Construction Spending Up 0.7%
Washington, DC, December 1, 2005-Spending on construction projects increased 0.7% in October as public-sector outlays jumped, the Commerce Department said Thursday.
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Architecture Billings Index Up for Tenth Straight
Washington, DC, December 1, 2005--The Architecture Billings Index (ABI), a leading economic indicator of nonresidential construction activity, showed growth for the tenth consecutive month in October.
National Green Building Conference Set For March
Washington, DC, December 1, 2005--A thousand builders, remodelers, developers, architects, engineers and other home building professionals will travel to Albuquerque, N.M., for the National Green Building Conference, March 12-14, 2006.
Weekly Jobless Claims Drop Sharply
Washington, DC, December 1, 2005--First-time claims for state unemployment benefits fell 17,000 to 320,000 in the week ended Nov. 26.
Report: Home Prices Up 12%
Washington, DC, December 1, 2005--Average home prices climbed 12.02 percent over 12 months to September 30, though there was a slowdown in price rises in some hot markets.
Personal Income and Spending Up Marginally
Washington, DC, December 1, 2005--Personal incomes and spending rose modestly in October while inflationary pressures eased, according to the Commerce Department.
Low & Bonar Faces $14 Million in Fines
London, England, December 1, 2005--Flooring group Low & Bonar is facing a hefty fine after the European Commission ruled that the group was involved in a cartel in the 1990s.
ISM: Manufacturing Growth Slows
Tempe, AZ, December 1, 2005-Factory activity in the United States remained at a strong pace in November, the Institute for Supply Management reported Thursday.
Wisconsin Retailer Closes Store, Can't Compete
Wisconsin Rapids, WI, November 30, 2005--After 55 years of business, Henke's Floors will be closing its doors for the final time Friday.
Activists Says Afghan Carpet Weavers are Unpaid Sl
Kabul, Afghanistan, November 30, 2005—According to a AFP.com, thousands of women and girls who weave world famous Afghan carpets are treated as unpaid slaves by their male relatives, a rights activist said, calling on the government to regulate the indust