Employment & Unemployment Both Edged Up in January
Washington, DC, February 1, 2019—Total nonfarm payroll employment increased by 304,000 in January, and the unemployment rate edged up to 4.0%, the U.S. Bureau of Labor Statistics reported.
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Millennials Say They'll Be Frugal as They Jump into Homebuying
New York, NY, January 31, 2019-Millennials may soon be hopping into the home buying market in higher numbers, but they are being conservative with their spending, reports CNBC.
Gardner Wright of Modern Fiber & Synthetic Ind. Has Died
Rome, GA, January 31, 2019-Gardner Wright, 89, died January 26.
Single-Family Home Sales Rose 16.9% in November
Washington, DC, January 31, 2019-Sales of new single-family houses in November 2018 were at a seasonally adjusted annual rate of 657,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development.
Hotel Construction Pipeline Closed 2018 With Steady Growth
Portsmouth, NH, January 31, 2019-At the end of 2018, analysts at Lodging Econometrics (LE) reported that the total U.S. construction pipeline continued to trend upward with 5,530 projects/669,456 rooms, both up a strong 7% year-over-year (YOY).
Xpress Global Opens New Dallas Service Center
Chattanooga, TN, January 31, 2019-Xpress Global Systems (XGS) is continuing to grow in key markets throughout the U.S. in 2019, starting with moving into a new, state-of-the-art facility in Dallas, Texas.
Kurt Topp Named Managing Director of PF America
Lancaster, PA, January 31, 2019-Kurt Topp has been named managing director of PF America.
Private Sector Employment Rose by 213,000 in January
Roseland, NJ, January 30, 2019—Private sector employment increased by 213,000 jobs from December to January, according to the January ADP National Employment Report.
Couristan's Stephen Finkelstein Has Died
Fort Lee, NJ, January 30, 2019—Couristan has announced the death of long-time sales executive Stephen Finkelstein, 73, on January 21.
Pending Home Sales Fell 2.2% in December
Washington, DC, January 30, 2019-The Pending Home Sales Index decreased 2.2% to 99.0 in December, down from 101.2 in November, according to the National Association of Realtors.