Nobel Economist Sees Slower Growth in 2011
Washington, DC, Dec. 28, 2010 -- A Nobel winning economist said U.S. economic growth probably won't be greater than 2% in 2011, which won't lower unemployment, according to Bloomberg News.
Today's Flooring News
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Zillow Economist Sees More House Price Declines
Seattle, WA, Dec. 28, 2010 -- House prices in the U.S. will probably fall 5-7% before a reaching a bottom late next year, said the chief economist of Zillow Inc., a provider of housing data.
Two UK Hospitals Testing Shock Absorbing Vinyl
London, England, Dec. 27, 2010 -- Two hospitals in North Yorkshire are testing a new kind of flooring designed to reduce injuries from falls.
Austrian Firm Stia Using Latest Valinge Technology
Viken, Sweden, Dec. 27, 2010 -- Austrian wood parquet producer Stia Holzindustrie has added a license for Välinge 5G-S fold down system.
Early Morning Fire Destroys Carpet Warehouse
Dalton, GA, Dec. 27, 2010 -- An early morning fire Friday just outside the Dalton city limits destroyed a carpet warehouse, according to the Dalton Daily Citizen.
Oil Prices Continue Climb Toward $100
New York, NY, Dec. 27, 2010 -- Oil prices remained above $91 a barrel Monday in Asia as some OPEC ministers said the organization doesn't expand to increase output to soften prices.
Rugmark Foundation Continues Helping Children
Kathmandu, Dec. 27, 2010 -- Nepal Rugmark Foundation said it has rehabilitated 876 children working in carpet and wool industries, according to Republica.
New Home Sales Rise 5.5% in November
Washington, DC, Dec. 23, 2010 -- New single-family home sales rose 5.5% in November, the Commerce Department reported.
Initial Jobless Claims Fell Again Last Week
Washington, DC, Dec. 23, 2010 -- Initial jobless claims fell by 3,000 last week, according to the Labor Department.
Consumer Sentiment Rises in Late December
Ann Arbor, MI, Dec. 23, 2010 -- U.S. consumer sentiment rose to 74.5 in late December from 71.6 in November, according to the Reuters/University of Michigan index.