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.
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.
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
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.
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.
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.”