Business Economists See Improving Economy
Washington, DC, July 11, 2014 -- Business economists have lowered their expectations for second quarter growth but don't believe a recession will occur anytime soon.
Today's Flooring News
Keep up to date with the most recent news in the flooring industry. Today's News...As it happens! We update this news several times a day so you can stay connected.
Buchanan Hardwoods Gets NWFA Certification
St. Louis, MO, July 11, 2014 -- The National Wood Flooring Association said that Buchanan Hardwoods, of Aliceville, Alabama, has earned the NWFA/NOFMA Mill Certification for its Elite Flooring.
Metroflor's Aspecta Wins Award
Norwalk, CT, July 11 -- Metroflor said that its new LVT contract brand, Aspecta, was acknowledged by the Product Innovations 2014 awards bestowed by Buildings magazine to a group of 30 finalists exclusive to NeoCon exhibitors.
Previous Record Low Rates Hurting Home Sales
New York, NY, July 11, 2014 -- Low interest rates are keeping some people from selling their homes, which is limiting supply and putting a damper on the housing recovery.
Lumber Liquidators Lowers Forecast, Stock Plunges
New York, NY, July 10, 2014 -- Shares of Lumber Liquidators fell as much as 15% in after-hours trading on Wednesday after the company lowered guidance for the full year 2014.
Congoleum Closing New Jersey Warehouse
Hamilton Township, NJ, July 10, 2014 -- The Congoleum flooring warehouse here will cease operations later this year.
McGrane Named Executive VP at Max Windsor
Adairsville, GA, July 10, 2014 -- Joshua McGrane ?has been named executive vice president? of ?Max Windsor USA.
Initial Jobless Claims Beat Expectations
Washington, DC, July 10, 2014 -- Initial claims for unemployment benefits fell 3.5% to 304,000 for the week ending July 5, according to the Labor Department.
Dixie Group Added to Russell Stock Indexes
Chattanooga, TN, July 10, 2014 -- The Dixie Group said it was added to the Russell 3000 Index and Russell 2000 Index when Russell Investments reconstituted its comprehensive set of U.S. and global equity indexes on June 27.
Tile of Spain Seeking Design Contest Entries
Madrid, Spain, July 10, 2014 -- The 13th Tile of Spain Awards of Architecture and Interior Design is seeking entries.