Personal Income Edges Higher in June
Washington, DC, Aug. 2, 2011 -- Personal income rose $18.7 billion, or 0.1%, and disposable personal income increased $16.3 billion, or 0.1%, in June, according to the Bureau of Economic Analysis.
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Oil Continues To Fall on Economic Worries
New York, NY, Aug. 2, 2011 -- Oil prices fell below $95 a barrel Tuesday in Asia on investor concern about slowing global economic growth.
Carpetright Expects Poor Retail Conditions Ahead
London, England, Aug. 2, 2011 -- Carpetright, Britain's largest flooring retailer, said it did it sees a challenging time ahead and does not expect the retail environment to pick up soon.
Mortgage Rates Little Changed in Last Week
Washington, DC. Aug. 2, 2011 -- Mortgage rates in the U.S. barely budged over the past week, according to Freddie Mac's weekly survey of mortgage rates.
Americhem To Open Educational Series in Dalton
Cuyahoga Falls, OH, Aug. 2, 2011 -- Americhem, a maker of color and additive concentrates for synthetic fibers, is launching Americhem U, a free, ongoing educational series.
Deloitte's Consumer Spending Index Falls in June
New York, NY, Aug. 2, 2011 -- The Deloitte Consumer Spending Index fell again in June, the company said.
Consumers Spend Less in June
Washington, DC, Aug. 2, 2011 -- U.S. consumers cut back on their spending in June for the first time in almost two years, according to the Commerce Department.
Construction Spending Increases in June
Washington, DC, Aug. 1, 2011 -- Construction began on more commercial buildings in June, pushing spending higher for a third straight month, according to the Commerce Department.
Armstrong Earnings Surge, Sales Up Modestly
Lancaster, PA, Aug. 1, 2011 -- Armstrong World Industries reported that net income in the second quarter rose 41% over a year ago although net sales increased just 3%.
Manufacturing Expands for 24th Straight Month
Tempe, AZ, Aug. 1, 2011 -- Economic activity in the manufacturing sector expanded in July for the 24th consecutive month, according to the latest Manufacturing ISM Report.