Total nonfarm payroll employment increased by 142,000 in August, and the unemployment rate was little changed at 6.1 percent, the U.S. Bureau of Labor Statistics reported. Job gains occurred in professional and business services and in health care. In August, both the unemployment …
Read More »
The Multifamily Production Index (MPI), a leading indicator for the multifamily market released by the National Association of Home Builders (NAHB), posted a gain of five points to a reading of 58 for the second quarter. It is the 10th …
Read More »
The Federal Housing Administration is overhauling a long-held policy of charging extra interest payments on loans it insures to borrowers who have already paid off the principal debts on their mortgages. FHA has permitted its lenders to charge borrowers a …
Read More »
Home Depot’s recent security lapse was a result of the same malware that attacked Target months ago. Krebs on Security reports that last week’s Home Depot. hack was “aided in part by a new variant of the same malicious software program …
Read More »
The Hardware Retailing Magazine Index soared in August, jumping 124.69 points, or 10.24 percent, closing at 1342.35, easily a record, and the highest index reading since December, 2013. Only Sears ended the month in negative terrain. The Commerce Department reported …
Read More »
As the economy is continuing to improve, Baby Boomers and Millenials are moving to opposite locations based on their current needs. According to an article by Realtor Mag, 17 million American move to a different county each year. Millenials are …
Read More »
Social media outlet Twitter is testing a “buy now” button on tweets, allowing users to shop for products without leaving Twitter. According to Marketing magazine, Burberry and Home Depot are the only two retail brands testing the service, while other …
Read More »
Last weekend, visitors from around the world gathered in Cologne, Germany, for spoga+gafa, the world’s largest lawn, garden, and outdoor living trade fair. And the numbers show it was a popular event, with more than 36,000 attendees from more than …
Read More »
Hardware Retailing The Industry's Source for Insights and Information
