Small Business Optimism Climbs - 5/9/2012
fter taking a dip in March, the Index of Small Business Optimism gained 2 points in April, settling at 94.5. The reading is the highest since December 2007. While March did not post strong job creation numbers, labor market indicators did improve, suggesting better job growth in the next few months.
Among the owners surveyed, most remain very satisfied with current inventory holdings. However, owners indicated that they do not plan on adding, consistent with a small deterioration in their expectations for real sales gains in the coming months. The percent of owners reporting positive sales trends quarter on quarter reached the highest level seen since April 2006. This was a major contributing factor to the huge improvement in reported profit trends, an 11 point gain and equal to half the improvement of the Index.
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Welders will connect two, 80-foot lengths of rail by a thermite welding process that superheats aluminum, iron oxide and alloy elements to produce molten steel and permanently join the rails.
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Peter McCausland sells 1.2 million shares of Airgas common stock in privately negotiated overnight block trade.
|11/27/2012||New Gas Process for Controlled Ripening ...more | comments |
Researchers set to revolutionize fresh fruit industry with new technology that converts ethylene gas into a powder form.
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Report indicates slow and modest growth.
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David Speer, ITW chairman and CEO, dies after illness. Scott Santi named successor.
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Wellness program improves worker health.
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Company buys alloy maker and expands product line.
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Air Products to build LNG plant in Florida.
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Should we be wasting our dwindling supply of helium on floating cartoon characters?
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Lincoln acquires shape cutting and engineered systems businesses.