Business

U.S. manufacturing activity seems to be weathering the effects of the European sovereign debt crisis. The ISM index rose 1.9 points in November to 52.7, with solid gains in production, new orders and new export orders.

The November employment report showed a big drop in the unemployment rate. However, the overall pace of job growth remains constrained.

Desert Lumber has acquired the assets of A.C. Houston Lumber's Las Vegas operations. The deal marks the end of A.C. Houston's presence in the Las Vegas market.

Consumers won't be the only ones opening their wallets this holiday season. Businesses are expected to step up capital spending the next few weeks to take advantage of a tax break good through Dec. 31.

While some recent reports suggest earlier forecasts regarding the effect of the Mountain Pine Beetle could be too pessimistic, or that the BC forest industry would simply be saved due to improving U.S. and global demand for forest products with higher potential prices, recent events and new information regarding the impact of the beetle suggests otherwise.

Details surrounding the Gores Group purchase of the remaining minority interest in Stock Building Supply are revealed.

The benefits to right-to-work states and their residents are clear – jobs are created because businesses want to move to pro-business states and workers have the freedom to choose whether they want to join a union.

The Combustible Dust Safety Rule rulemaking process has been ongoing for over two years. The proposed rule is scheduled to move to a Small Business Regulatory Enforcement Fairness Act (SBREFA) panel review in December of 2011.

These days, local homebuilders are trying to work through federal safety regulations that they say will cost them, home buyers, roofers and subcontractors a lot of money.

The consensus on Beazer's 4Q financials appears to be that downside markers need to stay in place because, although they've been masterful at restructuring its debt and shedding financial and legal encumbrances that could have knocked it for a loop.