Business Inventories Fall 0.5%
Washington, DC, October 14, 2005--Business inventories fell an unexpected 0.5% in July, led by a drop in motor vehicles and parts, according to a report from the Commerce Department.
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.
NWFA: Real Wood Floors are the Healthy Choice
St. Louis, MO, October 14, 2005--The National Wood Flooring Association (NWFA), citing the U.S. Environmental Protection Agency said that 50 million Americans suffer from allergies.
Methane Proves Smart Choice for Milliken Carpet
LaGrange, GA, October 13, 2005--Milliken Carpet's move to methane is proving to be a prescient move in an increasingly tight gas market.
Jobless Claims Fall 2,000
Washington, D.C., October 13, 2005--Initial jobless claims remained at an elevated level last week as a result of two devastating storms in the Gulf Coast.
Sears Names Executive to Head The Great Indoors
Hoffman Estates, IL, October 13, 2005--Sears has named Teresa Byrd, 56, to the post of senior vice president and general manager, The Great Indoors (TGI), effective immediately.
ServiceMagic Receives Web Marketing Association Aw
Golden, CO, October 13, 2005--ServiceMagic, Inc., the leading online marketing system for residential contractors and home service professionals, has been awarded the 2005 Outstanding Website WebAward by the Web Marketing Association (WMA).
Energy Drives Import Prices Up in September
Washington, D.C., October 13, 2005—Import prices rose 2.3% in September, according to the Department of Labor. Prices rose to their highest level in 15 years, as costs of natural gas and oil continued to rise.
Retail Profits Off in 1Q
Washington, DC, October 12, 2005--After-tax profits of retail corporations with assets of $50 million and over totaled $13.0 billion in the first quarter 2005, down $3.7 billion from the preceding quarter.
Mortgage Refinance Application Down
Washington, D.C., October 12, 2005--The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending October 7.
Report Compares European & North American Flooring
Wilmslow, U.K., October 12, 2005—Textiles Intelligence issued a research report today indicating striking differences in the structure of companies in the floorcovering sector in Western Europe compared with that of North America.