Service Sector Growth Eases
The Institute for Supply Management's services index eased to 60.1 in May, in line with forecasts and down from 63.0 in April.
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The Institute for Supply Management's services index eased to 60.1 in May, in line with forecasts and down from 63.0 in April.
Washington, DC, June 5, 2006--Multifamily builder confidence in the rental apartment market soared to a new high in the first quarter of 2006, as rising occupancies and rental rates pointed to increased consumer demand.
Dalton, GA, June 4, 2006--Even in black and white, Mohawk was a colorful addition to this year’s Oscar ceremonies.
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.
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.
Washington, DC, June 2, 2006--Home prices rose at the slowest pace in two years in the first quarter, as some once-hot markets in California saw prices fall.
Wielsbeke, Belgium, June 2, 2006--On May 26, 2006, in a case of patent infringement on Unilin's glueless technology, The Patent County Court in London denied B&Q and Berry Floor’s request to continue enforcement of the final judgement issued on July 3
New York, June 2, 2006--Analysts at Stifel Nicolaus & Company maintain their "hold" rating on Mohawk Industries Inc., while reducing their estimates for the company.
Washington, DC, June 2, 2006--Construction spending fell 0.1% in April, dragged down by a 1.1% drop in spending on home construction, the Commerce Department said Thursday.
Washington, DC, June 2, 2006--The unemployment rate ticked lower in May to 4.6% from 4.7% in April, according to the Labor Department.