Hiring Likely To Slow in Second Quarter
Milwaukee, WI, March 11, 2008-- U.S. employers anticipate a decline in hiring for the second quarter, according to the latest Manpower Employment Outlook Survey.
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.
Hovnanian's Losses Double from Last Year
Red Bank, NJ, March 11, 2008--Hovnanian Enterprises Inc.'s net loss increased in the first quarter to $131 million as the company had $94 million in write-downs because of falling home prices since last summer.
UAE Sees Rising Demand for U.S. Hardwood Flooring
Dubai, United Arab Emirates, March 11, 2008--Wood imports to the UAE have grown 100 percent over the past two years and the demand for wood products has resulted in contracts worth more than $150 million during the Dubai Woodshow.
Retailer's Survey Says Majority Do DIY Projects
Kennesaw, GA, March 11, 2008—A majority of homeowners take on do it yourself projects and say it’s important to use sustainable products, according to a survey by Floor & Décor.
Interface, Tandus Win SPE Sustainability Awards
Brookfield, CT, March 11, 2008--Interface and Tandus won sustainability awards from the Plastics Environmental Division of the Society of Plastics Engineers.
Rajasthan Carpet Industry Growing 15% Annually
Rajasthan, India, March 11, 2008--The carpet industry in Rajasthan, famous for its royal carpet designs, is upbeat about its future business prospects.
Appalachian Hardwood Manufacturers Names Chair
Chattanooga, TN, March 11, 2008--Rick Armstrong of Homer Gregory Inc. in Morehead, Ken., was named the chairman of Appalachian Hardwood Manufacturers Inc. at the 2008 Annual Meeting.
Nora Systems Opens Installation Academy
Lawrence, MA, March 10, 2008--Nora Systems has opened a technical academy where installers can learn the latest industry techniques.
U.S. Wholesalers See Significant Sales Increase
Washington, DC, March 10, 2008--Sales at wholesalers in January rose at the fastest pace in nearly four years.
Talk of Large Interest Rate Cut Sends Dollar Lower
New York, NY, March 10, 2008--The dollar continues to fall against the euro and neared an eight-year low versus the yen as currency traders bet the Federal Reserve will lower interest rates by at least 75 basis points to avert a recession.