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Sear’s Helps Customers Run Homes from Smart Devices

Sears recently introduced  Connected Solutions, experiential shops that bring together assortments of smart, connected home and personal automation products. For example, a customer could program his garage door opener to be notified by text when the door is open and closed. Could …

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Consumer Spending in U.S. Unexpectedly Declines

American shoppers dialed it back in April after spending at the fastest pace in almost five years. Household purchases unexpectedly fell 0.1 percent, the first decrease in a year, after a 1 percent gain the prior month that was the …

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Small Businesses’ Effect on the U.S. Economy

The importance of small business to job creation and to the U.S. economy has been the focus of economists and policy makers alike for several decades. But defining or measuring what constitutes or defines a small business is quite challenging, …

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Manufacturing Expands at a Slower Rate

Economic activity in the manufacturing sector expanded in May for the 12th consecutive month, and the overall economy grew for the 60th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM Report on Business. To find out …

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New Home Loan Rates Remain Stable

The average characteristics of conventional mortgages used to buy newly built homes were little changed in April, according to data released earlier today by the Federal Housing Finance Agency (FHFA).  The average contract interest rate declined a scant 2 basis points to 4.19 percent, while …

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