Saturday, January 20, 2018
Business
Class 8 orders slip in May after strong April

Class 8 orders slip in May after strong April

NASHVILLE, Ind. — May Class 8 truck total net orders were down 9.8 percent decline from April, coming in at 12,903 units, according to preliminary data released by FTR Associates. Although May orders slowed from the previous month, year over year comparisons show a 74.7 percent improvement over May of 2009, FTR noted.

Tax credits fuel 6 percent rise in April home sales

Tax credits fuel 6 percent rise in April home sales

WASHINGTON — A rush of homebuyers aiming to meet a deadline to qualify for a federal tax credit pushed the number of signed sales contracts to the highest level since October.

Obama challenges Republicans to help on economy

Obama challenges Republicans to help on economy

WASHINGTON — Striking a partisan tone, President Barack Obama said Wednesday he is working to rebuild the economy without much help from Republicans, saying they have mostly “sat on the sidelines and shouted from the bleachers.”

Stoughton Trailers to add 300 jobs

Stoughton Trailers to add 300 jobs

STOUGHTON, Wis. — Stoughton Trailers says it will add more than 300 employees to its payroll by the end of the year.

Construction spending jumps 2.7 percent in April

Construction spending jumps 2.7 percent in April

WASHINGTON — Construction activity surged in April by the largest amount in nearly a decade. The unexpected gains could mean the hardest-hit sector of the economy is starting to recover.

Global Insight: economy moving ahead at pretty good pace

Global Insight: economy moving ahead at pretty good pace

IHS Global Insight reports that volatility and risk aversion were still the dominant themes in the financial markets last week with the economy continuing to perform “surprisingly well in the face of recent pressures from lower equity prices and a barrage of negative reports on the situation in Europe, including a downgrade of Spanish debt at the end of the week.”

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