British Real Estate Prices Continue To Fall
London, England, Sept. 22, 2008--The U.S. isn't the only country with a housing downturn.
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.
Home Sales Surge in California on Low Prices
Los Angeles, CA, Sept. 19, 2008--Home sales surged 13.6 percent in California in August as a flood of foreclosures drove down prices.
Beaulieu Offers New Sales Incentive for Bliss
Dalton, GA, September 19, 2008 — Beaulieu of America announced a new retail incentive program for Bliss.
U.S. Intervention Could Help Housing Market
Washington, DC, Sept. 19, 2008--Global stock markets soared Friday as news of a possible U.S. government plan to rescue banks from toxic mortgage debt brought hope of a letup in the world's worst financial crisis in decades.
Shaw Debuts New Collection for Boats
Dalton, GA, Sept. 18, 2008--Shaw Industries said it is launching a collection of durable polypropylene carpets, recycled engineered hardwoods, laminate and other carpets for nautical craft use, named Shaw Marine.
Solutia Remains Focused on Carpet Market
Chattanooga, TN, Sept. 19, 2008--Carpet fiber maker Solutia Inc. recently announced its intention to look for a buyer for its nylon business.
AIA Billings Index Up, but Still Not Healthy
Washington, DC, Sept. 17, 2008--The Architecture Billings Index rose 0.8 to 47.6 in August.
Leading Indicators Fall Again: Slow Economy Ahead
Washington, DC, Sept, 18, 2008--The index of leading economic indicators fell 0.5 percent in August after sinking 0.7 percent in July, the Conference Board said Thursday.
Initial Jobless Claims Rise on Hurricane Damage
Washington, DC, Sept. 18, 2008--Initial jobless claims rose unexpectedly by 10,000 last week, as job losses from Hurricane Gustav began to mount, the Labor Department reported on Thursday.
Omnova Sees Earnings Slide in Third Quarter
Fairlawn, OH, Sept. 17, 2008--Omnova Solutions Inc. reported net income of $3.1 million, or $0.07 per share, for the third quarter ended Aug. 31 compared to net income of $4.5 million, or $0.11 per share, for the third quarter of 2007.