Economy Creates 166,000 Jobs in October
Washington, DC, November 2, 2007—The economy produced 166,000 jobs in October, according to the Labor Department, for the best showing in the jobs measure since May.
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.
iFloor Launches $1M Warranty
Tukwila, WA, November 2, 2007--iFloor today announced a $1,000,000 limited warranty designed to protect its customers when they purchase products online.
Contractworld 2008 to Feature U.S.Speakers
Hannover, Germany, October 31, 2007-- As the premier international gathering for architects and interior designers in Europe,contractworld is being further refined for next year’s Domotex Hannover.
Fed Cuts Rates By a Quarter Point
Washington, DC, October 31, 2007--The Federal Reserve cut interest rates but said the risk of inflation was roughly equal to downside risks to growth, suggesting further rate reductions are far from a sure bet.
Solutia Receives Commitment for $2B Exit Financing
St. Louis, MO, October 31, 2007--Solutia Inc. said it has received a fully underwritten commitment for $2 billion of exit financing.
Manufacturing Expansion Slows, Lowest Since March
Tempe, AZ, November 1, 2007--Economic activity in the manufacturing sector expanded in October for the ninth consecutive month, while the overall economy grew for the 72nd consecutive month.
Monster Employment Index Edges Up
New York, NY, November 1, 2007--The Monster Employment Index edged up two points in September, driven largely by stepped-up recruitment for white-collar and military occupations.
Online Advertised Job Vacancies Dip
New York, NY, November 1, 2007--In October there were 4,161,700 online advertised vacancies, a decrease of 108,300 or 2.5% percent from the September level, according to The Conference Board Help-Wanted OnLine Data Series.
Travis Re-elected IICRC President
Vancouver, WA, November 1, 2007--The Institute of Inspection, Cleaning and Restoration Certification elected the 2008 IICRC Executive Committee during its board of directors’ meeting on October 19-21 in Vancouver, Washington
Hoboken Closes, Terminates 120
Wayne, NJ, November 1, 2007--About 120 people were fired this week from Hoboken Wood Flooring LLC, the country's largest independent distributor of hard-surface flooring.