Economic Indicators Up More Than Expected
New York, NY, Dec. 22, 2011 -- The index of U.S. leading economic indicators rose more than forecast in November, a sign that the U.S. economy will keep growing in early 2012.
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Consumer Sentiment Rises Fourth Straight Month
Ann Arbor, MI, Dec. 22, 2011 -- The University of Michigan/Thomson Reuters Consumer Sentiment Index reached 69.9 in the final reading for December compared with 64.1 in November.
Tarkett Expands Partnership With NRF
Chagrin Falls, OH, Dec. 22, 2011 -- Tarkett said it will extend its partnership with NRF Distributors, Inc. to include all products under the Johnsonite brand and all Tarkett residential products.
Initial Jobless Claims Lowest Since April 2008
Washington, DC, Dec. 22, 2011 -- Applications for unemployment benefits unexpectedly dropped last week to the lowest level since April 2008, according to the Labor Department.
Home Values See Smallest Decline in Four Years
Seattle, WA, Dec. 22, 2011 -- U.S. home values are likely to see their smallest decrease in four years in 2011, according to Zillow Inc.
Home Prices Edge Down in October
Washington, DC, Dec. 22, 2011 -- U.S. home prices fell 0.2% on a seasonally adjusted basis in October, the Federal Housing Finance Agency said Thursday.
Third Quarter Economic Growth Revised to 1.8%
Washington, DC, Dec. 22, 2011 -- U.S. economic growth in the third quarter was revised down, the Commerce Department reported.
Government Says Foreclosures To Stay High
Washington, DC, Dec. 22, 2011 -- Foreclosures in the initial stages rose in the third quarter and are expected to remain elevated for the “foreseeable future,” the Office of the Comptroller of the Currency said in a report.
Fuller Buying Forbo's Industrial Adhesives Unit
St. Paul, MN, Dec. 22, 2011 -- Adhesives firm H.B. Fuller Co. has agreed to acquire the industrial adhesives business of the Forbo Group for $395 million.
Existing Home Sales Highest in Ten Months
Washington, DC, Dec. 21, 2011 -- Existing-home sales rose again in November and remain above a year ago, according to the National Association of Realtors.