Few Signs of Inflation in May
Washington, DC, June 14, 2012 -- U.S. consumer prices fell 0.3% in May, the biggest decline in three and a half years, according to the Labor Department.
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Retail Sales Rise in May Excluding Gasoline
Washington, DC, June 13, 2012 -- U.S. retail sales fell in May for the second month in a row due to lower gasoline prices, according to the Commerce Department.
Momeni Names Tashjian Custom Program Director
Carlstadt, NJ, June 13, 2012 -- Rug firm Momeni said it has named Douglas Tashjian to the newly created position of custom program director.
Mortgage Application Volume Surges
Washington, DC, June 13, 2012 -- Mortgage application volume last week jumped 30% from the prior week, the Mortgage Bankers Association said.
Business Inventories Rise in April
Washington, DC, June 13, 2012 -- Business inventories rose 0.4% to $1.58 trillion in April, the Commerce Department reported Wednesday.
Horizon Forest Products Opens Virginia Branch
Raleigh, NC, June 13, 2012 -- Horizon Forest Products and Long Floor has opened a branch in Sterling, Virginia.
Producer Prices Fall Again in May
Washington, DC, June 13, 2012 -- Producer prices fell 1.0% in May on lower costs for food and energy, the Labor Department reported.
Flooring Companies Win Best of NeoCon Awards
Chicago, IL, June 12, 2012 -- Eighty awards were distributed in The Best of NeoCon 2012 competition of contract furnishings.
Supply of Homes for Sale at Five Year Low
Santa Ana, CA, June 12, 2012 -- CoreLogic's June MarketPulse Report shows that its Home Price Index, including distressed sales, posted two consecutive months of year-over-year increases in April 2012.
Foreign Buyers Increase U.S. Home Purchases
Washington, DC, June 12, 2012 -- Due to low prices and the relative weakness of the dollar, international buyers continue to invest in U.S. residential real estate, according to the National Association of Realtors.