Service Sector Slide Slows in April
Washington, DC, May 5, 2009--U.S. service industries contracted in April for the seventh straight month, but at a slower pace than in March, according to the Institute for Supply Management index released Tuesday.
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.
KeyBanc Analysts Confirm Buy on Lumber Liquidators
New York, NY, May 5, 2009--KeyBanc analysts have reiterated their 'Buy' rating on hardwood flooring firm Lumber Liquidators.
Buffett Sees Signs of Housing Market Bottom
Omaha, NE, May 4, 2009--Warren Buffett said that he sees some signs of stabilization in housing markets.
Construction Spending Rises Unexpectedly in March
Washington, DC, May 4, 2009--Construction spending rose unexpectedly in March after five straight declines, as strength in nonresidential projects and government building offset weakness in housing.
Dow Increasing Prices of Latex for Carpet Industry
Midland, MI, May 4, 2009--Dow Emulsion Polymers is increasing the prices of all styrene butadiene latex and acrylic latex products sold into the carpet industry by $0.04 per pound (dry) in the U.S. and Canada.
Pending Home Sales Rise in March
Washington, DC, May 4, 2009--The housing market improved in March, the National Association of Realtors said Monday.
Flooring Industry Employment Website Launched
Coral Springs, FL, May 4, 2009--A website dedicated to employment opportunities in the flooring industry has been established by FloorLeaders.com.
New Zealand Flooring Retailers Complete Merger
Auckland, New Zealand, May 4, 2009--Family-owned carpet retailer Hills Floorings and the group that owns Carpet Court have taken reciprocal positions on each other's boards.
UAE's RAK Ceramics Consolidates Subsidiaries
Dubai, UAE, May 4, 2009--RAK Ceramics said that its annual production capacity has now exceeded 115 million square meters through its 10 tile plants and two sanitaryware plants.
NAFCD Offers Educational Incentive Program
Chicago, IL, May 4, 2009--The Board of Directors of the North American Association of Floor Covering Distributors has announced a new Educational Incentive Program for its 2009 Annual Conference and Distributor Marketplace.