Manufacturing Strengthens in January
Washington, DC, Feb. 1, 2013 -- Manufacturing activity strengthened in January, according to the Institute for Supply Management.
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Michelman Forms Engineered Wood Unit
Cincinnati, OH, Feb. 1, 2013 -- Michelman, a global developer of water-based functional coatings, surface modifiers and polymers said it has formed a new Engineered Wood Business Unit.
Sherwin-Williams Sees Higher Quarterly Income
Cleveland, OH, Feb. 1, 2013 -- Sherwin-Williams reported that its fourth-quarter profit rose to $117.2 million, or $1.12 a share, from $14.6 million, or $0.14 a share, a year ago..
Consumer Spending Up in December
Washington, DC, Jan. 31, 2013 -- Consumer spending increased in December, according to the Commerce Department.
Unemployment Falls in Most Major Cities
Washington, DC, Jan. 31, 2013 -- The Labor Department said unemployment rates fell in most of the largest U.S. cities in November compared with the same month a year ago.
QEP To Distribute Homelux Products in NA
Boca Raton, FL, Jan. 31, 2013 -– Q.E.P. Co. has been named as the exclusive authorized distributor of Homelux Products in North America.
PulteGroup Net Income Surges in Fourth Quarter
Bloomfield Hills, MI, Jan. 31, 2013 -- Home builder PulteGroup reported fourth quarter net income of $59 million, or $0.15 per share compared to net income of $14 million, or $0.04 per share, a year ago.
Chicago Area Manufacturing Increases in January
Chicago, IL, Jan. 31, 2013 -- The Chicago purchasing managers index, a measure of manufacturing activity, rose to 55.6% in January, it best performance in nine months, according to the Institute for Supply Management.
Planned Job Cuts Rise, but Fall from Year Ago
Chicago, IL, Jan. 31, 2013 -- Employers plan to cut more than 40,000 jobs this month, according to outplacement firm Challenger, Gray & Christmas, but the number is near historical lows for January.
Initial Jobless Claims Rise from Five-Year Low
Washington, DC, Jan. 31, 2013 -- Initial claims for unemployment benefits rose last week, according to the Labor Department.