Personal Income Up 0.7%, Spending Up 0.2%
Washington, DC, May 27--Personal income rose 0.7% in April, while consumer spending rose 0.6%, according to the Commerce Department.
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.
Federated and May Say No Job Cuts Before March
St. Louis MO, May 27--May Department Stores and its expected acquirer Federated Department Stores released a joint letter Thursday to employees, saying the companies won't lay off any workers or eliminate any jobs related to their planned deal before
Belgium’s Associated Weavers to Post 1st Half Loss
Ronse, Belgium, May 27--Associated Weavers International, leading producer of tufted and woven carpet, will not be able to conclude the first half of 2005 with a profit.
Tarkett Launches New Consumer Web Site
Whitehall, PA, May 27--Tarkett has unveiled its newly designed consumer Web site, www.tarkettna.com, offering consumers dynamic imaging with detailed information on all products offered from Tarkett including Sheet Vinyl, FiberFloor, Laminate, Wood and Lu
Torlys Launches Laminate Line in Canada
Mississauga, Ontario, May 27—-Torlys has launched in Canada enhancements to its Steps Perspective4 line of floors and two new, innovative lines of Steps Laminate floors with a first-in-the-world Natural Authentic surface that creates an unparalleled appea
Consumer Sentiment Up
Ann Arbor, MI, May 27--Consumer sentiment, according to the University of Michigan’s consumer sentiment index, rose in late May.
Eliane Introduces Assiria Series
Carrollton, TX, May 27--With ornamental designs and classic marble shading, Eliane – a top firm specializing in the production of porcelain and ceramic tile - is introducing its ceramic Assiria Series as a timeless floor and wall design element.
Home Depot Shareholders OK Severance Plan
Atlanta, GA, May 27--Shareholders of Home Depot approved a proposal Thursday that requires the company to get shareholder permission to give departing executives severance packages over a certain amount.
Q1 GDP Revised Up to 3.5%
Washington, DC, May 26--The economy grew at a 3.5% annual rate in the first quarter, up from the 3.1% rate estimated a month ago, according to the Commerce Department.
Asbestos Bill Expected to be Sent to Full Senate T
Washington, DC, May 26--Sponsors of the asbestos bill that would create a $140 billion compensation fund said on Thursday they aimed to clear the bill out of the Senate Judiciary Committee and send it to the full Senate within hours.