European Economy in Solid Turnaround
New York, NY, June 1, 2006--For the first time in six years, the gap between real Gross Domestic Product growth in the euro area and real GDP growth in the U.S. is expected to narrow in 2006.
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.
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.
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.
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.
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.
Armstrong Calls for Installer Certification
Lancaster, PA, May 31, 2006--In an industry crowded with flooring options but lacking in trained installers, Armstrong Floor Products issues a call to experienced flooring installers to achieve recognition and professional benefits as an Armstrong Certifi
S&P: Macy's Conversions Create Risks for Feder
Department Stores' aggressive timeline for converting its recently acquired May's department stores into Macy's could create opportunities for competitors to gain market share.
Hardwood Pro Named Green River Distributor of the
Great Barrington, MA. May 31, 2006--Green River, manufacturer of premium hardwood flooring, recently announced that Hardwood Pro has been selected as its “2005 Distributor of the Year.”
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.
Delaware Retailer Wins Small Business Award
Dover, DL, May 30, 2006--Dmitar Sijan is living the American dream. The 42-year-old Yugoslavia native came to the United States in 1991 to escape the war in his home country.