Monthly Inflation Down in August
Washington, DC September 15, 2006--The rate of inflation slowed to 0.2 percent in August, from July's 0.4 percent increase, according to the Labor Department's latest Consumer Price Index (CPI) readings.
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.
U.S. Retail Sales Up 0.2% in August
Washington, D.C., September 14, 2006--Americans' retail spending rose 0.2 percent in August, according to the U.S. Commerce Department. The increase was slightly higher than most experts had predicted, but was below July's 1.4 percent increase.
Välinge: Classen Stretches Scope of Patent
Viken, Sweden, September 13, 2006--Välinge Innovation AB issued a statement saying that the Classen Group had claimed to have filed a legal action against the company in Düsseldorf.
WFCA Online: Everything You Were Afraid to Ask
Anaheim, CA, September 14, 2006--The World Floor Covering Association's new website is designed to help consumers understand their flooring choices, and to see that they find reliable, trustworthy dealers. Here in brief Q&A format, are additional deta
Court Approves Congoleum Settlement
Trenton, NJ, September 13, 2006--A federal court approved a settlement that will add $16.95 million to Congoleum's trust to pay victims who were exposed to the company's asbestos-containing products.
Most Commercial Real Estate Sectors Continue to Im
Washington, DC, September 12, 2006--Most commercial real estate markets can expect tightening vacancy rates and rising rents, and large investors are pouring funds into commercial sectors.
Greenbuild Among the Fastest Growing Expos
Washington, DC, September 11, 2006--The U.S. Green Building Council's (USGBC) 2005 Greenbuild International Conference and Expo has been selected by Tradeshow Week.
Home Sales Forecast Down, Prices to Dip
Washington, DC, September 7, 2006--Home sales during the rest of the year will be lower than earlier projections as the market works its way through an inventory and price imbalance, according to the National Association of Realtors.
Home Depot Sees Slowdown in Big Projects
Atlanta, GA, September 6, 2006--Home Depot expects growth in its average purchase to slow as customers pressed by higher interest rates take on fewer costly projects such as kitchen renovations, the company's finance chief said on Wednesday.
Oriental Weavers Names Five to New Posts
Dalton, GA, September 1, 2006--Oriental Weavers North America promoted Jonathan Witt to executive vice president of marketing.