Excerps as reported on Bloomberg.com

(Bloomberg) — U.S. personal spending slowed in April after record fuel costs, a slump in home values and a deteriorating job market eroded consumer confidence.

The 0.2 percent gain in spending followed a 0.4 percent increase in March, the Commerce Department said today in Washington. Incomes grew 0.2 percent, bolstered in part by the government’s tax rebates. Separate reports showed business activity dropped for a fourth month in May and consumer sentiment decreased to the lowest level since 1980.

Retailing stocks slumped after the figures reinforced forecasts for spending growth to slow this quarter to the weakest pace since 1991. J.Crew Group Inc., the casual-clothing retailer, reduced its earnings forecast late yesterday, citing a nationwide drop in the number of shoppers visiting its stores.

“Consumers are spending cautiously,” said Michael Moran, chief economist at Daiwa Securities America Inc. in New York, who correctly forecast the gain in spending. “The economy is in a grey area between recession and slow growth.”

Our Perspective:

Food, fuel, energy, homes and jobs! What else should we include to know that we are going thru a tough time.

Food, fuel and energy cost are increasing at record rates!

I saw on the news last night that natural gas prices are going up 20% in Phila. PA starting in June.

Electric prices in NJ are going up 14% starting in June.

Gas is breaking thru the $4.00 barrier and are projected to keep going up. I have heard reports of $5 -$7 gas by the end of the summer.

What do you think this will do to the already rising food prices?

I heard a report yesterday on NPR that consumers sales of Spam ( the noted mistery meat ) is on a rise. Spam was fed to soldiers in the field during WWII, now it is filling our refrigerators.

Is there a bright side?

Yes! This is America. We can make our voices heard and take steps to make sure in the future, proper steps are taken to insure stability. By ignoring the issues of the past we have created the problems of today. We have to stop putting bandaids on and take the necessary steps to provide long term solutions.

Hutchinson Business Solutions is dedicated to thinking “outside the box.” We work closely with our clients creating opportunities for savings while increasing efficiencies. Our solutions make sense today with our eyes focused toward the future.

Maybe it is time for our Government to introduce some ” Out of the Box ” solutions. Complacency has brought us to face the issues before us today.

Your comments are welcomed. You may email george@hbsadvantage.com  with any questions and to discuss the steps to take to increase profits for your company.


Where did the day go?

December 3, 2007



Where did the day go? I had a whole list of things I wanted to get done but that went out the window as soon as I walked in this morning.



Sound familiar! Are you running your day or the day running you?

 Ever think of outsourcing? 

Companies have come to realize that outsourcing is a fairly powerful and effective management tool. It allows you to address an issue, provide a solution; increase efficiencies and profits while keeping your pulse on daily activities that demand your attention.



When a company approaches outsourcing for the first time the most challenging question is the most basic one: Where do we begin?



A recent executive forum favored starting with generic, transaction based business processes such as finance, accounting and information technology. They felt that these fields offer quick wins, attractive returns with relatively low levels of risk.

Hutchinson Business Solutions….Your Outsource Solution

Today it is more important than ever to take an objective look at your operating expenses.



Below are areas with great opportunities for savings.

  • Payroll Taxes – There is a 50% chance you are overpaying payroll taxes.
  • Sales Tax – Long thought to be the “cost of doing business.”
  • Telecom – Clients are saving from 10 % to 40%.
  • Fleet Management – You can now “put your fleet in the palm of your hand.”
  • Data Solutions – Ask about our Virtual CIO Managed Service Program.
  • Utilities – Deregulated savings for large volume users.
  • Insurance – Cost continue to trend from 10% to 20% a year.

Many clients are enjoying the savings and have received refunds for overpayments.

A new global study on business outsourcing relationships finds that

:·        74% use “business outcomes” to measure performance

·        61% say outsourcing helps their companies perform better

·        74% are satisfied with their outsourcing experience

Thinking of outsourcing?  Contact Hutchinson Business Solutions.

 Your CFO on the Go.  

Defining Opportunities Today,…Providing Savings for Tomorrow.

Visit http://www.hutchinsonbusinesssolutions.com/ to learn more about saving opportunities available for your company. Should you want to know more contact george@hbsadvantage.com



They say, “The only thing constant is change.”  Now a day, gas prices seem to be the most visible symbol of that old adage.  It’s a constant reminder that we are paying more for the same thing.  And this is happening across the board.  Even in the supermarket, prices are going up but the package has gotten smaller.



Telecom…       We are paying less per minute, but more for services.

                        Our clients are saving from 20% to 40%.


Data …           Downtime is the hidden cost.

                        Ask about our Virtual CIO program.



Fleet Management … Gas is over $3.00

                                     “ Put your fleet in the palm of your hands”


If you’ve found yourself troubled about these same issues, feel free to contact us george@hbsadvantage.com . We review and validate your specific costs of doing business, and provide strategic solutions that will increase your cash flow and your bottom line.



Our team brings over 25 years of experience, independence, objectivity, and responsible analysis to the table.   We stand behind our work to make sure every client is satisfied. 



Contact us today and ask about our Free 50-minute consultation.

 Spread the good news….. share this information with a friend. 

Should you like to discuss opportunities available for your company to increase profits call us at 856-857-1230.


HBS…Your CFO on the Go.  

Defining Opportunities Today,…Providing Savings for Tomorrow.

Visit http://www.hutchinsonbusinesssolutions.com/ to learn more about saving opportunities available for your company.