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Taking the pulse: Private nursing care centers

Posted by Mary Ellen Biery
Taking the pulse: Private nursing care centers

Privately owned nursing care facilities posted lower sales growth than other parts of the health care industry in 2011 and than private companies as a whole, according to Sageworks' analysis of financial statements. ...

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Better economy, better hair?

Posted by Mary Ellen Biery
Better economy, better hair?

John Paul DeJoria, a billionaire who co-founded the Paul Mitchell hair care company and the Patron tequila brand, recently called beauty salons the best economic indicator. That pattern is consistent with what Sageworks, a financial information company, found when it conducted an analysis of financial statements for privately held salons. ...

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Positive economic signs, but confidence lags

Posted by Mary Ellen Biery
Positive economic signs, but confidence lags

Private companies are seeing margins and profits that are higher than they were before the recession, as Sageworks data has shown. But Americans – both consumers and businesses – haven’t yet bought into the recovery in a wholehearted way. Why not? ...

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Data Release: U.S. Unemployment Rate vs. Private Company Revenue Growth

Posted by Sageworks
Data Release: U.S. Unemployment Rate vs. Private Company Revenue Growth

According to data released today by Sageworks, privately held companies in the United States saw average sales growth of over 8.5 percent in the 3 month period ending February 29, 2012. That’s up from an average sales growth rate of just under 8 percent in 2011, a growth rate of less than 5 percent in 2010, and a decline of over 5 percent in 2009. ...

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More like a lamb than a lion, but economy's improving

Posted by Mary Ellen Biery
More like a lamb than a lion, but economy's improving

As March begins, the U.S. economy seems to be running more like a lamb than a lion, despite last week's upward revision of fourth-quarter GDP. Most economists expect slower growth in the current and coming quarters than the 3 percent annual rate in the fourth quarter (vs. an earlier estimate of 2.8 percent). ...

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Jobs report tracks with private-company trends

Posted by Mary Ellen Biery
Jobs report tracks with private-company trends

January's jobs report on Friday showed widespread employment growth in the private sector, a trend that's consistent with improved revenue and profit trends that Sageworks Inc. has seen among private companies over the past 18 months. ...

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