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.
Chattanooga, TN, May 1, 2008--Terry Wheat, a pioneering retailer and entrepreneur in two connected but very different ventures was inducted last night into the World Floor Covering Association (WFCA) Flooring Industry Hall of Fame.
Cincinnati, OH, May 2, 2008--The former owner and the in-house counsel of Ohio-based Buddy's Carpet were convicted of tax fraud.
Washington, DC, May 1, 2008--Initial jobless claims for state unemployment benefits surged 35,000 to 380,000 in the week ending April 26, the Labor Department said Thursday.
Washington, DC, May 1, 2008--U.S. construction spending fell 1.1 percent in March after February was revised higher, a Commerce Department report showed on Thursday. Private home building suffered a record decline.
LaGrange, GA, May 1, 2008--Joyce LaValle has been named senior vice president of marketing for InterfaceFLOR.
Washington, DC, May 1, 2008 - The mortgage credit crunch has spilled over into the housing production loan market, threatening to prolong the current housing downturn.
Chicago, IL, May 1, 2008--Planned layoffs in the U.S. jumped 68 percent in April from the prior month to the highest since September 2006, according to consulting firm Challenger, Gray & Christmas Inc.
Washington, DC, May 1, 2008--Soaring prices for food and energy pushed up consumer spending to a faster pace than expected last month.
Dallas, TX, April 30, 2008-- Homebuilder Centex Corporation reported a $7.34 per share loss from continuing operations for its fourth quarter ended March 31, and a $21.74 loss per share for its fiscal year.
Tehran, Iran, May 1, 2008--Carpet exports from March 21, 2007 to March 20, 2008 fell by 12 percent compared to the year before, Head of Iran’s National Carpet Center Morteza Faraji said on Wednesday.