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New York, NY, June 10, 2009--The price of oil rose above $71 a barrel Wednesday to reach a 2009 high, as investors poured money into crude markets to protect themselves against the inflation risks posed by a weakening U.S. dollar.
Washington, DC, June 10, 2009--Mortgage application volume last week fell a seasonally adjusted 16.2% compared with the previous week, the Mortgage Bankers Association said Wednesday, as mortgage rates rose sharply.
Dalton, GA, June 9, 2009--Shaw Industries is celebrating the 10th anniversary of EcoWorx, the company’s first fully recyclable commercial carpet backing system.
Atlanta, GA, June 10, 2009--Home Depot Inc. said Wednesday that earnings this fiscal year would probably be higher than it had previously expected.
New York, NY, June 10, 2009--Unlike many areas of the country, construction spending in the New York area rose 4% to $31.8 billion in 2008, a performance that experts don’t expect to see duplicated this year.
Woolrich, PA, June 10, 2009--Woolrich held its annual Brand Partners’ Summit June 3-4.
New York, NY, June 9, 2009--Consumer spending at retail stores in the U.S. continued to drop last week compared to last year.
New York, NY, June 9, 2009--The Conference Board Employment Trends Index saw a small uptick in May. The
Washington, DC, June 8, 2009--Of the 11 major economic indicators that came out last week, only one deteriorated, according to the National Association of Manufacturers.
Washington, DC, June 9, 2009--An index measuring sentiment among small business owners gained for the second consecutive month, moving just below a level that would indicate growth in the economy.