Major Retailers Report Modest Same-Store Sales Gai
New York, NY, December 2--Major retailers reported modest gains in November sales on Thursday.
Today's Flooring News
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Fed’s Beige Book Shows Signs of Continued Expansio
Washington, DC, December 2--The economy kept expanding from mid-October to mid-November, picking up speed in several regions of the country, according to the Federal Reserve’s Beige Book, which was released Wednesday.
October Construction Spending Flat
Washington, December 2--Construction spending was unexpectedly flat in October, but still at a record high, as gains in public spending offset a decline in residential construction, a government report said Wednesday.
Kronospan Launches $15.5 M Recycler in UK
Chirk, Great Britain, December 6--Wood panel and laminate flooring manufacturer Kronospan has invested more than pounds 8m ($15.5m) in a recycling plant to boost the volume of recycled fiber used at the plant, according to the Liverpool Daily Post & Echo.
Veterans at Work Offer Carpet Cleaning At or Below
Chicago, IL, December 1--Veterans at Work (VAW), a Chicago based group, contracts services and products from veterans who are in need of jobs, rehabilitation and housing.
Personal Spending Up 0.7% in October, Incomes Up 0
Washington, DC, December 1—The Commerce Department reported that consumer spending rose in October as a surge in hiring led to the biggest rise in incomes in five months.
Consumer Confidence Down in November
New York, NY, November 30--The Conference Board’s Consumer Confidence Index, which had declined in October, posted another loss in November.
Bostik Findley, Renamed Bostik
Wauwatosa, WI, December 1-- Bostik Findley, Inc., a leading global manufacturer of adhesives, sealants and lubricants, has changed its name to Bostik, Inc.
Atlanta Magazine Names Myers Carpet “Best in City”
Atlanta, GA, December 1--Myers Carpet’s Atlanta store was named the best place to buy floorcovering by Atlanta Magazine in its “Best of Atlanta 2004” December issue, according to the Dalton Daily Citizen.
Study: Housing Wealth Has Greater Effect Than Stoc
Washington, DC, December 1--Housing wealth has a more immediate impact on consumer spending than stock wealth and has sustained the U.S. economy since the beginning of this decade, shows a new study.