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.
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.
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.”
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.
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
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.
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.
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.