Home Depot Revises Earnings Higher
Atlanta, GA, June 10, 2009--Home Depot Inc. said Wednesday that earnings this fiscal year would probably be higher than it had previously expected.
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New York '08 Construction Spending Rose
New York, NY, June 10, 2009--Unlike many areas of the country, construction spending in the New York area rose 4% to $31.8 billion in 2008, a performance that experts don’t expect to see duplicated this year.
Woolrich Convenes Brand Partners for Summit
Woolrich, PA, June 10, 2009--Woolrich held its annual Brand Partners’ Summit June 3-4.
Consumer Spending Rises from Previous Week
New York, NY, June 9, 2009--Consumer spending at retail stores in the U.S. continued to drop last week compared to last year.
Conference Board Employment Index Edges Up
New York, NY, June 9, 2009--The Conference Board Employment Trends Index saw a small uptick in May. The
Economic Indicators Growing More Positive
Washington, DC, June 8, 2009--Of the 11 major economic indicators that came out last week, only one deteriorated, according to the National Association of Manufacturers.
Small Business Sentiment Improving, NFIB Says
Washington, DC, June 9, 2009--An index measuring sentiment among small business owners gained for the second consecutive month, moving just below a level that would indicate growth in the economy.
Home Legend Names VP of Direct Sales
Chino, CA, June 8, 2009--Home Legend has named Jamann Stepp vice president of direct sales.
Commercial Mortgage Defaults Projected To Rise
New York, NY, June 9, 2009--The default rate on commercial mortgages held by U.S. banks could rise to a 17-year high later this year, according to New York property research firm Real Estate Econometrics.
Commercial Mortgage Volume Tumbles in 2008
Washington, DC, June 8, 2009-Commercial/multifamily mortgage origination volumes decreased 65 percent in 2008, with mortgage bankers closing $181.4 billion in commercial and multifamily loans, according to the Mortgage Bankers Association.