Initial Jobless Claims Rise
Washington., DC, June 1, 2006--Initial claims for unemployment benefits rose last week to the highest level since October, the Labor Department reported Thursday.
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.
BASF to Increase Styrene-Butadiene Latex Prices
Charlotte, NC., June 1, 2006 -- Effective June 19, 2006, or as contracts allow, BASF will raise prices by three cents per dry pound in the United States and Canada on all Styrofan carboxylated styrene-butadiene emulsion polymer products.
Mortgage Application Volume Declines in Latest Sur
Washington, DC, May 31, 2006--The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending May 26.
Hovnanian 2Q Earnings Off
Red Bank, NJ, May 31, 2006—Home builder Hovnanian Enterprises reported earnings for its fiscal second quarter that fell 2.3% from the year-earlier period.
Mid East's Hospitality Boom Fuels Carpet Deman
Dubai, United Arab Emirates, May 31, 2006--The Middle East's hospitality sector boom, which industry experts predict will see some US $15 billion invested in up to 2,000 new hotels throughout the region in the coming five years.
Costco’s 3Q Earnings Up
Issaquah, WA, May 31, 2006--Costco Wholesale Corp., reported third-quarter earnings that were up 12.3 percent, aided by higher sales and membership fees.
Canada's Q1 GDP Up 3.8%
Ottawa, Ontario, May 31, 2006--Canada's economy powered ahead by a stronger-than-expected 3.8 percent on an annualized basis in the first quarter, thanks to a rebound in housing investment and a pick-up consumer spending.
Free Carpet Installation Training Offered in Gulf
Biloxi, MS, May 31, 2006--Construction-related training is being offered tuition-free at Mississippi Gulf Coast Community College's Jefferson Davis Campus. The 120-hour class is part of Project Retrain, a specialized training program that teaches skil
Chicago PMI Up Again
Chicago, IL, May 31, 2006--Business activity expanded in the Chicago region for the 37th consecutive month in May, the National Association of Purchasing Managers-Chicago said Wednesday.
Laticrete Celebrates 50 Years
Orlando, FL, May 31, 2006—Laticrete International celebrated its 50th anniversary as a producer of innovative tile and stone installation systems in grand style during Coverings 2006 in Orlando, Florida.