Holiday Online Retail Spending Up Double Digits
New York, NY, Dec. 23, 2010 -- Online retail spending is up 12% so far this holiday season compared to 2009, according to a report released by ComScore.
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.
Economists See Flat Home Prices in 2011
Madison, NJ, Dec. 23, 2010 -- Home prices may not appreciate much in 2011, according to a survey of economists and housing analysts by MacroMarkets LLC.
UK's Tarmac Closing Precast, Flooring Operations
London, England, Dec. 23, 2010 -- Tarmac Building Products is planning to close its precast and flooring operations.
Architecture Billings Index Highest in Three Years
Washington, DC, Dec. 22, 2010 -- The U.S. architecture billings index rose to its highest level since December 2007 last month, according to the American Institute of Architects.
Lending Banks Support Pfleiderer Restructuring
Neumarkt, Germany, Dec. 22, 2010 -- Pfleiderer AG said it is receiving support from its lending banks with its restructuring process.
Analyst Raises Estimates for Interface
New York, NY, Dec. 22, 2010 -- Analyst Stifel Nicolaus said it is raising earnings estimates for carpet tile maker Interface.
Existing Home Sales Rise 5.6% in November
Washington, DC, Dec. 22, 2010 -- House resales rose 5.6% in November to a rate of 4.68 million, the National Association of Realtors said Wednesday.
Mercier Signs Jaeckle for Midwest Distribution
Montmagny, Quebec, Canada, Dec. 22, 2010 -- Mercier Wood Flooring said it has signed Jaeckle for distribution in Midwest.
Third Quarter GDP Revised Slightly Higher
Washington, DC, Dec. 22, 2010 -- The Commerce Department said the country's gross domestic product rose 2.6% between July and September, up slightly from its earlier estimate of 2.5%.
Oil Prices Briefly Back Above $90
New York, NY, Dec. 22, 2010 -- Oil prices rose back above $90 a barrel Wednesday in Asia after a report showed U.S. supplies dropped more than expected for a second week.