Consumer Prices Fall More Than Expected

Washington, DC, May 16, 2013 -- Consumer prices fell 0.4% in April on a seasonally adjusted basis, according to the U.S. Bureau of Labor Statistics.
   
Economists expected the CPI to fall by 0.2% from March.

Over the last 12 months, prices rose 1.1% before seasonal adjustment.

                                                                                                                                                                                                                                                                                                                                                       

Other Archived Articles

Wholesale Inventories Rise More Than Expected   Full Article
Washington, DC, Dec. 9, 2014 -- U.S. wholesale inventories rose more than expected in October, according to the Commerce Department.

OW Hospitality Names Chapman VP of Sales   Full Article
Dalton, GA, Dec. 9, 2014 -- OW Hospitality has named Dallas Chapman vice president of sales for the Americas.

Barrett Named CEO of FAST Career Institute   Full Article
Dalton, GA, Dec. 9, 2014 -- The FAST Career Institute said that Don Barrett Jr. has been named president and CEO of the nonprofit corporation training school.

Federal Officials Visit Dalton Manufacturers   Full Article
Dalton, GA, Dec. 9, 2014 -— Representatives from the U.S. Office of Textiles and Apparel visited Dalton Nov. 5 to tour manufacturing facilities, according to the Carpet and Rug Institute.

Oil Prices Hit Five-Year Lows   Full Article
New York, NY, Dec. 9, 2014 -- Oil prices again fell to five-year lows Monday.

Pergo Gets Favorable European Patent Ruling   Full Article
Dallas, TX, Dec. 8, 2014 -– The Board of Appeals of the European Patent Office confirmed the validity of a Pergo patent that protects a one-piece fold-down locking of wood fiber flooring planks, Pergo said.

Fannie, Freddie To Back 3% Downpayment Mortgages   Full Article
Washington, DC, Dec. 9, 2014 -- Fannie Mae and Freddie Mac said Monday that they will start backing fixed-rate mortgages with minimum down payments of 3% of the home's price.

Shaw To Sell Surya Rugs Through Aligned Network   Full Article
Calhoun, GA, Dec. 9, 2014 -— Surya said it has entered into an exclusive partnership with Shaw Floors to market and sell Surya area rugs through the Shaw Flooring Network aligned dealer program.

Analyst Says LL Better Positioned for 2015   Full Article
New York, NY, Dec. 8, 2014 -- Analyst John Baugh of Stifel Nicolaus recently toured Lumber Liquidators' new East Coast distribution center and met with management with a group of investors.

USGBC Joins Global Energy Efficiency Platform   Full Article
Lima, Peru, Dec. 8, 2014 -- The U.S. Green Building Council said it has joined the Global Energy Efficiency Accelerator Platform, along with the Business Council for Sustainable Energy.

Florida Tile Honored for Ongoing Tile Donations   Full Article
E. Canton, OH, Dec. 8, 2014 -- Mountain Re-Source Center and Tile Partners for Humanity have recognized Florida Tile for 10 years of partnership and support of community improvement projects through donations of ceramic tile.

Business Economists Predict Fastest Growth Since 2005   Full Article
Washington, DC, Dec. 8, 2014 -- Business economists say the U.S. economy should see its fastest growth in a decade next year, thanks to a stronger job market and falling oil prices.

Mohawk Adds New Soil Protection to SmartStrand   Full Article
Calhoun, GA, Dec. 5, 2014 -- Mohawk said it is enhancing its flagship SmartStrand carpet by adding a new soil protection system called Forever Clean.

Factory Orders Decline in October   Full Article
Washington, DC, Dec. 5, 2014 -- New orders to U.S. factories fell for a third straight month in October, according to the Commerce Department.

Jobs Increase Most in Nearly Three Years   Full Article
Washington, DC, Dec. 5, 2014 -- Employers added 321,000 jobs in November and the unemployment rate remained at 5.8%, according to the Labor Department.

Interior Design Names Products of Year   Full Article
New York, NY, Dec. 5, 2014 -- Interior Design Magazine hosted its 9th annual Best of Year Awards Thursday.

Mortage Rates Lowest in More Than a Year   Full Article
Washington, DC, Dec. 5, 2014 -- Long-term mortgage rates have fallen to their lowest level since May 2013, according to Freddie Mac.

QEP Names Kura Executive Vice President   Full Article
Boca Raton, FL, Dec. 4, 2014 –- Q.E.P. Co. said it has named Brian Kura as its new executive vice president.

Initial Unemployment Claims Fall Last Week   Full Article
Washington, DC, Dec. 4, 2014 -- Initial claims for unemployment benefits fell last week, according to the Labor Department.

Planned Layoffs Plunge in November   Full Article
Chicago, IL, Dec. 4, 2014 -- The number of planned layoffs by U.S. employers declined 30% in November from October, according to outplacement firm Challenger, Gray & Christmas.