Second Quarter GDP Revised Higher
Washington, DC, Sept. 30, 2010--Gross Domestic Product grew at an annual rate of 1.7% in the second quarter, the government said on Thursday.
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.
Iranian Carpet Import Ban Begins
Tehran, Iran, Sept. 30, 2010--The price of Persian carpets outside the U.S. is expected to fall as a result of oversupply following a U.S. ban on their importation.
Chicago Area Manufacturing Expanding
Chicago, IL, Sept. 30, 2010--The Chicago PMI, a regional measure of manufacturing activity, showed a reading of 60.4 for September, much higher than the 55.5 analysts had been expecting.
More CEOs Plan Increased Capital Spending
Washington, DC, Sept. 30, 2010--CEOs plan to increase capital spending, but have lowered their expectations on employment and sales for the short-term, according to a Business Roundtable survey.
Flooring and Protective Coatings Wins Awards
Norfolk, VA, Sept. 30, 2010--International Flooring and Protective Coatings said it received two awards for workplace safety last year from the Association of Builders and Contractors.
Surfaces/StonExpo Offers Free Ed. Programs
Dallas, TX, Sept. 29, 2010--For the first time in the history of the shows, Surfaces and StonExpo/Marmomacc Americas will offer their education programs free of charge.
Rebates a Highlight in Mohawk Anniversary Sale
Dalton, GA, Sept. 29, 2010--Mohawk tapped into consumer research that investigated what appeals to consumers in an ultra-competitive marketplace in developing its biggest national sale of the year.
Gerflor Names Chmura U.S. Sports, Commercial GM
Chicago, IL, Sept. 29, 2010--Resilient flooring firm Gerflor has named Ken Chmura as its new U.S. general manager in charge of sales, marketing and operations for the USA sports and commercial divisions.
Testing Shows StonePeak Technology Cleans Air
Chicago, IL, Sept. 29, 2010--StonePeak Ceramics said that independent testing has shown that 1,000 square meters of its Extra White Active tile can remove as much nitrogen oxide from the air as 20 mature trees.
Mortgage Applications Fall Despite Low Rates
Washington, DC, Sept. 29, 2010--Mortgage application volume declined last week for a fourth straight time, even though mortgage rates declined to the lowest on record.