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.
Washington, DC, February 1, 2008—Employers slashed 17,000 jobs in January, according to the Labor Department, while economists were expecting job growth. Jobs were cut in manufacturing, construction, and a variety of professional and business services.
Ann Arbor, MI, February 1, 2008—U.S. consumer sentiment rose less than expected in January from December, although worries persisted over the stock market and the housing slump, according to the Reuters/University of Michigan Surveys of Consumers.
Atlanta, GA, February 1, 2008--Home Depot said it will lay off about 10 percent of its employees at its corporate headquarters.
St. Louis, MO, February 1, 2008—Entrepreneur magazine has named ProSource Wholesale Floorcoverings, the largest professionals-only wholesale flooring showroom in North America, as the top floorcoverings franchise.
London, January 31, 2008--Flowcrete, the UK-based flooring company, may possibly sell be sold for £35 million, according to published reports.
Washington, DC, January 30, 2008 - As members of the National Association of Home Builders (NAHB) prepare for the launch of the NAHB National Green Building Program, they’re planning on getting educated – in droves.
Washington, DC, January 30, 2008--Consumers spent less in December than at any time in the past 15 months, the Commerce Department reported Thursday.
Washington, DC, January 31, 2008--New claims for unemployment benefits increased by a much larger-than-expected 69,000 last week to the highest level in more than two years, the Labor Department reported.
Washington, DC, January 30, 2008--The Federal Reserve on Wednesday cut a key interest rate by half a point, the second cut in a little more than a week.
Washington, DC, January 30, 2008--Despite worries over the contraction of financial markets, most U.S. real estate executives believe industry fundamentals are solid.