Initial Jobless Claims Lower Than Expected
Washington, DC, Sept. 9, 2010--Initial jobless claims fell 27,000 to 451,000 in the week ended Sept. 4, the Labor Department reported 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.
Capel Partners With Designer Kevin O'Brien
Troy, NC, Sept. 9, 2010--Capel Rugs and fabric designer Kevin O'Brien have formed a new partnership to create a line of fashion-forward area rugs.
Job Openings Increase in July
Washington, DC, Sept. 9, 2010--Job openings are rising modestly, according to Labor Department statistics.
Pergo Gets New German Fold-Down Patent
Baar, Switzerland, Sept. 9, 2010--Laminate flooring maker Pergo said it has been granted an additional German patent for its fold-down technology.
Trade Deficit Falls in July
Washington, DC, Sept. 9, 2010--The trade gap narrowed $7 billion in July to $42.8 billion, according to the Bureau of Economic Analysis.
Fed Report Paints Picture of Slowing Economy
Washington, DC, Sept. 9, 2010--The economy is continuing to expand, but more slowly than earlier this year, according to the Federal Reserve's so-called "beige book."
Economists Revise Growth Forecast Down
Washington, DC, Sept. 9, 2010--U.S. economic growth for the rest of this year and next was revised lower for a third consecutive month, according to the Blue Chip Economic Indicators report.
Lumber Liquidators Expands Commercial Division
Toano, VA, Sept. 9, 2010--Lumber Liquidators said it has expanded its commercial division to serve the needs of contractors, builders and developers.
Bamboo Maker Teragren Forms Contract Division
Bainbridge Island, WA, Sept. 8, 2010--Bamboo flooring manufacturer Teragren said it has launched a new Contract Division.
Creston Carpet Mills Closes Its Doors
Dalton, GA, Sept. 8, 2010--Creston Carpet Mills of Dalton, Georgia ceased operations on September 3, mostly due to economic reasons.