Fewer Jobs Cut Than Expected in February
Washington, DC, March 5, 2010--Employers cut fewer jobs than expected and the unemployment rate held at 9.7 percent in February, according to the Labor 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.
CARE Adds ReSource Network to Program
Dalton, GA, March 5, 2010--Carpet America Recovery Effort has added ReSource Commercial Flooring Network of commercial flooring dealers to CARE’s Aligned Dealer Program.
Retail Sales Up Sharply in February
Washington, DC, March 5, 2010--Retail sales posted their sharpest increase since November 2007, a month before the recession began, according to the International Council of Shopping Centers.
Group Alleges Fraud in Home Valu Bankruptcy Case
Minneapolis, MN, March 5, 2010--A group of area flooring and kitchen-counter subcontractors have accused former U.S. Sen. Rudy Boschwitz and others of conspiracy, theft, fraud and misrepresentation.
Pending Home Sales Decline in January
Washington, DC, March 4, 2010-- Pending home sales fell 7.6% in January, according to the National Association of Realtors.
Oil Prices Back Over $80
New York, NY, March 5, 2010--Oil prices rose to near $81 a barrel Friday ahead of a key U.S. jobs report.
NeoCon Set June 14-16; Buildex To Make Debut
Chicago, IL, March 5, 2010--NeoCon World’s Trade Fair returns to Chicago’s Merchandise Mart June 14-16 for its 42nd year.
Style Limited Names Two Board Members
Melbourne, Australia, March 4, 2010--Flooring firm Style Limited has named two new non-executive directors to the company’s Board.
Initial Jobless Claims Fall, 26% Lower Than 2009
Washington, DC, March 4, 2010--Initial jobless claims declined by 29,000 in the week ending Feb. 27 to 469,000, the Labor Department reported Thursday.
Fed Report Shows Economy on The Mend
Washington, DC, March 4, 2010--The U.S. economy continued to improve slowly in February, according to the latest Beige Book survey of economic conditions released Wednesday by the Federal Reserve.