Consumer Spending Down 1% in October
Washington, DC, Nov. 26, 2008--Consumer spending fell 1% last month, the largest decline since September 2001, the Commerce Department reported Wednesday.
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Washington, DC, Nov. 26, 2008--Consumer spending fell 1% last month, the largest decline since September 2001, the Commerce Department reported Wednesday.
Dalton, GA, Nov. 25, 2008--U.S. Floors is beginning an $11 million expansion in Dalton that will add at least 15 new jobs next year, according to a story in the Dalton Daily citizen.
Tallahassee, FL, Nov. 25, 2008--Florida Gov. Charlie Crist says he likes the idea of a moratorium on housing foreclosures in Florida.
Fort Worth, TX, Nov. 25, 2008--D.R. Horton, Inc. said that fourth quarter revenue was cut in half from 2007.
Washington, DC, Nov. 25, 2008--The U.S. economy contracted at a slightly faster pace in the third quarter than initially estimated, government data showed Tuesday.
London, England, Nov. 25, 2008--Topps Tiles, a provider of tile and wood flooring, reported a decline in profit for the full year 2008, with revenues almost flat with the previous year.
St. Petersburg, FL, Nov. 25, 2008--Kaindl Laminate Flooring said it has a laminate flooring collection of Greenguard certified products.
New York, NY, Nov. 25, 2008--House prices in 20 U.S. cities in September declined at the fastest pace on record as rising foreclosures pushed down property values.
Washington, DC, Nov. 25, 2008--Falling gas prices were good for consumer confidency, according to the monthly Conference Board index.
Washington, DC, Nov. 24, 2008--Resales of single-family homes and condos fell 3.1% in October to a seasonally adjusted annual rate of 4.98 million, the National Association of Realtors reported Monday.