Leading Economic Indicators Reverse Course
New York, NY, Aug. 19, 2010--The Index of Leading Economic Indicators for the U.S. increased 0.1% in July to 109.8, following a 0.3% decline in June, and a 0.5% increase in May.
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.
Pfleiderer Says Laminate Business Remains Flat
Neumarkt, Germany, Aug. 19, 2010--Pfleiderer AG reported that revenue rose by 7.3% to $490 million from the first to the second quarter, although its laminate business remains flat.
Armstrong Exiting European Residential Business
Teesside, England, Aug. 19, 2010--Armstrong World Industries will apparently close a linoleum factory in Teesside, according to the BBC.
Carbon Trading Program Tempts NZ Sheep Farmers
Auckland, New Zealand, Aug. 19, 2010--New Zealand’s sheep farmers are being increasingly drawn to a government carbon trading program that pays more to plant trees than sell wool, according to a Bloomberg News story.
Mondo Gets Patents for Artificial Turf Backing
Conshohocken, PA, Aug. 19, 2010--Mondo said it has received U.S. patents on Thermo-bonded, its new artificial turf backing.
Initial Jobless Claims Rise Unexpectedly
Washington, DC, Aug. 19, 2010--Initial jobless claims rose unexpectedly in the latest week to their highest level in nine months, the Labor Department reported Thursday.
Greenguard Children & Schools Certifies Anderson
Clinton, SC, Aug. 17, 2010--Anderson said that all of its hardwood flooring products are now Greenguard Children & Schools Certified.
Propex Closing Secondary Backing Plant in Georgia
Bainbridge, GA, August 18, 2010--Propex will close its Bainbridge plant by the end of October, according to the Post-Searchlight.
Chain Store Sales Higher Than Last Year
New York, NY, Aug. 18, 2010--U.S. chain-store sales rose 3.3% this past week over last year, according to weekly tracking data collected by the International Council of Shopping Centers and Goldman Sachs.
AIA Billings Index Rises in July
Washington, DC, Aug. 18, 2010--The Architectural Billings Index rose in July but remained at a level that indicates falling demand for the 30th consecutive month, according to the American Institute of Architects.