Last-Minute Shoppers Push Retail Sales Higher
New York, NY, Dec. 29, 2009--Last-minute holiday shoppers helped chain-store sales move higher for the week ended Dec. 26.
Today's Flooring News
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Stimulus Bond Program Proving Popular
Washington, DC, Dec. 29, 2009--Build America Bonds, which are being used to fund all kinds of municipal and school building projects, may double to $130 billion in 2010.
FXI Foamex Plant Hits Safety Milestone
Cornelius, NC, Dec. 29, 2009--FXI Foamex Innovations' foam plant here has set a safety record, going more than a year without an OSHA recordable incident.
Home Prices Unchanged in October Index
New York, NY, Dec. 29, 2009--Home prices were unchanged in October after five straight monthly increases, according to Standard & Poor's/Case-Shiller indexes on Tuesday.
Holiday Retail Sales Higher Than Last Year
Purchase, NY, Dec. 28, 2009--U.S. retail sales were up an estimated 3.6 percent during the holiday season from a year earlier, according to MasterCard Advisors’ SpendingPulse.
Economist Predicts 3.5% Growth Next Year
New York, NY, Dec. 28, 2009--A prominent economist believes the U.S. economy will expand 3.5% in 2010.
Oil Prices Headed Back Toward $80
New York, NY, Dec. 28, 2009--Crude oil prices held near $78 a barrel Monday in Asia ahead of inventory figures later in the week that could send it through the $80 mark.
November New Home Sales Down Unexpectedly
Washington, DC, Dec. 23, 2009--New Home sales unexpectedly fell in November, indicating a housing recovery may be slow to develop.
Retail Federation Objects to Health Reform Bill
Washington, DC, Dec. 23, 2009 – The National Retail Federation said the healthcare bill will hurt retailers.
J&J CEO Bethel Retiring at End of Year
Dalton, GA, Dec. 22, 2009--After 30 years of service to J&J Industries, CEO Jim Bethel will retire at the end of the year.