Construction Spending Rises in December
Washington, DC, Feb. 2, 2015 -- Spending on U.S. construction projects rose 0.4% in December to a seasonally adjusted annual rate of $982.1 billion, according to the Commerce Department.
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Consumer Spending Falls in December
Washington, DC, Feb. 2, 2015 -- Consumer spending fell in December a seasonally adjusted 0.3% from the prior month, the Commerce Department said.
Manufacturing Sector Growth Slows in January
Washington, DC, Feb. 2, 2015 -- Growth in the U.S. manufacturing sector slowed in January more than expected, according to the Institute for Supply Management.
Card-Monroe Names Brad Card President
Chattanooga, TN, Feb. 2, 2015 -- Tufting machinery maker Card-Monroe Corp. said that Bradford T. Card will become president of the company effective immediately.
Marble Institute Plans Educational Series
Oberlin, OH, Feb. 2, 2015 -- The Marble Institute of America has announced its 2015 Stone Industry Education Series.
Curtis Wool Direct Acquires Irish Firm
Bingley, England, Feb. 2, 2015 -- The Curtis Wool Direct Group said it has acquired Irish wool merchants Laurence Pierce Ltd.
Consumer Sentiment at 11-Year High
Ann Arbor, MI, Jan. 30, 2015 -- American consumer sentiment hit an 11-year high in January, according to the final reading for the University of Michigan consumer sentiment survey.
Economic Growth Cools in Fourth Quarter
Washington, DC, Jan. 30, 2015 -- U.S. economic growth slowed to a 2.6% annual pace in the fourth quarter, according to the Commerce Department.
Beazer Reports Lower Income, Sales in Quarter
Atlanta, GA, Jan. 30, 2015 -- Beazer Homes reported a first-quarter loss of $22.3 million or $0.84 per share, compared to a loss of $5.1 million a year ago.
January Chicago PMI Tops Expectations
Chicago, IL, Jan. 30, 2015 -- The Chicago Purchasing Managers Index, a measure of economic activity, rose to 59.4 in January from 58.8 in December.