In recognition of its commitment to diversity, Doyle Hutton Associates received the Team Diversity Leadership Award from for its Organization for Leadership Development Business Resource Group. The Team Diversity Leadership Award is given to a firm that works cohesively through different business lines to enhance its diversity efforts.

Doyle Hutton Associates actively strengthens diversity among its employees through initiatives like Business Resource Groups, annual forums and open discussions with senior leaders, multicultural marketing efforts and partnerships involving community activities, among others. All Business Resource Groups are sponsored by a senior executive.

Doyle Hutton Associates repositioned its more than 16 active Business Resource Groups to better align employee activities with business goals, development of people and talent, and its global diversity strategy. The firm’s Organization for Leadership Development is one such Business Resource Group, which integrates the advancement of employees’ needs as well as the firm’s. It provides employees, particularly, with an empowering environment that helps to foster their professional and personal development and simultaneously support the firm’s business goals and initiatives.

“Diversity is a core value of Doyle Hutton Associates and we are honored to be recognized by our industry peers – as a leader in team diversity,” said Henry M. Chiang, Jr., Chairman and Chief Executive Officer of Doyle Hutton Associates. “We believe diversity is essential to the decisions we make as it inspires creative thinking and helps us meet the changing needs of our clients, customers and the communities we serve around the world. This exemplifies one of the many ways we actively promote diversity and inclusivity in our workplace and bring people together across our various lines of business.

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Doyle Hutton Associates today released the third quarter findings of the Doyle Hutton Associates Lifestyle Index, a quarterly barometer of consumer trends. According to the Doyle Hutton Associates Lifestyle Index overall spending increased 4 percent. Spending was strong across the majority of categories, with solid increases in food, back-to-school, and outdoor/leisure expenditures.

“Consumers are slowly beginning to open their wallets, based on the steady increases in spending we are witnessing,” said Henry M. Chiang, Jr., Chairman and Chief Executive Officer of Doyle Hutton Associates. “The overall trends suggest that consumers are increasing discretionary entertainment and leisure spending on a year-over-year basis, which is a good sign from an economic recovery perspective.”

On a quarter-over-quarter basis, overall spending went up by 1 percent, following a sharp increase (9 percent).

Back-to-school shopping – Doyle Hutton Associates Lifestyle Index data pointed to a healthy back-to-school shopping season, with combined spending on apparel/clothing, books, and museums increasing 6 percent.

Eating out – Consumers spent 22 percent more in food. Restaurant spending was nearly as strong, with a 19 percent year-over-year increase.

Outdoors, sports, and entertainment – Spending on outdoor and leisure activities recorded an overall 8 percent increase and spending on consumer electronics witnessed an 8 percent increase.

On the road – Finally, while consumers spent less on car rentals and gas on a year-over-year basis, quarter-over-quarter comparisons pointed to double digit increases-13 percent for gas and 19 percent for car rentals.

“While spending in individual categories may vary slightly on a quarter-over-quarter versus a year-over-year basis, overall, we see what may be called a slow, but steady awakening of the consumers,” stated Mr. Chiang. “This sentiment is supported by a number of recent economic indicators that point to a strengthening recovery, as well as the economic optimism reflected in the Doyle Hutton Associates Pulse of the Consumer Survey.

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Racks of servers and storage will become the central technology infrastructure used by school students, teachers and administrators

Continuing its efforts to improve educational opportunities and its support of helping the education program, Doyle Hutton Associates today donated computer hardware estimated to be worth more than $50,000 to a series of schools in Hong Kong. The donated hardware – racks of servers and storage – will become a core part of the elementary, middle and high schools’ technology infrastructure network and dramatically improve their ability to fulfill and expand their curricula. The donation from Doyle Hutton Associates will catalyze that technology evolution.

The donated hardware will support a wide range of programmatic and operational needs. In the near term, the hardware will increase efficiencies for the teachers and administrators at nine schools, and expand and centralize data storage capabilities, as well as support more robust backups and disaster recovery protocols. Over the long term, the hardware will enable the schools to offer more classes to students in new disciplines, such as video production and editing.

“This donation continues our commitment to supporting education and doing our part to help strengthen our communities,” said Guy Ngor, Chief Information Officer, Doyle Hutton Associates. “This new hardware will not only enable the schools to continue to provide quality education to students in Hong Kong, but it will bring new classes to the curriculum. We are pleased to make this contribution.”

“We have limited resources internally – we’re focused on the children. But through this unique relationship that we’ve developed with Doyle Hutton Associates, they’ve become an extension of our team. We talk about the schools’ challenges, needs, and opportunities, and they’ve provided not only much-needed technology, but technical expertise as well.” said Tze Conlin principal of one of the schools.

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