1Q Productivity Revised Up
Washington, DC, June 1, 2006--Productivity rose at an annual rate of 3.7% in the first quarter, stronger than the 3.2% gain reported earlier, the Labor Department said Thursday.
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European Economy in Solid Turnaround
New York, NY, June 1, 2006--For the first time in six years, the gap between real Gross Domestic Product growth in the euro area and real GDP growth in the U.S. is expected to narrow in 2006.
Initial Jobless Claims Rise
Washington., DC, June 1, 2006--Initial claims for unemployment benefits rose last week to the highest level since October, the Labor Department reported Thursday.
BASF to Increase Styrene-Butadiene Latex Prices
Charlotte, NC., June 1, 2006 -- Effective June 19, 2006, or as contracts allow, BASF will raise prices by three cents per dry pound in the United States and Canada on all Styrofan carboxylated styrene-butadiene emulsion polymer products.
Mortgage Application Volume Declines in Latest Sur
Washington, DC, May 31, 2006--The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending May 26.
Hovnanian 2Q Earnings Off
Red Bank, NJ, May 31, 2006—Home builder Hovnanian Enterprises reported earnings for its fiscal second quarter that fell 2.3% from the year-earlier period.
Laticrete Celebrates 50 Years
Orlando, FL, May 31, 2006—Laticrete International celebrated its 50th anniversary as a producer of innovative tile and stone installation systems in grand style during Coverings 2006 in Orlando, Florida.
Costco’s 3Q Earnings Up
Issaquah, WA, May 31, 2006--Costco Wholesale Corp., reported third-quarter earnings that were up 12.3 percent, aided by higher sales and membership fees.
Free Carpet Installation Training Offered in Gulf
Biloxi, MS, May 31, 2006--Construction-related training is being offered tuition-free at Mississippi Gulf Coast Community College's Jefferson Davis Campus. The 120-hour class is part of Project Retrain, a specialized training program that teaches skil
Chicago PMI Up Again
Chicago, IL, May 31, 2006--Business activity expanded in the Chicago region for the 37th consecutive month in May, the National Association of Purchasing Managers-Chicago said Wednesday.