid-June, the four-week moving average of unemployment claims rose by 8,500 to 255,750. On the flipside, U.S. employers added 339,000 jobs in May—more than what was expected by economists. Learn more about the current economic conditions.
  1. Boost your data literacy — Do you know what it means if a study reports statistically significant results? Discover the difference between results that are the result of random chance and those that indicate a real effect.
  2. A strategy to get in the flow — The key to starting your day more productively may lie in leaving a task unfinished the day before. When you pick up the task again, you tap back into the momentum from the prior day. Learn how to trick your brain each morning with the Hemingway Trick.
  1. Feeling anxious or grappling with imposter syndrome? Combat self-doubt by completing “I know” statements, like “I know I put my all into my job.” Explore this 5-minute exercise from a Google executive coach to build your confidence.

Thank you to our Friday Five sources: CNN, Corp!, Entrepreneur, Fast Company and Inc.

 

Do you have business banking questions? Contact our knowledgeable commercial loan officers online or call 800-991-2221. We’re also available to help in person at your local Consumers office.

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Consumers business services

Do you have business banking questions? Contact our knowledgeable commercial loan officers.

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