Retail Sales Up Modestly in January Over 2009
New York, NY, Feb. 10, 2010--Retail sales rose for a third month in a row compared with a year earlier, according to MasterCard Advisor's SpendingPulse.
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.
Quanex Building Products Buys Hardwood Firm
Shawano, WI, Feb. 10, 2010--Quanex Building Products has purchased the flooring division of Owens Doors and Owens Flooring.
Mortgage Application Volume Falls
Washington, DC, Feb. 10, 2010--Mortgage application volume last week fell 1.2% compared with the week before, according to the Mortgage Bankers Association.
Owens Corning Glass Fiber Veils Get Greenguard OK
Toledo, OH, Feb. 10, 2010--Owens Corning said that its glass fiber veils for carpet, ceilings and flooring are the first in the glass non-woven industry to be Greenguard certified.
Online Spending Up in Q4 on Increase in Shoppers
Reston, VA, Feb. 10, 2010—U.S. online spending increased 3 percent in the fourth quarter to $39 billion, according to comScore Inc.
Trade Deficit Higher Than Expected in December
Washington, DC, Feb. 10, 2010--The U.S. trade deficit increased to $40.2 billion in December on rising oil imports, the Commerce Department reported Wednesday.
Armstrong Cutting Hardwood Production in Texas
Lancaster, PA, Feb. 9, 2010--In addition to previous reports of layoffs in Tennessee, Armstrong is also cutting hardwood production in Center, Texas.
Conference Board Employment Index Rises Again
New York, NY, Feb. 8, 2010--The Conference Board Employment Trends Index rose in January for the fifth consecutive month.
Pulte Homes Reports Smaller Quarterly Loss
Bloomfield Hills, MI, Feb. 9, 2010--Pulte Homes reported a fourth quarter net loss of of $117 million, despite an increase in homebuilding revenues.
Cork Industry To Begin Public Relations Blitz
Santa Maria de Lamas, Portugal, Feb. 9, 2010--The cork industry is preparing a 20 million euro advertising campaign using cork's 'scientific background' to convince the public of its benefits, according to decanter.com.