Deficit Reduction Lower Priority for Economists
Washington, DC, Aug. 30, 2010--Business economists see more benefit in policies to promote economic growth than in policies to shrink the deficit.
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.
Consumer Sentiment Up From July
Ann Arbor, MI, Aug. 27, 2010--U.S. consumer sentiment in late August improved from late July, according to Thomson Reuters/University of Michigan's Surveys of Consumers.
Carpet Designers To Be Honored at Domotex
Hannover. Germany, Aug. 27, 2010-- Top designers of handmade carpets will be honored at Domotex Hannover, world's leading trade fair for the flooring sector, next Jan. 15-18.
Commercial Real Estate Market Offering Incentives
Washington, DC, Aug. 26, 2010 -- Commercial real estate sectors, hurt by weak job growth, are offering incentives in many areas that are conducive to business expansion, according to the National Association of Realtors.
Economic Growth in Second Quarter Revised Down
Washington, DC, Aug. 27, 2010-- Economic slowed to 1.6% in the second quarter, the Commerce Department said Friday, and the downward revision was less than expected.
Lees Carpet, POWERleap on Display at Teen Choice
Marietta, GA, Aug. 27, 2010--POWERleap, a firm that has technology to generate electricity from foot traffic, showed off its technology at the Teen Choice Awards.
Bernanke Says He's Ready To Take Further Steps
Jackson Hole, WY, Aug. 27, 2010--Federal Reserve Chairman Ben Bernanke said he's ready if necessary to take unconventional steps to support an economic recovery.
New Rules Forcing Credit Card Rates Higher
New York, NY, Aug. 27, 2010--While interest rates continue to fall for home buyers, interest rates for credit cards are moving higher, according to a story in the Wall Street Journal.
Irish Tile Manufacturer Expanding
Belfast, Ireland, Aug. 27, 2010-- An Irish tile maker is hoping to boost sales by $775,000 over the next two years as it lays out a major expansion program.
Initial Jobless Claims Fall More Than Expected
Washington, DC, Aug. 26, 2010--Initial jobless claims for unemployment benefits fell 31,000 to 473,000 in the latest week, the first decline in a month, according to data from the Labor Department.