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Tag Archives: covid-breaking

April Homebuilder Confidence Falls to Historic Low

april homebuilder confidence

The National Association of Home Builders (NAHB) has released new data outlining the effect COVID-19 has had on U.S. construction crews. The latest NAHB/Wells Fargo Housing Market Index (HMI) shows builder confidence fell 42 points in April to 30. Any …

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Retail Sales Fall 8.7% in March

home improvement sales

As COVID-19 continues to impact every aspect of retail, the latest retail sales report from the U.S. Department of Commerce shows overall retail and food service sales fell 8.7 percent from Feb. 2020 to March 2020. Retail, excluding food service,  …

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6.6M People File Unemployment Claims

unemployment claims

More than 6.6 million people have filed unemployment claims in the week ending March 28, according to new data from the U.S. Department of Labor. This figure is in addition to 3.3 million people who filed unemployment claims in the …

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Navigating CARES Act Loans for Small Businesses

CARES Act Loans for Small Businesses

Signed into law March 27, the Coronavirus Aid, Relief and Economic Security (CARES) Act includes nearly $350 billion in federal assistance through a small business loan program. Offered by the Small Business Administration (SBA), the Paycheck Protection Program (PPP) aims …

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True Value Readies Paint Facility to Produce Hand Sanitizer

True Value Co. is converting parts of its Cary, Illinois, paint manufacturing facility to produce hand sanitizer amid the COVID-19 pandemic COVID-19 pandemic. True Value owns one of the largest paint manufacturing facilities in the country, producing millions of gallons …

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