Housing Market Index Up
Washington, DC, Apr. 15--Builder confidence in the market for new single-family homes rose strongly in early April, according to the National Association of Home Builders' latest Housing Market Index.
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.
Solutia Gets Bankruptcy Plan Extension
St. Louis, MO, Apr. 16--A federal bankruptcy judge has given chemicals concern Solutia Inc. another three months to detail how it expects to emerge from bankruptcy.
U.S. Xpress Enterprises Reports Earnings
Chattanooga, TN, Apr. 15--U.S. Xpress Enterprises, Inc. today reported higher operating revenues and earnings for the first quarter ended March 31.
Fed's Bernanke Expects Inflation to Remain Low
Washington, DC, Apr. 16--A Federal Reserve governor said strong productivity growth and continued slack in the economy should restrain inflation for the next couple of years.
Georgia-Pacific Say Earnings Will Beat Expectation
Atlanta, GA, Apr. 15--Forest products company Georgia-Pacific Corp. said Wednesday it will report first-quarter earnings above Wall Street's expectations, citing the performance of its building products businesses.
Manufacturing in Northeast Rebounds
New York, NY, Apr. 15--Manufacturing activity in the New York Federal Reserve district rebounded sharply to 36.05 in April from the 25.33 reading in March, marking the 12th-straight month of positive readings.
Sneakers Recycled into Flooring and More
Boise, ID, Apr. 15--For all they´ve done for you, those shoes deserve a better final resting place than the dump. For the price of postage, Nike will give them a new home, no matter what brand they are, according to the Idaho Statesman.
Initial Jobless Claims Rise
Washington, DC, Apr. 15--First-time claims for unemployment benefits rose more than forecast last week, one week after dropping to the lowest level in four years.
Survey Gives Homeowners' Views on Contractors
Philadelphia, PA, Apr. 15--A survey released today by Opinion Research Corporation on behalf of the Scott Rags in a Box business reveals a love-hate relationship with the people we hire to renovate and repair our homes.
Shuttered Milliken Mill Sold
Robbins, NC, Apr. 15--The shuttered textile mill that once employed hundreds of northern Moore County workers has been sold. Jeff Schwarz and Robert Burr of Asheboro bought the 286,000-square-foot plant, formerly operated by Milliken & Co.