Distributor News

Spending Bill Would Hide Consumer Safety Risks, Money in Politics
June 20, 2011

Consumer product safety risks would be concealed and influence peddling in government contracting would remain out of public view under the provisions of the fiscal year 2012 spending bill approved today by the House Financial Services and General Government appropriations subcommittee.

The bill would prohibit the Consumer Product Safety Commission (CPSC) from expending funds on its consumer product safety database. Congress required CPSC to establish the database in the Consumer Product Safety Improvement Act of 2008, in response to a string of high-profile product recalls. The bill passed both houses with overwhelming support and was signed into law by President Bush.

A Slowdown for Small Businesses
June 17, 2011

In the latest sign that the economic recovery may have lost whatever modest oomph it had, more small businesses say that they are planning to shrink their payrolls than say they want to expand them.

That is according to a new report released Tuesday by the National Federation of Independent Business, a trade group that regularly surveys its membership of small businesses across America.

The federation's report for May showed the worst hiring prospects in eight months. The finding provides a glimpse into the pessimism of the nation's small firms as they put together their budgets for the coming season.

Confidence Is Eroding Among U.S. Factories, Consumers, Economic Data Show
June 17, 2011

Manufacturing in the Philadelphia region unexpectedly contracted in June and Americans' views on the economy's outlook soured, signaling an erosion of confidence in the expansion.

The Federal Reserve Bank of Philadelphia's general economic index fell to minus 7.7, the lowest since July 2009, from 3.9 the prior month. Readings less than zero signal contraction. The Bloomberg gauge of economic expectations slumped to minus 31 this month, the weakest since March 2009, from minus 16.

Postal Service Defends Five-Day Delivery Schedule and Cost Savings
June 16, 2011

In a report delivered to Congress, the U.S. Postal Service asserted that the Postal Regulatory Commission (PRC) based a recent advisory opinion on a questionable analysis of the potential cost savings that could be achieved by implementing a five-day delivery schedule to street addresses.

Jetline Now Offering In-House Laser Engraving
June 16, 2011

Jetline today announced that it is now offering in-house laser engraving on many best-selling items including its popular line of Mini Metal Carabiner Flashlights.