Trade Deficit Narrows in March
Washington, DC, May 11--The deficit narrowed by 9.2% in March to $55 billion. This is the lowest trade deficit since last September and the largest monthly decline since December 2001.
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.
IEA: Global Oil Demand Set to Rise 2.2% in 2005
Paris, France, May 11--Global oil demand this year is set to be slightly higher than previously expected, as the market readjusts from last year's demand surge, the International Energy Agency (IEA) revealed.
Mannington Porcelain Tile Intros Dramatic New Look
Salem, NJ, May 11--Last week, Mannington introduced two dramatic new looks to its porcelain tile line.
NWFA Offers 'How to Make Money on Every Job
St. Louis, MO, May 10--The NWFA has released the latest CD set in its management education series, "How to Make Money on Every Job."
Federal Court Orders Seizure of Chinese Tile Catal
Orlando, FL, May 10--Judge G. Kendall Sharp of the United States District Court for the Middle District of Florida issued two Orders of Seizure against Onna Ceramiche and its affiliates on May 6.
ServiceMaster 1Q Earnings Off
Downers Grove, IL, May 10--ServiceMaster Co. posted a slightly lower first-quarter profit partly due to unfavorable March weather.
UK’s Stonell Direct Offers a 'Chocolate Box
London, England, May 10--Stonell Direct, the UK’s only national natural stone flooring company, has introduced a range of new stones.
Mohawk ColorCenter and FloorScapes Retailers Partn
Dalton, GA, May 10--Mohawk has become an Industry Partner with the American Society of Interior Designers (A.S.I.D.).
Optimistic AmericasMart Exhibitors Renew Leases
Atlanta, GA, May 10--Liberty Oriental Rugs, Atlas Rug Corporation, Banilivi & Nabavian, Inc., French Accents Rugs & Tapestries and Vantage Industries have extended their commitment to the Area Rug Center with long term lease agreements.
Home Sales to Benefit From Slower Mortgage Interes
Washington, DC, May 10--Mortgage interest rates have been trending up less than expected, a pattern that should continue through next year.