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Tag Archives: economy

The State of Unemployment

In June, 17 states had unemployment rates that were significantly lower than the total U.S. figure of 6.1 percent, 8 states and the District of Columbia had measurably higher rates, and 25 states had rates that were not appreciably different …

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NRF Adjusts Annual Economic Forecast Down

The National Retail Federation lowered its retail sales forecast for 2014 because of slow growth recorded during the first half of the year, but said sales are expected to grow significantly faster over the next five months. NRF forecasted in …

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Homebuilder Confidence Jumps in July

Home Improvement Market Downward Forecast

The National Association of Home Builders (NAHB) reported its July Housing Market Index (HMI)—also known as the “homebuilder confidence index”—rose to 53 from the June reading of 49. Economists had been expecting a less-significant increase to 50. The report was …

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Markets Improve; Mergers Heat Up

The Hardware Retailing Stock Index posted another positive close in June, buoyed by an improving housing market and gradually strengthening economic conditions. The index rose 6.71 points, or 0.55 percent, and closed at 1235.05. Advancing issues easily topped declining issues …

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June Retail Sales Up

Retail sales increased in June, which probably helped the U.S. economy rebound in the second quarter. Purchases increased 0.2 percent after a 0.5 percent advance in May that was larger than previously reported, Commerce Department figures showed today in Washington. …

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U.S. Appliance Sales Drop

Americans are buying fewer refrigerators, stoves and other household cooking appliances and that’s hurting the nation’s 95 household cooking appliance manufacturers, the U.S. Census Bureau said Tuesday. Shipments of household cooking appliances were valued at $4.3 billion in 2012, a …

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