Consumer Sentiment Off May
Ann Arbor, MI, May 26, 2006--Consumer sentiment fell in May, a report showed on Friday.
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.
Nourison Breaks Ground for New Facility
Calhoun, GA, May 26, 2006--Nourison Rug Corp., broke ground Wednesday for a 300,000-square-foot warehouse and distribution facility on U.S. 41 at Union Grove Road.
Kronospan Seeking Government Incentives
Bratislava, Slovakia, May 26, 2006--Kronospan wants to invest more than Sk12bn in Slovakia asking the government for investment incentives worth Sk3.64bn, says a document published by the Economy Ministry.
Personal Income, Spending Up Slightly
Washington, DC, May 26, 2006--Personal incomes rose 0.5 percent in April, according to the Commerce Department.
Lowe's Announces 2-for-1 Stock Split
Charlotte, NC, May 25, 2006--Lowe's board of directors has announced a two- for-one split of its common shares. Shareholders will receive one additional share for each share held as of the June 16, 2006 record date.
Help-Wanted Advertising Index Dips
New York, NY, May 25, 2006--The Conference Board Help-Wanted Advertising Index--a key measure of job offerings in major newspapers across America--dipped two points in April.
House R&D Funds Vote Cheers Manufacturers
Washington, DC, May 25, 2006--In a 404 to 20 vote yesterday, the House approved the first major increase in almost 15 years for the Department of Energy Office of Science, which is responsible for the critical national laboratory system that dates to Worl
1Q GDP Revised Up to 5.3%
Washington, DC, May 25, 2006--The economy grew at a 5.3% annual rate in the first quarter, the Commerce Department said Thursday in its first revision of gross domestic product estimates.
Lowe's Confident of 2006 Outlook
Charlotte, NC, May 25, 2006--Today at its annual meeting of shareholders, Lowe's Chairman, president and CEO Robert A. Niblock said the company remains confident in its outlook for 2006.
Existing-Home Sales Slip in April
Washington, DC, May 25, 2006--Existing-home sales eased in April on the heels of a two-month rebound, according to the National Association of Realtors.