Potential Home Buyers Growing Reluctant
Washington, DC, April 14, 2008—More potential home buyers are staying out of the market, according to a poll by the Associated Press and AOL Money and Finance.
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 Confidence Hits New Low, Again
Washington, DC, April 11, 2008--Confidence in the economy fell to a new low for the early part of April.
Pessimism Grows Among Small Company CEOs
Chicago, IL, April 12, 2008 -- A poll of private-company CEOs conducted by the Entrex Private Company Index (PCI) reveals that gloominess is at a high, partly because they believe financial resources will be tighter this year.
WFCA Leads Lifting of Tariff on Imported Bamboo
Anaheim, CA, April 11, 2008 –The World Floor Covering Association has led the way to a repeal of a costly tariff on imported horizontal bamboo flooring. Steps are also underway to reinstate duty-free treatment on vertical bamboo flooring.
Cikel Begins Quick Ship Program for Exotics
Miami, FL, April 14, 2008--Cikel America LLC, the North American subsidiary of one the world's largest vertically integrated forest products manufacturers, is offering a quick ship program for its exotic wood flooring products.
Carpet One Hosting Green Day Events
Manchester, N.H., April 14, 2008--Carpet One Floor & Home stores throughout North America are hosting events on National Green Select Day, Saturday, April 19 to make their environments cleaner, healthier, and more beautiful.
Business Executives More Upbeat Than Consumers
Washington, DC, April 11, 2008—Business leaders see flat expectations for sales, capital expenditures and employment over the next six months.
Consumer Sentiment Plummets
Ann Arbor, MI, April 11, 2008—Consumer sentiment fell to a 16-year low this month, according to the Reuters/University of Michigan preliminary index of consumer sentiment.
Välinge Signs Three License Agreements
Viken, Sweden, April 11, 2008--Välinge has signed license agreements with Baroque Timber Industries Ltd, Timber Industries (Tianjin) Co. Ltd and Baishan Huafeng Wooden Product Co. Ltd.
Study Shows Poor Economy Hitting Middle Class
Washington, DC, April 10, 2008-- Middle-class Americans are being weighed down by economic pressures amid growing personal debt, a study released Wednesday by the Pew Research Center found.