Growth Decelerates for Chicago Manufacturing
Chicago, IL, June 28, 2013 -- Growth slowed in Chicago-area manufacturing in June, according to the Chicago PMI.
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.
Pending Home Sales Hit Six-Year High in May
Washington, DC, June 27, 2013 -- Pending home sales in May reached a six-year high, the National Association of Realtors said.
Housing Recovery Underway but Some Left Behind
Cambridge, MA, June 27, 2013 -- Driven by rising home prices and growing demand, the U.S. housing recovery is well underway, concludes the Joint Center for Housing Studies of Harvard University.
Consumer Spending, Incomes, Rise in May
Washington, DC, June 27, 2013 -- Consumer spending rose 0.3% in May and personal incomes rose 0.5%, according to the Commerce Department.
Mohawk Releases Fourth Sustainability Report
Calhoun, GA, June 27, 2013 -- Mohawk has released its fourth annual sustainability report.
Desso, Bonar Sign Carpet Backings Agreement
Waalwijk and Arnhem, The Netherlands, June 27, 2013 --Carpet maker Desso and performance technical textile producer Bonar signed a long-term cooperation agreement for joint product development program to produce backings for Desso.
Initial Jobless Claims Fall Last Week
Washington, DC, June 27, 2013 -- Initial claims for unemployment benefits fell by 9,000 to 346,000 in the week ended June 22 from a revised 355,000 the prior period, the Labor Department said.
Omnova Solutions Reports Lower Income, Sales
Fairlawn, OH, June 27, 2013 -- Omnova Solutions reported second quarter net income of $2.9 million or $0.06 per share, compared to net income of $7.0 million, or $0.15 per share, for the second quarter of 2012.
Government Makes Sharp Reduction to Q1 GDP
Washington, DC, June 26, 2013 -- U.S. economic growth in the first quarter was more subdued than previously estimated, according to the Commerce Department.
NeoCon Attendance Up Slightly Over 2012
Chicago, IL, June 26, 2013 -- This year's NeoCon show drew 41,488 interior designers, architects, and trade professionals June 10-12, organizers said.