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Market Watch
Dec 8 - 23, 2005
When Home Remodeling Pays Off
WASHINGTON, D.C., Dec 23, 2005/ MF / - This period of historically low interest rates and appreciating house values has prompted many homeowners to use cash-out refinancing or home equity loans to fund remodeling and home improvement projects.
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Number of Affluent Households Rise 19% According to Phoenix Affluent Marketing Service
DALLAS, Dec 20, 2005/ FW/ --- Two hurricanes and rising gas prices did not seem to affect the wealthy, as the number of affluent households in the U.S. was pegged at approximately 23.6 million, a 19% increase from last year, according to a survey released today by the Phoenix Marketing International’s Affluent Marketing Service.
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Counterfeit Lacoste Goods Seized in Multiple Puerto Rico Raids
DALLAS, Dec 16, 2005/ FW/ --- Counterfeiters beware! 27 suspected traffickers of counterfeit Lacoste merchandise had been caught and charged in Puerto Rico after a police raid in the territory wherein more than $1 million worth of fake Lacoste merchandise was seized.
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Strong November Sales Surpass Holiday Expectations According to NRF
WASHINGTON, DC, Dec 14, 2005/ — Consumers started their holiday shopping with a bang, responding well to retailers’ aggressive promotions. According to the National Retail Federation (NRF), retail industry sales for November rose a strong 7.4 % unadjusted over last year and increased 0.5 percent seasonally adjusted from the previous month.
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Online Shopping Grows 33% Over Last Year; Jewelry and Apparel Post 81% and 43% Increase, Respectively
DALLAS, Dec 13, 2005/ FW/ --- The holiday shopping season is just six weeks old, but online retailers are already enjoying a 33% year-over-year increase in the total number of online shopping trips during the week ending Dec 4, according to Nielsen//NetRatings Holiday eShopping Index.
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