Economy to Keep Salary Increases in Check
New York, NY, July 14, 2010--The weak economy will hold down salary increases this year, but the outlook for next year is slightly better, according to a survey by the Conference Board.
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.
Feizy Names Advertising, Marketing Director
Dallas, TX, July 14, 2010--Feizy Rugs said that Ed Mitre has joined the company as director of advertising and marketing.
Home Purchase Mortgage Applications Fall
Washington, DC, July 14, 2010--Mortgage-loan applications for home purchases fell to their lowest level in 14 years last week, the Mortgage Bankers Association said.
Surya Names VP Printed Rug Division
Atlanta, GA, July 14, 2010--Rug maker Surya has named Pat Douglass as vice president of the Printed Rug Division.
Topps Tiles Reports Smaller Sales Decline
London, England, July 14, 2010--Tile and wood flooring specialist Topps Tiles said overall revenue for the 13 weeks ended July 3 declined 2.5% compared to an 8.9% drop last year.
Economic Optimists Outnumber Pessimists in U.S.
Washington, DC, July 14, 2010--More Americans expect the U.S. economy to improve rather than decline in the next six months, according to a survey by Certified Financial Planner Board of Standards Inc.
Foreclosure Sales Nearly Third of Total in Q1
Miami, FL, July 13, 2010--Foreclosure Deals, an online company specializing in information about foreclosures, said that 31% of all residential properties sold in the first quarter were foreclosure properties.
Chain Store Sales Continue Uptrend
New York, NY, July 13, 2010--Weekly chain store sales in the U.S. rose 3.2% this past week compared with one year ago, according to the International Council of Shopping Centers and Goldman Sachs.
Tribute Planned August 17 for Sonna Calandrino
Dalton, GA, July 13, 2010--A tribute will be held for Sonna Calandrino on Tuesday, Aug. 17 in Dalton.
Small Business Grows Less Optimistic in June
Washington, DC, July 13, 2010--U.S. small businesses grew more pessimistic about their economic outlook in June, the National Federal of Independent Businesses said.