Private Job Growth Weaker Than Expected
Roseland, NJ, June 1, 2011 -- Private job growth slowed sharply in May, according to Automatic Data Processing Inc.’s employment report.
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.
Mortgage Applications Fall Even as Rates Decline
Washington, DC, June 1, 2011 -- Applications for U.S. home mortgages fell last week as refinancing declined, according to the Mortgage Bankers Association.
Manufacturers Optimistic Despite Lower Activity
Washington, DC, June 1 2011 -- A number of economic reports last week continued to show declines in manufacturing activity, although manufacturers remain largely positive about their prospects.
Quick-Step Begins Facebook 'Refresh' Contest
Dallas, TX, June 1, 2011 -– Quick-Step flooring and interior designer/style expert Erinn Valencich will host a national “Room Refresh” contest on Quick-Step’s Facebook page through July 31.
Consumer Confidence Falls Unexpectedly in May
New York, NY, May 31, 2011 -- U.S. consumer confidence declined in May as consumers turned more pessimistic on the outlook for the labor market and inflation, according to the Conference Board.
Home Prices Continue To Fall in March
New York, NY, May 31, 2011 -- Home prices have reached their lowest point since 2006, due to foreclosures and a big inventory of unsold homes.
InterfaceFlor Opens Fifth Showroom in India
Delhi, India, May 31, 2011 -- InterfaceFlor is opening a new combined office and showroom in Delhi.
Valinge Signs Vietnamese Bamboo Firm
Viken, Sweden, May 31, 2011 -- Välinge said it has signed a license agreement with a Vietnamese flooring producer Artex Tien Dong Co. for use of its glue free mechanical locking systems.
Oil Prices Rise on Weaker Dollar
New York, NY, May 31, 2011 -- Oil prices rose above $102 a barrel Tuesday the U.S. dollar weakened and traders worried about turmoil in Libya and the Middle East.
Chicago PMI Falls More Than Expected
Chicago, IL, May 31, 2011 -- The Chicago PMI fell sharply to a reading of 56.6% in May from April's 67.6%.