Mitsubishi Rayon to Focus on Carpet Tile
Tokyo, Dec 3--Mitsubishi Rayon Co. has decided to withdraw from the roll carpet and artificial turf businesses and focus all its carpet resources on self-adhesive tile carpets.
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.
Retail Sales Only Fair In November
New York, NY, Dec. 1--November retail sales are expected to show only moderate gains from last year's poor results as recent warm weather hurt sales of winter gear, and some shoppers hesitated amid a lack of holiday bargains.
Surfaces 2004 To Host New Education Program
Dallas, TX, Dec. 2--Surfaces 2004 continues to provide floorcovering professionals with the information they need to increase sales and profitability.
Trendex Study Takes Homeowners' Makeover Pulse
Mooresville. NC, Dec 02--A nation in love with dramatic transformations has infused the word makeover into everyday vernacular. Through its quarterly Trendex survey of 500 homeowners, Lowe's has tapped into America's preoccupation with makeover ma
Construction Spending Sets Another Record
Washington, DC, Dec. 1--Construction spending jumped an unexpected 0.9 percent in October, setting a new record for a fourth straight month.
Australian Textile Industry To Get Government Help
Sydney, Australia, Nov. 27--The Federal Government has announced a $747 million assistance package for the textiles, clothing and footwear industry (TCF).
Florida Changes Workers' Comp Law
Orlando, FL, Nov. 26--During 20 years in business for himself, Orlando tradesman Bill Miller has earned a decent living, mostly by doing repairs and other small drywall work,
National Vacancy Rates Stabilize
Boston, MA, Nov. 26--In a sign that commercial real estate markets have begun to stabilize, the national vacancy rate remained unchanged at 16.3% during the third quarter of 2003.
Durable-Goods Orders Up
Washington, DC, Nov. 26--American manufacturers saw orders for big-ticket items jump in October by the largest amount in 15 months.
Consumer Confidence Highest In 14 Months
New York, NY, Nov. 25--Consumer confidence surged to its highest level in over a year, exceeding economists' rosy expectations, as consumers grew more hopeful about the job market, a report said Tuesday.