Business Executives More Upbeat Than Consumers
Washington, DC, April 11, 2008—Business leaders see flat expectations for sales, capital expenditures and employment over the next six months.
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Consumer Sentiment Plummets
Ann Arbor, MI, April 11, 2008—Consumer sentiment fell to a 16-year low this month, according to the Reuters/University of Michigan preliminary index of consumer sentiment.
Välinge Signs Three License Agreements
Viken, Sweden, April 11, 2008--Välinge has signed license agreements with Baroque Timber Industries Ltd, Timber Industries (Tianjin) Co. Ltd and Baishan Huafeng Wooden Product Co. Ltd.
Study Shows Poor Economy Hitting Middle Class
Washington, DC, April 10, 2008-- Middle-class Americans are being weighed down by economic pressures amid growing personal debt, a study released Wednesday by the Pew Research Center found.
Curriculum Review Set for INSTALL
Philadelphia, PA, April 10, 2008 – Technical and education experts are set to participate in a review of the curriculum from which INSTALL professionals are taught.
Foamex Signs Lease for New Headquarters Space
Media, PA, April 10, 2008--Foamex, an international producer of polyurethane foam, is relocating its headquarters from Linwood to a building in Media, Pa.
Initial Jobless Claims Fall, Still Show Weakness
Washington, DC, April 10, 2008-- Initial jobless claims fell 53,000 to 357,000 for the week ending April 5, according to the Labor Department.
Propex To Increase Backing Prices in May
Chattanooga, TN, April 9, 2008--Propex said it will raise prices 7 percent as of May 5 due to increases in raw material costs.
Mohawk Closing Dahlonega Manufacturing Plant
Atlanta, GA, April 8, 2008--Mohawk Industries has notified the Georgia Department of Labor that the company plans to close its manufacturing facility in Dahlonega, GA, in June, affecting 366 workers.
Small Business Confidence at 28-Year Low
Washington, DC, April 9, 2008--Confidence among U.S. small business owners nationwide fell in March to a 28-year low, according to the Small Business Economic Trends report by the National Federation of Independent Business.