Pending Home Sales Plunge 12.2% in July
Washington, DC, September 5, 2007-- Pending home sales fell 12.2% to a reading of 89.9 in July from the June index of 102.4, according to the National Association of Realtors.
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Mortgage Industry Woes Boost August Layoffs
Chicago, IL, September 5, 2007—Job cuts announced in August were up 22% from a year earlier, according to a report from Challenger, Gray & Christmas.
ADP Report: Employment May Be Slowing Down
Roseland, NJ, September 5, 2007-- Private sector employment increased by 38,000 in August, according to the ADP National Employment Report.
Chain-Store Sales Up 0.2% Last Week
New York, NY, September 5, 2007-- Chain-store sales rose 0.2% for the week ended September 1, compared with the prior week, according to the International Council of Shopping Centers and UBS Securities.
Mortgage Apps Up Slightly Last Week
Washington, DC, September 5, 2007--The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending August 31, 2007.
Blogs Hit Mainstream, Women Biggest Readers
Chicago, IL, September 5, 2007--According to a recent Synovate/Marketing Daily survey, eight out of ten Americans know what a blog is and almost half have visited blogs.
Creating Your Space Signs Interior Remodeling Firm
Sausalito, CA, September 5, 2007--Creating Your Space (CYS) said it has signed Home Valu Interiors, a leading interior remodeling company in the upper Midwest.
Armstrong Laminate Featured on Martha Stewart Show
Lancaster, PA, September 5, 2007--Two Armstrong products were featured in a segment of the nationally syndicated Martha Stewart Show.
Manufacturing Sector Growth Slows in August
September 4, 2007--Economic activity in the manufacturing sector expanded in August but at a slower pace than in July, according ot the Institute for Supply Management.
July Construction Spending Off 0.4%
Washington, DC, September 4, 2007—Construction spending dropped 0.4% in July to an annual rate of $1.17 trillion, following a revised gain in June of 0.1%, according to the Commerce Department.