CPI Drops 0.1% in May
Washington, DC, June 15—-The consumer price index fell 0.1 percent in May after rising 0.5 percent in April, according to the Labor Department. The core index, which excludes food and energy, rose 0.1 percent in May.
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Retail Sales Up 0.2% in May According to NRF
Washington, DC, June 15--While unseasonably cool weather affected sales of some spring merchandise, it didn't alter sales of home goods, which continued to bring consumers to stores last month.
Interforest OKs Tentative Labor Agreement
Darlington, PA, June 15--A spokeswoman from Interforest, Ltd., announced a tentative agreement Tuesday with union workers, who have been on strike since May 8.
Mills Intro 125 New Antron Styles at NeoCon
Chicago, IL, June 14--Carpet mills are introducing 125 new styles featuring Antron carpet fiber during NeoCon this year.
U.S.-Led Global Economy Is Slowing
New York, NY, June 14--The U.S. and global economies are slowing, but there is no cause for alarm yet, according to an analysis released today by The Conference Board.
Vitra Expands With New Natural Stone Line
Suwanee, GA, June 14--Vitra Tiles USA, marketers of the comprehensive Vitra tile collection, is introducing the Vitra Natural Stone Collection, its first stone line in the US.
Manpower: Hiring Plans Stable in 3Q
Milwaukee, WI, June 14--Businesses expect that the stable hiring pattern they have reported since the beginning of the year will continue into the third quarter, according to the seasonally adjusted results of the latest Manpower Employment Outlook Survey
Sicis North America Opening Manhattan Office
New York, NY, June 14--SICIS North America Inc. will be commencing operations soon at its offices in Manhattan and its warehousing facilities in New Jersey.
NRF Urges Rejection of Consumption Tax
Washington, DC, June 14--The National Retail Federation has filed comments with the President's Advisory Panel on Federal Tax Reform urging the panel to reject economically risky proposals to replace the nation's income tax system.
Chain Stores Sales Up Last Week
New York, NY, June 24--Chain store retail sales rose 0.6 percent in the week ended June 11, compared with a 0.4 percent rise the previous week, the International Council of Shopping Centers and UBS said in a joint report.