May Construction Spending Off 1.7 Percent
Washington, July 1--Spending on construction projects dropped in May by the largest amount in a year as builders coped with wet weather in some parts of the country as well as a sluggish economic recovery.
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.
Shaw Opts Out of Surfaces ‘04 for Regional Events
Dalton, GA, June 30--Shaw Industries. Inc., has announced that the company will not attend Surfaces '04 in January.
DuPont Flooring Systems Now The Invironmentalists,
Atlanta, June 30 -- DuPont Flooring Systems, a business unit of DuPont Textiles & Interiors, is now The Invironmentalists(TM) and is creating a new category in the building interior marketplace that focuses on creating and sustaining interior environments
Weak Furniture Sales Force Dillard's to Close
Toledo, OH, June 30--Dillard's will close its home stores in Southwyck Shopping Center and Westgate Village Shopping Center at the end of July, exiting the furniture business in Toledo, as reported in the Toledo Blade.
Personal Income & Spending Climb in May
Washington, June 27--Personal income rose in May as spending edged higher for a second month. Income growth outpaced spending, as consumers kept close watch on their purse strings. Personal income rose 0.3% last month after a revised 0.2% rise in April,
Consumer Sentiment Slips in June
Ann Arbor, MI, June 27-- The University of Michigan’s Index of Consumer Sentiment was 89.7 in the June 2003 survey, down from 92.1 in May but well above the 77.6 recorded in March.
The Venetian New 1,000 Room Tower
Las Vegas, NV, June 30--The Venetian's new 1,013-room Venezia tower, which opened this week, is expected to cut the Strip resort's overhead cost per room by as much as 12 percent, an analyst predicted.
Interface’s Anderson Honored by IIDA
Chicago, IL, June 27--The International Interior Design Association’s International Honors and Awards were presented at IIDA’s Ninth Annual Meeting on Sunday, June 15, 2003 by Association President, Anita Barnett, FIIDA.
Shaw Wins Best of NeoCon Gold Award
Dalton, GA, June 30--Shaw Contract's flux systems program has received the Best of NeoCon Gold Award in the broadloom carpet category at the acclaimed interior design show in Chicago recently.
Kronotex Sets Up Indian Subsidiary
New Delhi, June 30--Germany-based laminated flooring major Kronotex Fussoboden GmbH & Co has entered the Indian market with a wholly owned subsidiary ‘Kronotex Ltd. The company is looking at setting up a manufacturing plant in India to cater to the market