Trade Deficit Higher Than Expected in December
Washington, DC, Feb. 10, 2010--The U.S. trade deficit increased to $40.2 billion in December on rising oil imports, 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.
Armstrong Cutting Hardwood Production in Texas
Lancaster, PA, Feb. 9, 2010--In addition to previous reports of layoffs in Tennessee, Armstrong is also cutting hardwood production in Center, Texas.
Conference Board Employment Index Rises Again
New York, NY, Feb. 8, 2010--The Conference Board Employment Trends Index rose in January for the fifth consecutive month.
Pulte Homes Reports Smaller Quarterly Loss
Bloomfield Hills, MI, Feb. 9, 2010--Pulte Homes reported a fourth quarter net loss of of $117 million, despite an increase in homebuilding revenues.
Cork Industry To Begin Public Relations Blitz
Santa Maria de Lamas, Portugal, Feb. 9, 2010--The cork industry is preparing a 20 million euro advertising campaign using cork's 'scientific background' to convince the public of its benefits, according to decanter.com.
Green River Names National Sales Director
Oswego, NY, Feb. 9, 2010--Green River American Hardwood has promoted Scott Burega to national director of sales and marketing.
NFIB Says Businesses Still Lacking Customers
Washington, DC, Feb. 9, 2010--Small business sentiment improved slightly in January, according to a report released by the National Federation of Independent Business on Tuesday.
Wholesale Inventories Declined in December
Washington, DC, Feb. 9, 2010--The Commerce Department said wholesale inventories in December registered an unexpected decrease.
Improving Housing Market Spurs Home Depot Upgrade
Atlanta, GA, Feb. 8, 2010--The improving housing market has prompted Morgan Stanley to upgrade Home Depot from Equal-Weight to Overweight.
Mohawk Trademarks Tile Printing Process
Dalton, GA, Feb. 8, 2010--Mohawk has trademarked its digital imaging technology for ceramic tile.