Canada Building Permits Off
Ottawa, Quebec, November 7, 2005--The value of Canadian building permits issued in September fell, as expected, by 5.3%, from August's upwardly revised record level.
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.
Payrolls Up 56,000 in September, Unemployment Rate
Washington, DC, November 4, 2005—The unemployment rate fell to 5% in October from the 5.1% recorded in September as 56,000 jobs were added to the economy during the month, according to the Bureau of Labor Statistics.
Patcraft Intros Assortment
Dalton, GA., November 4, 2005—Assortment, one of an array of new products from Patcraft Commercial Carpet—has been designed with the big picture in mind.
Ex Feltex CEO Clings to Directorship
Wellington, New Zealand, November 4, 2005--Sam Magill is clinging to his Feltex directorship and will face shareholders at the annual meeting next month, despite a resolution to vote him off the board.
Report: Women Make Up 46% of Renovation Customers
San Diego, CA, November 4, 2005--Renovation Experts.com, a network of over 3,000 home improvement contractors, released customer profile data today showing that over 46% of their customers are women.
Faus Names Director of Human Resources
Dalton, GA, November 4, 2005--Faus Group, Inc. has named Thomas Curtis Director of Human Resources.
Pending Home Sales Index Close to Record
Washington, DC, November 4, 2005--Pending home sales, a leading indicator for the housing sector, eased slightly but is at the second highest level on record, according to the National Association of Realtors.
Freddie Mac: 30-yr Mortgage Averages Up to 6.31%
Washington, DC, November 4, 2005--The benchmark 30-year fixed-rate mortgage average was up in the week ending Thursday, rising to 6.31% from 6.15% a week ago, said Freddie Mac.
Future Spending Index Shows Encouraging Holiday Tr
Columbus, OH, November 4, 2005 - Retail Forward's Future Spending Index registered an improvement this month following October's falloff.
Broyhill to Close Two Plants
Lenoir, NC, November 4, 2005--Broyhill Furniture, a unit of Furniture Brands International, said it would close two facilities in North Carolina, eliminating 421 jobs, or about 13% of the brand's workforce.