Forbo Increasing Prices as Costs Rise
Hazleton, PA, March 3, 2011 – Forbo Flooring Systems said it will increase prices 4-6% on its linoleum, vinyl, flocked, coral, wall base, welding rod and adhesive products, effective April 1.
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.
Fed Report Shows Continuing Economic Growth
Washington, DC, March 4, 2011 -- The U.S. economy expanded in January and early February in all parts of the country, according to the Federal Reserve's "Beige Book" report.
Canadian Hardwood Manufacturer Closes
Renfrew, Ontario, Canada, March 4, 2011 -- Kultur Hardwood Flooring has closed its manufacturing operations (Estate Hardwood Floors).
Productivity Surges Again in Fourth Quarter
Washington, DC, March 3, 2011 -- Productivity grew in the fourth quarter grew at the fastest pace in nine months, according to the Labor Department.
Online Job Openings Increase 4%
New York, NY, March 3, 2011 -- Monster's monthly gauge of online labor demand in the United States rose 4% in February compared with the same month a year ago.
Mortgage Rates Fall Again
Washington, DC, March 3, 2011 -- The average rate for a 30-year fixed mortgage dropped this week, Freddie Mac said.
Peru Admits to Illegal Mahogany Harvesting
Lima, Peru, March 3, 2011 -- Peru’s government has admitted that 70-90% of its mahogany exports were illegally harvested, according to a story by London-based Survival International.
Lyptus Most Preferred Hardwood in Study
Federal Way, WA, March 2, 2011 -- Weyerhaeuser's Lyptus hardwood came out on top as the species of choice in a 2010 study that evaluated consumers' preferences between select hardwoods.
ADP Report Shows Strengthening Jobs Market
Roseland, NJ, March 2, 2011 -- Nonfarm payrolls rose by a net 217,000 in February, according to the ADP Employment Report.
Retail Sales Continue Momentum in February
New York, NY, March 2, 2011 -- Retail sales in February rose in most categories, according to figures released by MasterCard Advisors' SpendingPulse.