CPI Up 0.4%
Washington, DC, March 16, 2007--Keeping pressure on the Fed, U.S. consumer prices increased 0.4% in February, led by higher prices for food, energy, shelter and tobacco.
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.
Pfleiderer Seeks Arbitrator for Remaining Shares
Nuemarkt, Germany, March 16, 2007--Pfleiderer Sweden AB has, through its public cash offer for all of Pergo’s shares from January 2007, attained a shareholding exceeding 96% of all of Pergo’s shares.
Best Tile Opens New Contractor Showroom
Ludlow, MA, March 16, 2007--Best Tile Distributors of New England celebrated the grand opening of a brand new contractor specific showroom in Woburn, Massachusetts.
Houses With Wood Floors Easier To Sell
St. Louis, MO, March 16, 2007--According to a survey conducted by the National Wood Flooring Association with real estate agents, 99% agree that homes with hardwood floors are easier to sell.
Commercial Real Estate Vacancies Inch Up
Washngton, DC, March 16, 2007--As some tenants move to newly built locations, commercial real estate vacancies are rising modestly.
Director Resigns from Pergo Board
Trelleborg, Sweden, March 16, 2007--Pergo AB said today that Roger Buehler has informed the company’s board of directors of his resignation as a director of the board.
NFIB Testifies for House Small Business Committee
Washington, DC, March 15, 2007--The president of the National Federation of Independent Business, the nation's leading small-business advocacy group, testified before the House.
NAM Raises Concerns About Proposed Business Tax
Washington, DC, March 15, 2007--In testimony before the House Ways and Means Committee, a representative of the National Association of Manufacturers urged House tax-writers to avoid imposing new taxes on manufacturers.
Weekly Jobless Claims Off 12,000
Washington, DC, March 15, 2007--The number of Americans making initial applications for unemployment benefits fell by 12,000 last week to stand at 318,000, the lowest in five weeks, the Labor Department reported Thursday.
New York Manufacturing Activity Drops
Washngton, DC, March 15, 2007--Manufacturing activity in the New York area came to a virtual standstill in March, the New York Federal Reserve Bank said Thursday.