Consumer Sentiment Up More Than Expected
Ann Arbor, MI, Aug. 28, 2009--Consumer sentiment improved in late August but remained below levels reached in July, according to the Reuters/University of Michigan index.
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.
Non-Residential Construction May Have Bottomed
Raleigh, NC, Aug. 28, 2009---Construction management and consulting firm FMI reported last week that its third-quarter Nonresidential Construction Index is essentially unchanged from second quarter's 45.
Analyst Upgrades Armstrong Shares to 'Buy'
New York, NY, Aug. 28, 2009--An analyst for SunTrust Robinson Humphrey upgraded Armstrong World Industries Inc. Friday, saying its shares are cheap, its debt is shrinking and its dominant market share positions it for a big post-recession rebound.
Shaw's Epic Hardwood Certified Cradle to Cradle
Dalton, GA, Aug. 28, 2009--Epic hardwood, Shaw's engineered hardwood brand manufactured in Tennessee, has received Cradle to Cradle Silver certification from McDonough Braungart Design Chemistry.
Incomes Flat, Consumer Spending Up in July
Washington, DC, Aug. 28, 2009--Personal incomes in the U.S. were unchanged in July as the impact of federal stimulus payments waned and wages rose for the first time in a year, the Commerce Department reported Friday.
Beaulieu Canada Names Coveney Regional Director
Acton Vale, Quebec, Canada, Aug. 28, 2009--Canadian rug and carpet manufacturer and distributor Beaulieu Canada Co. has appointed Robert Coveney to regional director of residential sales for Quebec.
Mohawk's Everstrand Chosen for Daytime Emmy Show
Dalton, Ga, Aug. 28, 2009--Mohawk’s EverStrand carpet was selected as the “red carpet” for the Daytime Emmy awards ceremony on Aug. 30.
Oscoda Plastics Updates Protect-All Website
Oscoda, MI, Aug. 28, 2009--Oscoda Plastics has launched a revamped web site for its Protect-All Commercial Flooring product line.
Second GDP Estimate Better Than Expected
Washington, DC, Aug. 27, 2009--Real gross domestic product fell at a 1% annualized rate after plunging 6.4% in the first quarter, the Commerce Department reported Thursday.
Armstrong Human Resources VP Takes New Job
Lancaster, PA, Aug. 27, 2009--Armstrong's senior vice president of human resources is leaving after three years with the firm, according to Lancaster Online.