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.
Washington, DC, May 1, 2008--U.S. construction spending fell 1.1 percent in March after February was revised higher, a Commerce Department report showed on Thursday. Private home building suffered a record decline.
LaGrange, GA, May 1, 2008--Joyce LaValle has been named senior vice president of marketing for InterfaceFLOR.
Washington, DC, May 1, 2008 - The mortgage credit crunch has spilled over into the housing production loan market, threatening to prolong the current housing downturn.
Chicago, IL, May 1, 2008--Planned layoffs in the U.S. jumped 68 percent in April from the prior month to the highest since September 2006, according to consulting firm Challenger, Gray & Christmas Inc.
Washington, DC, May 1, 2008--Soaring prices for food and energy pushed up consumer spending to a faster pace than expected last month.
Dallas, TX, April 30, 2008-- Homebuilder Centex Corporation reported a $7.34 per share loss from continuing operations for its fourth quarter ended March 31, and a $21.74 loss per share for its fiscal year.
Tehran, Iran, May 1, 2008--Carpet exports from March 21, 2007 to March 20, 2008 fell by 12 percent compared to the year before, Head of Iran’s National Carpet Center Morteza Faraji said on Wednesday.
New York, NY, May 1, 2008--The Monster Employment Index added seven points in April, as online job availability in the U.S. continued to rise moderately for the third consecutive month.
Johnson City, TN, April 30 --ArborCraft and Design Flooring Distributors Inc. have a new partnership to re-launch the Harris brand and to distribute Harris Wood products in Florida.
Washington, DC, April 30, 2008--The Federal Reserve lowered a key U.S. interest rate by a quarter percentage point on Wednesday in what could be the last of a series of cuts that began last year.