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Washington, DC, July 10, 2006--Rising interest rates and climbing energy prices have weighed on housing activity, but 2006 should still be the third strongest year on record, mortgage finance company Freddie Mac said on Monday.
Washington, DC, July 10, 2006--Wholesale inventories rose 0.8% in May while sales increased 1.6%, according to a Commerce Department report.
Washington, DC, July 6, 2006--After several years of record levels, the housing market is showing some signs of cooling.
Bentonville, AR, July 6, 2006--Wal-Mart said Thursday that total U.S. same-store sales rose 1.2 percent for the month of June, short of Wall Street expectations for a 2 percent.
Vancouver, WA, July 6, 2006--The Institute for Inspection, Cleaning and Restoration Certification (IICRC) today announced that it will host a series of one-day workshops across the United States.
Chicago, IL, July 6, 2006---Outplacement consultant Challenger, Gray & Christmas Inc. said its figures show that companies planned 67,176 job cuts in June, a 25 per cent increase from 53,716 in May.
Cincinnati, OH, July 6, 2006--Federated Department Stores today reported total sales of $2.367 billion for the five weeks ended July 1, 2006, an increase of 64.8 percent compared to total sales of $1.436 billion in the same period last year.
South Geelong, July 5, 2006-- Australian rival Godfrey Hirst may yet come to Feltex's rescue if the struggling carpet-maker is honest about its prospects, according to a source close to the Australian company.
Washington, DC, July 5, 2006--Orders for factory goods rose 0.7% in May, the Commerce Department estimated Wednesday.
Washington, DC, July 3, 2006—Construction spending were off 0.4% in May, the biggest decline since September 2004, according to the Commerce Department estimated Monday.