Incomes Rose 0.4% in April, Spending Up 0.9%
Washington, DC, May 27, 2022-Personal income increased $89.3 billion (0.4%) in April, according to estimates released by the Bureau of Economic Analysis.
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Americans Have Continued Shopping, Despite Inflationary Pressures
New York, NY, May 27, 2022—American shoppers boosted spending at department stores and discount chains, showing resilience amid inflationary pressures that have weighed on consumers and dented results at many big retail chains, reports the Wall Street Journal.
Jane Fonda To Be Keynote Speaker for Greenbuild 2022
New York, NY, May 27, 2022—The keynote speaker for Greenbuild 2022 will be actor, activist, philanthropist, and author Jane Fonda.
Q1 Kitchen & Bath Remodel Market Strong, Says NKBA
Hackettstown, NJ, May 26, 2022—The National Kitchen & Bath Association (NKBA) released its Kitchen & Bath Market Index (KBMI) for Q1 of 2022.
Q1 GDP Revised Down A Hair to 1.5% in Second Estimate
Washington, DC, May 26, 2022-Real gross domestic product (GDP) decreased at an annual rate of 1.5% in Q1 2022, according to the second estimate released by the Bureau of Economic Analysis
Initial Jobless Claims Declined 8K to 210K in Week Ending May 21
Washington, DC, May 26, 2022—In the week ending May 21, the advance figure for seasonally adjusted initial claims was 210,000, a decrease of 8,000 from the previous week's unrevised level of 218,000, according to the Department of Labor.
Pandemic-Driven City Population Declines Continued in 2021
New York, NY, May 26, 2022—Big-city population declines deepened across the U.S. last year as the pandemic continued sending Americans in search of more space, according to census figures released Thursday and reported by the Wall Street Journal.
HMTX Partners with Save the Sound for 6th Beach Cleanup Event
Norwalk, CT, May 26, 2022—HMTX Industries sponsored a beach cleanup May 21 with Save the Sound at Jennings Beach in Fairfield, Connecticut.
Spartan Surfaces Acquires Source One Contract
Bel Air, MD, May 25, 2022—Spartan Surfaces has acquired Source One Contract.
Orders for Durable Goods Rose 0.4% in April
Washington, DC, May 25, 2022—New orders for manufactured durable goods in April increased $1.2 billion or 0.4% to $265.3 billion, the U.S. Census Bureau announced. This increase, up six of the last seven months, followed a 0.6% March increase.