Consumer Sentiment Falls Sharply in June
Ann Arbor, MI, June 15, 2012 -- The University of Michigan-Thomson Reuters consumer-sentiment index fell to 74.1 in the June preliminary reading, the lowest level since December.
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Foreclosure Filings Up Over May, Down from 2011
Irvine, CA, June 14, 2012 -- Foreclosure filings rose 9% in May, compared with April, but were down 4% compared with the same month last year, according tracking firm RealtyTrac.
Mannington Names Design Challenge Winner
Chicago, IL, June 14, 2012 -- Mannington Commercial announced the grand prize winner in its tx:style design challenge at the NeoCon show.
Home Equity Highest Since 2008
Washington, DC, June 14, 2012 -- Home equity in the first quarter rose to the highest level since 2008, Bloomberg News reported, based on its analysis of Federal Reserve data.
Increased Trucking Shows Economic Expansion
New York, NY, June 14, 2012 -- One leading indicator of economic activity, truck shipments, show the U.S. economic expansion is continuing, according to BusinessWeek.
Initial Jobless Claims Edge Higher
Washington, DC, June 14, 2012 -- Initial jobless claims rose again last week, according to the Labor Department.
Improving Housing Markets List Shrinks to 80
Washington, DC, June 14, 2012 -- The June list of U.S. housing markets showing sustained improvement now includes 80 metropolitan areas, according to the National Association of Home Builders/First American Improving Markets Index .
Few Signs of Inflation in May
Washington, DC, June 14, 2012 -- U.S. consumer prices fell 0.3% in May, the biggest decline in three and a half years, according to the Labor Department.
Retail Sales Rise in May Excluding Gasoline
Washington, DC, June 13, 2012 -- U.S. retail sales fell in May for the second month in a row due to lower gasoline prices, according to the Commerce Department.
Momeni Names Tashjian Custom Program Director
Carlstadt, NJ, June 13, 2012 -- Rug firm Momeni said it has named Douglas Tashjian to the newly created position of custom program director.