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Tag Archives: economy

Small Businesses Are the Essential Economy

Small Business Economy

Small businesses are often called the backbone of the American economy, but never has that truth been clearer than during this pandemic. In addition to sickening millions of people, the outbreak abruptly crippled much of the global economy. The downturn …

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How Mans Lumber Found Silver Linings in Trying Times

Mans Lumber and Millwork

To reach 120 years of service, Mans Lumber and Millwork president Doug Mans says you have to be able to adapt to changing circumstances, even if it means making difficult decisions in moments of crisis. The family business began as …

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Poster: Why Home Improvement Is Essential

home improvement is essential

Across North America, local governments are declaring home improvement operations and their employees essential amid the COVID-19 crisis. As a valued member of the home improvement industry, you know the products you sell, the services you offer and the community …

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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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What the $2T CARES Act Means for Your Small Business

covid-19 stimulus package

Amid economic upset resulting from the COVID-19 pandemic, the U.S. has passed a $2 trillion economic stimulus package meant to bring relief to individuals and businesses, The New York Times reports. The $2 trillion aid package was signed into law …

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Unemployment Claims Rise to 3.3M in Wake of COVID-19

unemployment claims

Jobless claims in the U.S. rose to 3.3 million for the week ending March 21, CNN reports. This figure represents the highest number of initial jobless claims in history since the Department of Labor started recording the number in 1967. …

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COVID-19 Economic Stimulus Package Nears Passage

covid-19 economic stimulus

Amid economic instability caused by the COVID-19 pandemic, the U.S. Congress is poised to vote on a $2 trillion stimulus package. According to The New York Times, the bill provides $150 billion to assist state and local governments in their …

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Buying Specials Boost House-Hasson October Market Sales, Participation

New attendees, retailers taking greater advantage of buying specials, an increased number of vendors and a strong economy contributed to the best fall market in company history, says House-Hasson Hardware president Don Hasson. “We’ve taken a hard look at the …

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