Job Losses Reach Five Year High
Washington, DC, Oct. 3, 2008--The economy lost more jobs last month than in any month in more than five years.
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.
Wear-Dated, Fabrica Offer Sales Incentives
St. Louis, MO, Oct. 1, 2008 — Wear-Dated carpet fiber is teaming up with Fabrica on a new retail salesperson incentive program this fall.
Home Builders Lobbying Heavily for Bailout Package
Spring Hill, FL, Oct. 3, 2008--Home builders here and across the country are pleading with their representatives to approve the financial system bailout package.
Office Vacancy Rate Hits Two-Year High
New York, NY, Oct. 3, 2008--The U.S. office vacancy rate rose to its highest level in two years during the third quarter, according to a reported released on Friday by real estate research firm Reis Inc.
Congress Approves Historic Financial Bailout
Washington, DC, Oct. 3, 2008--Congress approved an unprecedented $700 billion government bailout of the battered financial industry on Friday.
Oakland Company Buys Rare Antique Rug Collections
Oakland, CA, Oct. 3, 2008--Claremont Rug Company has purchased three major antique Oriental rug collections, totaling nearly 200 art-quality 19th century carpets.
Tarkett Commercial Tile Gets Energy Saver Award
Houston, TX, Oct. 2, 2008 – The U.S. Department of Energy awarded Tarkett Commercial Tile with an Energy Saver Award.
Factory Orders Plunge as Credit Strains Hit
Washington, DC, Oct. 2, 2008--Orders to U.S. factories fell by the largest amount in nearly two years in August.
Forbo Completes Aquisition of Bonar Floor
Baar, Switzerland, Oct. 2, 2008--Forbo has completed the acquisition of Bonar Floor, the flooring division of the Low & Bonar PLC.
Optimism for House Bailout as Reps Switch Sides
Washington, DC, Oct. 3, 2008--The $700 billion rescue package is getting a second chance in the House as voters anxiously ponder an economic meltdown that could wipe out their ability to borrow, plunder their savings and put them out of work.