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Business

  • Column: Housing hoists lumber prices
    Reports showed that construction of new homes is rising from the post-recession doldrums and that sales of existing homes increased for the fourth straight month.
  • Toyota to add 300 jobs at Princeton plant
    PRINCETON, Ind. – Toyota said it will spend $100 million to boost production of the Highlander SUV at its southwest Indiana factory, with plans to add 300 workers in the next couple of years.
  • Dollar store rejects bid from rival
    Family Dollar has rejected a takeover bid from dollar store competitor Dollar General, saying it would be too hard for the deal to pass antitrust regulators.
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Week Ahead

Tuesday

•Institute for Supply Management releases its service sector index for February

Wednesday

•Commerce Department reports on factory orders for January

•Federal Reserve issues Beige Book

Thursday

•Labor Department reports on weekly jobless claims

•Commerce Department reports on international trade data for January

•Labor Department reports on fourth-quarter productivity data

•Freddie Mac, the mortgage company, reports on weekly mortgage rates

•Federal Reserve reports on consumer credit data for January

•Several chain retailers report on February sales comparisons

Friday

•Labor Department reports on employment data for February

•Commerce Department reports on wholesale trade inventories for January

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