Oil Prices Fall Back Below $80
New York, NY, Jan. 15, 2010--Oil prices fell below $79 a barrel Friday due to a strengthening dollar and weak demand.
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.
Consumer Inflation Drops on Lower Energy
Washington, DC, Jan. 15, 2010--U.S. consumer inflation decelerated in December, the Labor Department said.
CRI Portals Plug Carpet for Healthcare, Education
Dalton, GA, Jan. 15, 2010-—The Carpet & Rug Institute has created a pair of web portals designed to offer information about carpet to school designers and administrators and the healthcare community.
Sergenian's Named Greenworks Dealer of Year
Madison, WI, Jan. 14, 2010--Sergenian’s Floor Coverings has been named the winner of the 2009 Mohawk GreenWorks Dealer of the Year Award.
December Retail Sales Higher Than 2008
Washington, DC, Jan. 14, 2009--U.S. retail sales fell 0.3% in December on weakness across different kinds of stores, the Commerce Department said.
Foreclosures Likely To Increase This Year
Irvine, CA, Jan. 14, 2010--A record 2.8 million households were threatened with foreclosure last year, according to RealtyTrac Inc.
Pergo, Classen Combine Fold-Down Patents
Kaisersesch, Germany, January 13, 2010--Classen and Pergo are combining their patents for fold-down technology and marketing them jointly worldwide.
Motz Group Acquisitions Expand Infill Business
Cincinnati, OH, Jan. 14, 2010--The Motz Group has acquired two companies to produce and process a new coated silica sand product for turf field infill, according to Cincinnati.com.
Shaw Creates Branded Fiber 'Hierarchy' Pyramid
Dalton, GA, Jan. 14, 2010--Shaw Industries said it has created a new branded fiber “hierarchy” that structures its brands in pyramid form to demonstrate their respective benefits and warranty packages.
Initial Jobless Claims Up, Surprising Economists
Washington, DC, Jan. 14, 2010--Initial jobless claims increased last week by the largest amount in five weeks.