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Washington, DC, September 2, 2015—Construction spending during July was estimated at a seasonally adjusted annual rate of $1,083.4 billion, 0.7% above the revised June estimate, according to the The U.S. Census Bureau.
Washington, DC, September 2, 2015—Nonfarm business sector labor productivity increased at a 3.3% annual rate during the second quarter of 2015, the U.S. Bureau of Labor Statistics has reported, as output increased 4.7% and hours worked increased 1.4%.
Arlington, VA, September 2, 2015—Construction employment increased in fewer than half of the nation's metro areas between July 2014 and July 2015, according to the Associated General Contractors of America.
Tempe, Arizona, September 1, 2015—The August Purchasing Managers' Index (PMI) registered 51.1%, a decrease of 1.6 percentage points from the July reading of 52.7%, say the nation’s supply executives in the latest Manufacturing ISM Report On Business.
Cambridge, MA, September 1, 2015—Two Massachusetts Institute of Technology professors have developed a software system called Celect that analyzes a store’s sales and inventory data to determine which products customers want to buy.
Chicago, IL, September 1, 2015—The 2015 Distribution Management University will be held in conjunction with the NAFCD + NBMDA Annual Convention on November 3 from 8:00 a.m. to 5:00 p.m. at the Hilton Orlando in Orlando, Florida.
Alexandria, VA, August 31, 2015—Housing market pricing cycles—normal, boom and bust phases—have become longer over the last four decades, according to statistical analysis of data from 20 industrial countries covering the period 1970 to 2012.
Ann Arbor, MI, August 31, 2015—The final result for consumer sentiment in August was 91.9, down 1.3% from July’s reading of 93.1.
Geneva, CH, August 31, 2015—Oil futures rose by more than 10% on August 27, according to Marketwatch, the largest one-day gain since 2009.
Palo Alto, CA, August 28, 2015—Houzz has released the 2015 U.S. Bedroom Trends Survey, which found that 38% of survey participants listed hardwood as the top flooring choice for their master bedroom, while another 30% listed carpet.