Market for Office Space Showing Strength
New York, NY, July 6, 2011 -- There are signs that the market for office space is heating up.
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.
Pace of Job Cuts Hits 11-Year Low
Chicago, IL, July 6, 2011 -- Planned job cuts rose 11.6% to 41,432 in June, according to outplacement firm Challenger, Gray & Christmas.
Oil Prices Rise on Emerging Market Demand
New York, NY, July 6, 2011 -- Oil prices rose to near $98 a barrel Wednesday on signs of stronger demand from emerging markets.
WFCA Seeking Hall of Fame Nominees
Anaheim, CA, July 6, 2011 -- The World Floor Covering Association is accepting applications for nominations to the Floor Covering Industry Hall of Fame.
Mortgage Applications Down as Rates Rise
Washington, DC, July 6, 2011 -- Mortgage applications fell 5.2% last week as mortgage rates rose, the Mortgage Bankers Association said.
Services Sector Continues To Expand in June
Washington, DC, July 6, 2011 -- The Institute for Supply Management's services-sector index for June fell to 53.3% from 54.6% in May.
Lacey Act Case Continues Against Gibson
Washington, DC, July 6, 2011 -- The Gibson Musical Instruments company is still in hot water regarding its alleged use of illegally harvested wood from Madagascar.
Zacks Downgrades Shares of Armstrong
New York, NY, July 6, 2011 -- Zacks Investment Research downgraded shares of Armstrong World Industries from an “outperform” rating to a “neutral” rating last Friday.
Manufacturing Continues To Expand in May
Washington, DC, July 5, 2011 -- U.S. factory orders rose in May, the Commerce Department said Tuesday.
CRI's Seal of Approval Program Adds Products
Dalton, GA, July 5, 2011 -- The Carpet and Rug Institute's Seal of Approval program has grown significantly in recent weeks, adding eight solutions, 14 new vacuums and nine new systems to the program.