Milliken & Co. Makes Another Acquisition
Spartanburg, SC, Oct. 15, 2009--Milliken & Co. said that it has completed the acquisition of Rebus Inc. of Aston, Pa.
Today's Flooring News
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New York Manufacturing Activity Surges in October
New York, NY, Oct. 15, 2009--Manufacturing activity in the New York area improved at the fastest pace in five years, the New York Federal Reserve Bank reported Thursday.
Initial Jobless Claims Fall Again
Washington, DC, Oct. 15, 2009--Initial jobless claims fell by 10,000 to a seasonally adjusted 514,000 in the week ending Oct. 10, the Labor Department reported Thursday.
Consumer Prices Edge Up as Home Costs Fall
Washington, DC, Oct. 15, 2009--Consumer prices drifted higher in September, led by higher prices for cars, energy and medical care.
MBA: Foreclosures, Unemployment To Peak in 2010
San Diego, CA, Oct. 14, 2009--Foreclosures will top out by the end of next year and unemployment will swell above 10 percent, Mortgage Bankers Association chief economist Jay Brinkmann said Tuesday.
Chain Store Sales Up Fifth Consecutive Week
New York, NY, Oct. 14, 2009--U.S. chain store sales rose for the fifth consecutive week during the seven days that ended Oct. 10, the International Council of Shopping Centers (ICSC) and Goldman Sachs reported.
Oil Prices Hit One-Year High
New York, NY, Oct. 14, 2009--Oil prices jumped above $75 a barrel Wednesday for the first time in a year on investor optimism crude demand will improve ahead of the Christmas shopping season.
Orchid Ceramics Gets Greenguard Certification
Tulsa, OK, Oct. 14, 2009--Orchid Ceramics said its products are Greenguard Indoor Air Quality Certified.
Retail Sales Fall Less Than Expected in September
Washington, DC, Oct. 14, 2009--U.S. retail sale fell 1.5% in September, hurt by a slump in motor vehicle purchases as government-sponsored incentives ended, but the decline was less than expected, according to the Labor Department.
Mortgage Applications Fall as Rates Rise
Washington, DC, Oct. 14, 2009--Mortgage applications fell 1.8% last week, compared with the week before, as mortgage rates rose, the Mortgage Bankers Association reported Wednesday.