Service Sector Continues to Expand
Tempe, AZ, May 5--The U.S. service sector grew at a brisk pace last month while employment and prices rose, according to a report released Wednesday by a private research group.
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Brazil’s Ceramic Exports Expected to Rise
Brasilia, Brazil, May 6--The Brazilian association of the ceramic makers towards coating Anfacer (Associacao Nacional dos Fabricantes de Ceramica para Revestimento) expects a 20% increase in exports to US$300 million this year.
Berry Group Wins German Patent Decision
Oostrozebeke, Belgium, May 4--On April 27th, the German Patent Office judged upon the cancellation actions that were initiated against Unilins utility model DE 297 24 428.
UK Chemical Firm to Distribute Shell’s PDO in Euro
London, UK, May 5--Shell Chemicals Europe BV and Whyte Chemicals Ltd. announced they have formed an agreement in which Whyte will handle distribution of Shell's 1,3 propanediol monomer (PDO) in the European chemicals marketplace.
Housing Affordability Rises
Washington, DC, May 4--A drop in mortgage interest rates, rising family income and a dip in home prices boosted housing affordability conditions in the first quarter.
March Construction Spending Record Setting
Washington, DC, May 4--Construction spending rose to a record annual pace of $944.1 billion, as work increased on highways and other public works as well as private homes.
Factory Orders Up by 4.3% in March
Washington, DC, May 4--Orders for factory goods surged during March at a rate nearly double what analysts expected, achieving their largest gain in 20 months.
Mixed Manufacturing Picture in April
Tempe, AZ, May 4--Economic activity in the manufacturing sector grew in April for the 11th consecutive month, while the overall economy grew for the 30th consecutive month, say the nation's supply executives in the latest Manufacturing ISM Report On B
Pulte Strives to Dominate Home-Building Market
Bloomfield Hills, MI, May 4--Pulte Homes Inc. is already a major player in the home-building industry and a Wall Street darling.
Department Stores Make Tentative Comeback
New York, NY, May 4--That stylish atmosphere that once defined America's department stores is making a comeback.