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Ann Arbor, MI, June 16, 2017—Consumer sentiment fell 2.7% in early June to 94.5 from May’s 97.1, according to preliminary results from the Survey of Consumers. This represents a 1.1% increase over June 2016’s rate.
Washington, DC, June 16, 2017—Privately-owned housing starts in May were at a seasonally adjusted annual rate of 1,092,000, 5.5% below the revised April estimate of 1,156,000 and is 2.4% below the May 2016 rate of 1,119,000, according to the Commerce Department.
Irvine, CA, June 14, 2017—Royalty Carpet Mills has shut its doors, effective immediately.
Washington, DC, June 15, 2017— Builder confidence in the market for newly-built single-family homes weakened slightly in June, down two points to a level of 67 from a downwardly revised May reading of 69 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI).
Washington, DC, June 15, 2017—Industrial production was unchanged in May following a large increase in April and smaller increases in February and March.
Brussels, Belgium, June 13, 2017—Balta has launched its initial public offering on the Brussels’ stock exchange at 13.25 euros/share.
Cartersville, GA, June 14, 2017—Satya Tiwari, president of Surya, was presented with the EY Entrepreneur Of The Year 2017 Award in the Family Business category in the Southeast at a special gala event at the College Football Hall of Fame in Atlanta on June 8.
Washington, DC, June 14, 2017—Advance estimates of U.S. retail and food services sales for May 2017 were $473.8 billion, a decrease of 0.3% from the previous month, and 3.8% above May 2016, according to the Commerce Department.
Washington, DC, June 14, 2017—The Consumer Price Index for All Urban Consumers (CPI-U) decreased 0.1% in May on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported.
Washington, DC, June 14, 2017—The combined value of distributive trade sales and manufacturers’ shipments for April was estimated at $1,352.0 billion, virtually unchanged from March 2017, but was up 5.6% from April 2016, according to the Commerce Department.