Today's Flooring News

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Armstrong Operating Income, Sales, Fall in Q1

Armstrong Operating Income, Sales, Fall in Q1

Lancaster, PA, April 30, 2009--Armstrong World Industries reported that first quarter adjusted operating income from continuing operations of $3.2 million decreased 93 percent from $43.8 million a year ago.

Dow Chemical Posts Small First Quarter Profit

Dow Chemical Posts Small First Quarter Profit

Midland, MI, April 30, 2009--Dow Chemical Co. said its first-quarter profit fell 97 percent because of falling sales, job cuts, and the acquisition of specialty chemicals company Rohm & Haas.

Consumer Spending Fell in March

Washington, DC, April 30, 2009--Consumer spending took a step back in March after two steps forward in January, government data showed.

Fed Less Gloomy in Beige Book Report

Washington, DC, April 30, 2009--The Federal Reserve on Wednesday painted a less gloomy picture of the economy in its latest Beige Book, an anecdotal view of the economy in the central bank's 12 U.S. districts.