Consumer Confidence Rises in August
New York, NY, Aug. 31, 2010--Consumer confidence rose to 53.5 in August from 51 in July but overall, consumers remain "apprehensive," the Conference Board said.
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Styron Names New Key Executives
Midland, MI, Aug. 31, 2010--Richard J. Diemer Jr. has been named executive vice president and chief financial officer of Styron.
Home Prices Rise in June on Tax Credit
New York, NY, Aug. 31, 2010--Home prices in June increased for a third consecutive month as tax credits inspired a burst of home-buying.
Chicago Manufacturing Continues to Expand
Chicago, IL, Aug. 31, 2010--Manufacturing in the Chicago region continued to expand but at a slower pace in August, according to the purchasing managers' index for the Chicago region.
Pergo Names Eisermann CEO in Realignment
Baar, Switzerland, Aug. 30, 2010--Pergo announced that Ralf Eisermann will assume the role of president and CEO of Pergo, LLC, taking over for George Kelley as part of a realignment of its operations.
Consumer Spending Outpaces Saving in July
Washington, DC, Aug. 30, 2010--Personal savings were down in July as consumer spending outpaced income growth, the Commerce Department reported Monday.
WONZ Forms Premier Partner Advisory Council
Marietta, GA, Aug. 30, 2010--Wools of New Zealand has recruited seven of the industry’s leading upscale retailers to form its Premier Partner Advisory Council.
First Time Home Buyers Retreating from Market
New York, NY, Aug. 30, 2010--First-time home buyers accounted for only 39% of home purchases in July, down from 48% in March.
Deficit Reduction Lower Priority for Economists
Washington, DC, Aug. 30, 2010--Business economists see more benefit in policies to promote economic growth than in policies to shrink the deficit.
Consumer Sentiment Up From July
Ann Arbor, MI, Aug. 27, 2010--U.S. consumer sentiment in late August improved from late July, according to Thomson Reuters/University of Michigan's Surveys of Consumers.