NFIB Testifies for House Small Business Committee
Washington, DC, March 15, 2007--The president of the National Federation of Independent Business, the nation's leading small-business advocacy group, testified before the House.
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.
NAM Raises Concerns About Proposed Business Tax
Washington, DC, March 15, 2007--In testimony before the House Ways and Means Committee, a representative of the National Association of Manufacturers urged House tax-writers to avoid imposing new taxes on manufacturers.
Weekly Jobless Claims Off 12,000
Washington, DC, March 15, 2007--The number of Americans making initial applications for unemployment benefits fell by 12,000 last week to stand at 318,000, the lowest in five weeks, the Labor Department reported Thursday.
New York Manufacturing Activity Drops
Washngton, DC, March 15, 2007--Manufacturing activity in the New York area came to a virtual standstill in March, the New York Federal Reserve Bank said Thursday.
PPI Up 1.3% in February
Washington, DC, March 15, 2007--Wholesale prices unexpectedly jumped 1.3% in February, the Labor Department reported Thursday. Increases in the producer price index for finished goods were broad-based.
AIA Releases Documents on Demand eShop
Washington, DC, March 15, 2007--The American Institute of Architects (AIA) introduces the release of the AIA Documents on Demand eShop.
Lumber Prices Rise on Talk of Production Cuts
Chicago, IL, March 15, 2007--Talk that some western Canadian sawmills would be scaling back lumber production sent Chicago Mercantile Exchange lumber futures up sharply on Wednesday, trade sources said.
Home Builders Assess Risky Mortgage Exposure
New York, NY, March 15, 2007--Home builders are assessing their exposure to home buyers with weak credit histories amid a subprime mortgage lender crises.
Karastan Makes Statement in Dining by Design
Dalton, GA, March 15, 2007--Karastan continually demonstrates its commitment to high style by participating in celebrity events.
Commercial/Multifamily Mortgage Debt Up in 2006
Washington, DC, March 15, 2007--At the end of 2006, $2.95 trillion in commercial/multifamily mortgage debt outstanding was recorded by the Federal Reserve.