Housing Starts Off 10.2, Lowest Since 1993
Washington, DC, October 17, 2007--Housing starts dropped 10.2% to an annual rate of 1.191 million following a 1.327 million rate the prior month, the Commerce Department said.
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.
Consumer Prices Rise in September
Washington, DC, October 17, 2007--Consumers prices rose 0.3% followed a 0.1% decline in August prompted by falling oil prices, according to the Labor Department.
Pfleiderer Affirms 2007 Growth Forecast
Neumarkt, Germany, October 17, 2007 - Pfleiderer AG has confirmed its growth forecasts for 2007.
Mortgage Apps Inch Up Last Week
Washington, DC, October 17, 2007--The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending October 12, 2007.
Online Holiday Retail Sales to Hit $33 Billion
Cambridge, MA, October 17, 2007--Online retail sales in the U.S. this holiday season will reach $33 billion, a 21% increase over last year, according to Forrester Research, Inc..
Solutia Files Consensual Plan of Reorganization
St. Louis, MO, October 15, 2007--Solutia today filed a consensual plan of reorganization that has the support of all major constituents in its Chapter 11 case.
DuPont Won't Face Justice Department Charges
Wilmington, DL, October15, 2007-- The Justice Department has decided not to seek criminal charges against DuPont regarding use of perfluorooctanoic acid at its Washington Works facility.
Aquafil Considers IPO
Arco di Trento, Italy, --October 15, 2007--Aquafil SpA board of directors has appointed Eidos Partners to perform a feasibility study on an IPO at the Italian Stock Exchange before the end of next year
Industrial Production Up 0.1%
Washington, DC, October 16, 2007--Industrial production rose 0.1% in September, restrained by a slump at automakers, according to a report from the Federal Reserve.
Stanley Furniture Expects 4Q Loss
Stanleytown, VA, October 16, 2007-- Stanley Furniture said it would post a loss in its fourth quarter.