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Washington, DC, Aug. 11, 2009--The National Federation of Independent Business monthly Small Business Economic Trends survey showed that small business owner optimism fell 1.3 points to 86.5, producing the second monthly decline in a row.
Washington, DC, Aug. 11, 2009--U.S. productivity in the second quarter rose at its fastest pace in six years as companies slashed costs to protect profits, government data showed on Tuesday.
New York, NY, Aug. 11, 2009--Almost 25 percent of U.S. mortgage holders owed more than their homes were worth in the second quarter and that figure may rise to as much as 30 percent by mid-2010 as job losses and foreclosures climb, Zillow.com said.
Washington, DC, Aug. 10, 2009--The collapse in commercial real estate is becoming one of the biggest drags on a budding economic recovery.
New York, NY, Aug. 10, 2009--House Beautiful once again selected Shaw Floors to be a participating sponsor of its second annual “Kitchen of the Year” at New York’s Rockefeller Plaza July 20-24.
Washington, DC, Aug. 7, 2009--U.S. employers cutting 247,000 jobs in July, the fewest in a year, and the unemployment rate dipped to 9.4 percent, its first decline in 15 months.
Washington, DC, Aug. 6, 2009--Residential remodeling showed modest gains during the second quarter, with increases in all indicators, according to the latest National Association of Home Builders Remodeling Market Index.
Washington, DC, Aug. 10, 2009--Economic forecasters say the recession will end this quarter, but most also believe a U.S. recovery will be subdued, according to the monthly survey of economists by Blue Chip Economic Indicators.
Omaha, NE, Aug. 10, 2009--Berkshire Hathaway reported net after-tax profit of $3.295 billion for the second quarter, or $2,123 per class A share.
Atlanta, GA, Aug. 7, 2009--Beazer Homes reported Thursday that its revenue sank by more than half, due to a 43 percent decline in home closings and a 9 percent drop in the average selling price.