Wholesale Inventories Rise in April
Washington, DC, June 9, 2011 -- U.S. wholesale inventories rose less than forecast in April, held back by the biggest drop in auto stockpiles in more than a year, 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.
Walters Becomes WFCA Board Chair July 1
Anaheim, CA, June 8, 2011 -- Jim Walters becomes chairman of the board of the World Floor Covering Association effective July 1.
Bernanke Sees Higher Economic Growth This Year
Washington, DC, June 8, 2011 -- Although the economy has weakened in recent weeks, Federal Reserve Chairman Ben Bernanke said the slowdown from high gas prices and Japan's crises is temporary.
Job Advertisements Decline in April
Washington, DC, June 8, 2011 -- Businesses advertised fewer jobs in April than the previous month, according to the Labor Department.
Mortgage Applications Edge Lower Last Week
Washington, DC, June 8, 2011 -- Mortgage applications fell 0.4% last week, the Mortgage Bankers Association said Wednesday.
Alloc Adds Midwest Distributor Lensing
Lyngdal, Norway, June 8, 2011 -- Alloc/Berry Floor, part of the Beaulieu International Group, has signed distributor Lensing Building Specialties.
Americhem To Manufacture in North Carolina
Cuyahoga Falls, OH, June 8, 2011 -- Americhem, a global producer of custom color and additive products for the polymer and synthetic fibers industries, said it will establish a manufacturing campus in Liberty, N.C..
Economic Stress Hits Two-Year Low in April
New York, NY, June 8, 2011 -- The nation's economic stress fell to a two-year low in April, according to The Associated Press' monthly analysis.
OPEC Maintains Current Output Levels
Vienna, Austria, June 8, 2011 -- OPEC said it has decided to maintain current oil output levels, with the option of meeting within the next three months for a possible production hike.
Oil Prices Fall Below $99 Ahead of OPEC Meeting
New York, NY, June 7, 2011 -- Oil prices fell back below $99 a barrel Tuesday as investors expected that OPEC will raise its production quota this week.