Today's Flooring News

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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.

Tennant Swings To Loss in First Quarter

Tennant Swings To Loss in First Quarter

Minneapolis, MN, May 7, 2009--Tennant Co., which makes floor cleaning products, reported a first-quarter loss as the recession hit sales across all geographic regions.

Productivity Increases in First Quarter

Washington, DC, May 7, 2009--Productivity rose in the first quarter as U.S. firms cut their workforce, outpacing the drop in output, the Labor Department reported Thursday.

New Jobless Claims Hit 14-Week Low

Washington, DC, May 7, 2009--New applications for jobless benefits plunged to the lowest level in 14 weeks, a possible sign that the massive wave of layoffs has peaked.

Bernanke Growing More Upbeat About Economy

Bernanke Growing More Upbeat About Economy

Washington, DC, May 6, 2009--The U.S. economy seems to be contracting at a slower rate than it was a few months ago, Federal Reserve Chairman Ben S. Bernanke told the Joint Economic Committee yesterday.

ADP Jobs Report Much Better Than Expected

Roseland, NJ, May 6, 2009--Private-sector job losses slowed more than expected in April, hitting their lowest since November last year, according to a report by ADP Employer Services on Wednesday.

Lumber Liquidators Net Income Rises 18%

Toano, VA, May 6, 2009--Lumber Liquidators said that first quarter net income increased 18.1% to $5.1 million, or $0.19 per share, compared to $4.3 million, or $0.16 per share a year ago.