Growth in Services Sector Slows in December
Washington, DC, Jan. 6, 2013 -- Growth in the services sector of the economy slowed in December, according to the Institute for Supply Management.
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.
Tarkett Completes IPO, Shares Trading in Europe
Paris, France, Jan. 3, 2014 -- Tarkett completed its initial public stock offering and shares debuted Nov. 22 at a price of 29 euros per share.
Intertech Names VP of Operations in Dallas
Austin, TX, Jan. 3, 2014 -- Intertech Commercial Flooring has named James Tyrone as vice president of operations in the Dallas/Fort Worth division.
'Green Sheep' To Be Launched at Surfaces
London, England, Jan. 3, 2014 -- A new brand for wool called the Green Sheep will be launched at the International Surface Event 2014, according to the British Wool Marketing Board.
Manufacturing Continues Expanding in December
Washington, DC, Jan. 2, 2014 -- Manufacturing expanded at a slightly slower pace in December compared to the prior month, according to the Institute for Supply Management index.
Construction Spending Near Five-Year High
Washington, DC, Jan. 2, 2014 -- U.S. construction spending in November was near a five-year high, according to the Commerce Department.
Initial Jobless Claims Edge Down
Washington, DC, Jan. 2, 2014 -- Initial applications for unemployment benefits declined last week to the lowest level in a month, according to the Labor Department.
Class Action Suit Filed Against Tile Shop
New York, NY, Jan. 2, 2014 -- A class action lawsuit has been filed against Tile Shop Holdings for the allegedly overstating its earnings, leading to an inflation of its stock price.
Industry Rebound is Top Story of 2013
Chattanooga, TN, Dec. 31, 2013 -- Broadly speaking, our biggest story of 2013 is the flooring industry began a sustained turnaround.
Home Price Increases Slow in October
New York, NY, Dec. 31, 2013 -- Home prices in most U.S. cities increased at a slower pace in October, according to the Standard & Poor's/Case-Shiller 20-city home price index.