Archive for August, 2010

Shelly’s Great, Great Tailgate Event

Monday, August 30th, 2010

Date: Saturday, September 11
Time: 10AM–2PM

• FREE PIT BBQ & Beverages
• FREE “Tailgate” aprons to the first 150 tailgaters
• Enter to win a 42″ Big Screen TV*
• Money Saving Specials

Click here for more information and then click here to register.

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Fed Says Banks Lending More to Small Business

Tuesday, August 17th, 2010

According to a report from Big Builder OnLine citing an AP report, the Federal Reserve has reported larger banks are beginning to lend more to smaller businesses. According to the article, the Fed survey indicated this is the first report of easing lending standards in about four years. The Fed defines a small business as one with less than annual sales of 50 million dollars.

In addition to the eased standards in Small Business lending, some banks reported in the quarterly survey done in late July by the Fed that they have also found some larger banks have also eased standards for some types of Consumer loans, including installment loans.

The Fed chairman Ben Bernanke indicated making credit available to sound small business was crucial in the economic recovery. 

This news can only be good for the construction industry and home improvement companies  and their customers, as they begin to ramp up for what is expected to be a better 2011.

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Remodeling Activity to Pick Up.

Monday, August 2nd, 2010

According to a recent report released by the Joint Center for Housing Studies at Harvard University, remodeling activity will pick up in the fourth quarter of 2010 and into 2011.

The center’s Leading Indicator of Remodeling Activity (LIRA) suggests that homeowner improvements and spending should be about 5% higher in 2010 than in 2009. The center is also predicting over a 10% improvement for 2011 from 2010.

Check with us for fantastic savings opportunities, on remodeling project materials from kitchen and bath cabinetry to decking, doors, windows and more. We are the one place where you can get all the products you or your customers want, all at competitive prices and great service. Stop by any store today for more…. 

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