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.
Washington, DC, October 5, 2006--The Federal Reserve remains worried inflation is too high, but is also watching to see how much a "substantial correction" in housing markets will slow economic growth, Fed Chairman Ben Bernanke said.
Roseland, NJ, October 4, 2006--Private employers added 78,000 jobs in September, according to the ADP National Employment Report.
Morris Township, NJ, October 3, 2006—Honeywell Resins & Chemicals today announced that it will expand production of caprolactam, a key raw material used in the production of nylon, at its Hopewell, Va. facility.
Grand Rapids, MI, October 3, 2006--Office furniture order growth slowed again in August, continuing months of erratic growth that analysts said was a further sign the market is moderating.
Calhoun, GA, October 2, 2006-– Faus Group, Inc. (“Faus”) won a first place Gold award for its Fausfloor® Gallery independent retail store laminate display during the IN-STORE Marketing Expo held in Chicago, Illinois.
Hattersheim, Germany, October 2, 2006--An Invista affiliate acquired the yarn processing assets of Mitex, a leading yarn processing company in North-Eastern Bavaria.
Washington, DC, September 29, 2006--Consumer sentiment strengthened in late September, according to media reports Friday of proprietary research from the University of Michigan.
New York, NY, September 26, 2006--Chain store sales for the week ended Sept. 23 rose 4.2% compared to the year-ago period.
Atlanta, GA, September 25, 2006--Home Depot will open its first Home Depot Fuel store in Georgia today as the company continues to increase service offerings to professional and do-it-yourself customers.
Taylor, MI, September 21, 2006-- Home improvement and building products producer Masco Corp., has lowered its full-year profit forecast due to disappointing sales in this year's latter half.