Third Quarter GDP Revised Down
Washington, DC, Nov. 24, 2009--Third quarter Gross Domestic Product was revised down, the government said Tuesday.
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.
Chain Store Sales Higher Than Last Year
New York, NY, Nov. 24, 2009--Chain-store sales for the week ended Nov. 21 rose 3.3% from the year-earlier period, according to the International Council of Shopping Centers and Goldman Sachs.
Existing Home Sales Surge in October
Washington, DC, Nov. 23, 2009--Driven by the first-time buyer tax credit, existing-home sales showed another big gain in October, according to the National Association of Realtors.
NABE: Deficit Trumps Unemployment as Top Worry
Washington, DC, Nov. 23, 2009--The November outlook by the National Association for Business Economics shows economists expect net employment losses to bottom out in the first quarter of next year.
Alliance Responds to Gibson's Lacey Troubles
New York, NY, Nov. 23, 2009--The Rainforest Alliance issued a statement after a Gibson guitar plant in Nashville, Tenn. came under investigation for possible violation of the Lacey Act
Yekalon Claims Patent Win Over Unilin
Shenzhen, China, Nov. 23, 2009--Yekalon Industry Inc. said it has successfully defended a Unilin lawsuit over its interlocking technology for laminate and wood flooring.
Tandus Using Windshield Waste in Tile Backing
Dalton, GA, Nov. 23, 2009--Tandus now has a modular carpet backing that uses industrial waste from the manufacture of car windshields and safety glass.
NCTA Honors Three Manufacturer Members
Jackson, MS, Nov. 23, 2009--The National Tile Contractors Association presented awards to three of its manufacturer members.
Analyst Reaffirms Rating on Lumber Liquidators
New York, NY, Nov. 23, 2009--KeyBanc Capital analyst Bradley Thomas reaffirmed his “buy” rating for Lumber Liquidators.
Oriental Weavers Developing Value Product Line
Dalton, GA, Nov. 20, 2009--Oriental Weavers recently has named Stuart McBrayer to the newly created position of vice president of national accounts and specialty products.