Index Based on Pending Home Sales Slides
Washington, DC, June 2, 2006--Pending home sales, the leading indicator for the housing sector, are continuing to ease, according to the National Association of Realtors.
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Future Spending Index: Consumers Poised to Spend i
Columbus, OH, June 2, 2006--After tapping the brakes in May, consumers are signaling they intend to spend at a faster pace in June according to Retail Forward's Future Spending Index.
Opoczno Opens Russia Subsidiary
Warwaw, Poland, June 2, 2006--Polish ceramic tiles maker Opoczno registered a subsidiary to handle sales in Russia.
Many Still Critical of Home Depot
Atlanta, GA, June 2, 2006--In the wake of Home Depot Inc.'s annual meeting flap, observers say the home improvement giant's board may have created some unintended consequences.
Retailers Sales Up in May
New York, NY, June 2, 2006--Defying rising gasoline and utility prices and extending their April shopping spree, consumers rushed to shopping centers and malls in May.
Hakatai Intros Aventurine Series
Ashland, OR, June 2, 2006--Hakatai Enterprises Inc., importer and distributor of glass mosaic tile, introduced Aventurine Series ¾” x ¾” glass tile.
1Q Productivity Revised Up
Washington, DC, June 1, 2006--Productivity rose at an annual rate of 3.7% in the first quarter, stronger than the 3.2% gain reported earlier, the Labor Department said Thursday.
European Economy in Solid Turnaround
New York, NY, June 1, 2006--For the first time in six years, the gap between real Gross Domestic Product growth in the euro area and real GDP growth in the U.S. is expected to narrow in 2006.
Initial Jobless Claims Rise
Washington., DC, June 1, 2006--Initial claims for unemployment benefits rose last week to the highest level since October, the Labor Department reported Thursday.
BASF to Increase Styrene-Butadiene Latex Prices
Charlotte, NC., June 1, 2006 -- Effective June 19, 2006, or as contracts allow, BASF will raise prices by three cents per dry pound in the United States and Canada on all Styrofan carboxylated styrene-butadiene emulsion polymer products.