Construction Spending Picks Up in April
Washington, DC, June 1, 2011 -- Construction spending increased in April, rising 0.4% to $765 billion, the Commerce Department reported Wednesday.
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.
House Price Declines Spread to Healthier Areas
Washington, DC, June 1, 2011 -- Housing price declines are hitting cities that for the most part have weathered the housing crisis with relatively little damage, according to an Associated Press report.
Planned Job Cuts Decline from Last Year
Chicago, IL, June 1, 2011 -- U.S. employers announced fewer job cuts in May than a year ago, according to outplacement firm Challenger, Gray & Christmas.
Demboski Named Mohawk VP of Creative Services
Dalton, GA, June 1, 2011 -- Mohawk has named long-time flooring marketer and communications expert Elise Demboski as its new vice president of creative services.
Low Consumer Confidence Hurting Topps' Sales
London, England, June 1, 2011 -- Subdued consumer confidence is hurting sales at Topps Tiles, the tile and wood flooring specialist revealed on Wednesday, according to a Financial Times story.
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.
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.