Retailers Report Strong Gains in September
New York, NY, October 5, 2006--Retailers had a wave of chilly weather, a late start to back-to-school shopping and a fall in gas prices to thank for unusually strong same-store sales in September.
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Solutia Inventors Receive Patent on Manufacturing
St. Louis, MO, September 27, 2006 -- Solutia Inc. today announced that Jerry L. Brown of Heflin, Ala. and Patrick P.B. Notte of Wavre, Belgium, have received a U.S. patent for a process to manufacture specialty polymers and plastics using Solutia's Th
Armstrong Appoints Special Committee of the Board
Lancaster, PA, October 2, 2006--As announced today by Armstrong World Industries, pursuant to it's "Fourth Amended Plan of Reorganization, as Modified, ownership of AWI by Armstrong Holdings ended upon AWI's emergence from Chapter 11.
NAHB: Housing Downswing Will Not Lead to Recession
Washington, DC, September 28, 2006 - Looking a bit rougher than the soft landing housing analysts had been expecting, the current housing downswing is unlikely to lead to economic calamity.
GDP Revised Down in 2Q
Washington, DC, September 28, 2006--Second-quarter U.S. growth increased at a 2.6% rate, slightly lower than previous estimates of a 2.9% growth rate, the Commerce Department said Thursday.
Existing-Home Sales Holding At A Sustainable Pace
Washington, D.C., September 25, 2006--Existing-home sales stabilized at a sustainable pace in August, while home prices showed an anticipated decline, according to the National Association of Realtors.
Producer Prices Up, Core Rate Down
Washington, DC, September 19, 2006--The producer price index rose by a smaller-than-expected 0.1% in August, the Labor Department reported Tuesday.
Home Depot To Hire 1,000
Atlanta, GA, September 18, 2006--Home Depot said it is hiring more than 1,000 new employees across the country as part of its latest effort to improve its stores.
Monthly Inflation Down in August
Washington, DC September 15, 2006--The rate of inflation slowed to 0.2 percent in August, from July's 0.4 percent increase, according to the Labor Department's latest Consumer Price Index (CPI) readings.
U.S. Retail Sales Up 0.2% in August
Washington, D.C., September 14, 2006--Americans' retail spending rose 0.2 percent in August, according to the U.S. Commerce Department. The increase was slightly higher than most experts had predicted, but was below July's 1.4 percent increase.