First Quarter GDP Revised Down
Washington, DC, May 31, 2012 -- The U.S. economy grew less in the first quarter than initially estimated, according to the Commerce Department.
Today's Flooring News
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Announced Job Cuts Hit Eight-Month High
Chicago, IL, May 31, 2012 -- Announced job cuts in the U.S. hit an eight-month high in May, according to outplacement firm Challenger, Gray & Christmas.
Chicago Businesses Grow at Slower Pace in May
Chicago, IL, May 31, 2012 -- Business conditions in the Chicago region fell in May, according to the Chicago Purchasing Managers.
Pending Home Sales Up Sharply Over 2011
Washington, DC, May 30, 2012 -- Pending home sales retrenched in April following three consecutive monthly gains, but are notably higher than a year ago, according to the National Association of Realtors.
UTT, Signature Win Soybean Use Awards
Dalton, GA, May 30, 2012 -- The United Soybean Board recently recognized the partners in Project Yellowstone by granting them the “Excellence in New Uses” award for 2012.
Oil Prices Continue Downward Trend
New York, NY, May 30, 2012 -- Oil prices fell below $90 a barrel Wednesday on concerns over European financial turmoil.
Mortgage Applications Decline in Latest Week
Washington, DC, May 30, 2012 -- Mortgage application volume last week slipped 1.3% from the prior week, the Mortgage Bankers Association said.
Centiva Awards Green Innovation Grant
Florence, AL, May 30, 2012 -- Centiva said it has awared a $3,000 Green Innovation Grant to Mason County Middle School in Maysville, Ky.
IVC Expands All Tile Distribution Agreement
Dalton, GA, May 30, 2012 -- IVC is expanding its distribution agreement with All Tile beginning in June.
Warp & Weft Names Design Contest Winners
New York, NY,? May 30, 2012 -- Warp & Weft has named the winnners of its Contemporary Creations: A Rug Design Competition for upper division Textile/Surface Design Program students at the Fashion Institute of Technology.