Purchasing Managers Index Rises Unexpectedly
Washington, DC, March 2, 2009--U.S. manufacturers said business deteriorated again in February for the 13th consecutive month, but the pace of the decline didn't accelerate as expected.
Today's Flooring News
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Construction Spending Down in January
Washington, DC, March 2, 2009--U.S. construction spending declined in January, falling by 2.2% month-over-month, according to the U.S. Department of Commerce
UK Vinyl Recycling Program Nets 70 Tons
London, England, March 2, 2009--A vinyl flooring recycling program in the UK has yielded around 70 tons of material in its first year of operation, according to Axion Consulting, which is seeking more participation by waste transfer stations.
Berkshire Hathaway Turned a Profit in 2008
Omaha, NE, March 2, 2009--Berkshire Hathaway's net profit fell 96%, the fifth quarterly straight decline and the firm's net worth dropped $10.9 billion dollars in the final three months of 2008.
Flowcrete Opening Office in India
Chennai, India, March 2, 2009--Flowcrete is opening a new office in India.
Mannington Names Wood, Porcelain Accounts Manager
Salem, NJ, March 2, 2009--Dennis Hrusa has joined Mannington Mills as strategic accounts manager for wood and porcelain.
Antrim Carpets Co-Founder O'Neill Retires
Syosset, NY, Feb. 27, 2009 — Stanton Carpet said co-founder and vice president of sales for Antrim, Fran O’Neill has retired.
NAHB Objects To Mortgage, Tax Budget Proposals
Washington, DC, Feb. 27, 2009--The National Association of Home Builders has taken issue with President Barack Obama's budget proposal to pay for expanded health care by reducing mortgage interest and real estate tax deductions.
GDP For Fourth Quarter Revised Lower
Washington, DC, Feb. 27, 2009--The U.S. gross domestic product fell in the fourth quarter at the fastest pace since 1982.
Armstrong To Continue Cost Cutting
Lancaster, PA, Feb. 27, 2009--Armstrong World Industries said Thursday it will cut more jobs in the wake of a $25.5 million fourth-quarter loss that was fueled in part by a 17 percent decline in sales, according to Lancaster Online.