Sales of newly built homes surged last month to the highest level since 2008. But overall the housing market's slipped. More
Among Coastal States, New York and Massachusetts Lead Economic Rebound More
Nail prices jumped about 30% within days of the Jan. 16 preliminary ruling by the Commerce Department on nail dumping in U.S. markets. (First reported in Tools of the Trade, Sept./Oct. 2007.) Responding to a complaint filed by five U.S. nail manufacturers and one labor union, the Commerce Department issued its ruling against the People's Republic of China and United Arab Emirates for selling nails here 'at less than fair value'–as much as 118% less in China's case. More
If you've noticed that nails suddenly cost more than they used to, you aren't alone. More
Economists trying to predict the future of the housing market were thrown a curveball with the late-November announcement that new-home sales hit a record high in October. More
Homeowner spending on remodeling ended 2004 almost 6% over 2003 levels, according to the Remodeling Activity Indicator (RAI) devised by Harvard's Joint Center for Housing Studies. More
