Leading Indicators Rise Again in October
New York, NY, Nov. 18, 2010 -- The Conference Board Leading Economic Index increased 0.5% in October to 111.3 following a 0.5% increase in September, and a 0.1% increase in August.
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Initial Jobless Claims Rise Less Than Expected
Washington, DC, Nov. 18, 2010 -- Initial jobless claims rose by 2,000 last week to 439,000, the U.S. Labor Department reported Thursday.
Mortgage Interest Proposal Faces Heavy Lobbying
Washington, DC, Nov. 18, 2010 -- The debt commission’s early proposal to either reduce or eliminate the mortgage interest tax deduction will face a lobbying onslaught.
NAHB Study Optimistic About Future Demand
Washington, DC, Nov. 18, 2010 -- Annual single-family housing production in 2008 and 2009 fell about one million units short of the housing that would be needed in a normally functioning economy.
Design Guild Names Showcase Award Winners
Manchester, NH, Nov. 18, 2010 -- The International Design Guild has named the winners of its 2010 Designer Showcase Awards.
Mondo in Deal With Municipal Contracting Agency
Conshohocken, PA, Nov. 18, 2010 -- Mondo said it has entered a municipal vendor partnership contract with National Joint Powers Alliance for its sports surfaces and athletic equipment and accessories.
Foreclosure Starts Up, Delinquencies Decline
Washington, DC, Nov. 18, 2010 -- Foreclosure starts rose in the third quarter, but the delinquency rate for mortgage loans dropped overall, the Mortgage Bankers Association reported on Thursday.
Interface Begins $275 Million Debt Offering
Atlanta, GA, Nov. 18, 2010 -- Interface Inc. has begun a private debt offering of $275 million, which will be used to retire $260 million in current debt that ranges from 9.5% to 11.375%. This is a correction from the original post.
Mortgage Application Volume Falls on Refinancing
Washington, DC, Nov. 17, 2010 -- Mortgage application volume dropped last week, as demand for refinancing loans fell, according to the Mortgage Bankers Association.
Still No Signs of Consumer Inflation
Washington, DC, Nov. 18, 2010 -- Consumer inflation decelerated in October, the Labor Department said Wednesday.