Farm Bill Addresses Illegal Logging Abroad
Washington, DC, May 16, 2008--The new farm bill would strengthen rules for lumber imports in an effort to discourage environmentally destructive, illegal logging overseas.
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 Confidence Hits 28-Year Low
Ann Arbor, MI, May 16, 2008--Consumer confidence fell to its lowest level in 28 years this month, according to the Reuters/University of Michigan Surveys of Consumers.
Mohawk Names New Hard Surfaces Brand Manager
Dalton, GA, May 16, 2008—Industry veteran Ben McNabb has joined Mohawk Industries as brand manager of hard surfaces.
Karastan, Mohawk Select Opening Vegas Showroom
Dalton, GA, May 15, 2008—Karastan and Mohawk Select are opening a permanent showroom in Las Vegas.
Shaw Combining Plants in Fitzgerald, Report Says
Fitzgerald, GA, May 15, 2008--Shaw will reportedly combine plants in Fitzgerald rather than close them down.
Initial Jobless Claims Rise
Washington, DC, May 15, 2008--Initial jobless claims rose last week, and the total receiving unemployment benefits rose to the highest level in more than four years.
Inflation, Not Credit, Concern Small Business
Washington, DC, May 15, 2008--"Recession fears are spreading and the economy is showing definite signs of slowing, even on Main Street," according NFIB Chief Economist William Dunkelberg.
FieldTurf Tarkett Says It Set Production Record
Dalton, GA, May 15, 2008--FieldTurf Tarkett said it recently set a world record for the amount of synthetic turf produced in one week.
Penney's Profit Falls, Macy's Takes a Loss
New York, NY, May 15, 2008--Retailer J.C. Penney Co. reported a 50 percent drop in quarterly profit on Thursday as weak demand forced it to cut prices to clear unsold merchandise.
New York, U.S. Manufacturing Declines in May
New York, NY, May 15, 2008--New York manufacturing contracted in early May for the third time in four months, as a drop in orders caused businesses to pull back.