FOX Translator
No data currently available.
No data currently available.
TITLE
Durable goods are just that: hard goods; they don't wear out quickly and can be used over and over again for at least several years. Think your car, TV, refrigerator or computer. These are certainly not disposable, one-time use items.
The opposite of a hard good is (surprise!) a soft good or, if you like, a non-durable good. These are products you use once, like your lunch at McDonald's, the gas in your car and the ugly sweater your grandmother bought you for your birthday. These items have an intended lifespan short of three years, or are consumed immediately.
Investors pay attention to the monthly durable orders report released by the Commerce Department around the end of each month. When durable goods are strong, it means that U.S. manufacturing is humming along, though economists tend to parse the numbers pretty closely. Big-ticket items can skew the overall results, since an order for, say, 75 Boeing 747s has a bigger impact than 75 iPods. Luckily, the data lets economists break down the sectors.
Home / Markets / Industries / Media
Friday, May 09, 2008
Two Weeks Left to Apply for SBA Physical Damage Assistance
Comtex
ATLANTA, May 9, 2008 /PRNewswire via COMTEX News Network/ ----ATLANTA, May 9 /PRNewswire-USNewswire/ -- The U.S. Small Business Administration reminds homeowners, renters, non-profit organizations and businesses that only two weeks remain to apply for SBA disaster assistance for Physical damage caused by the severe storms and flooding March 7, 2008. The deadline to file an application for physical damage is May 27, 2008.
Homeowners, renters, non-profit organizations and businesses in the primary county of Columbia and contiguous counties of Alachua, Baker, Gilchrist, Hamilton, Suwannee, and Union in the State of Florida; and contiguous counties of Clinch and Echols in the State of Georgia are eligible to apply to SBA.
SBA offers loans up to $200,000 to repair disaster damaged primary residences. Homeowners and renters are eligible for loans up to $40,000 to replace personal property such as furniture, appliances and clothing. Loans to businesses of all sizes and non-profit organizations are available up to $1.5 million to repair damage to real estate, machinery, inventory and equipment. Economic Injury Disaster Loans (EIDLs) are also available to small businesses unable to pay bills or meet operating expenses because of the disaster.
Interest rates are as low as 2.750 percent for homeowners and renters and 4.000 percent for businesses with terms up to 30 years. Loan amounts and terms are set by SBA and are based upon each applicant's financial condition.
Disaster victims may obtain an application by calling the SBA's Customer Service Center at 1-800-659-2955 (1-800-877-8339 for the hearing-impaired), Monday through Friday from 8 a.m. to 8 p.m. EDT. Business loan applications can also be downloaded from the SBA website at http://www.sba.gov. Completed applications should be mailed to: U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX. 76155.
The filing deadline to return applications for physical damage is May 27, 2008. The deadline to return economic injury applications is December 26, 2008.
For more information about the SBA's Disaster Loan Programs, visit our website at www.sba.gov.
SOURCE U.S. Small Business Administration
http://www.sba.gov
Copyright (C) 2008 PR Newswire. All rights reserved
Market Snapshot
| Symbol | Last Price | Netchange | Volume |
|---|---|---|---|
| -- | -- | -- | -- |
| -- | -- | -- | -- |
| -- | -- | -- | -- |
| -- | -- | -- | -- |
| -- | -- | -- | -- |
