Industrial Production Off
Washington, DC, October 17, 2006—Industrial output slowed sharply in September, ending the worst quarter in a year, according to a report from the Federal Reserve.
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.
Conference Board: More Corporate Boards Involved I
New York, NY, October 16, 2006--More corporate boards are becoming actively involved in providing oversight into companies' ethics and compliance programs, according to a report released today by The Conference Board.
Stanley Furniture 3Q Earnings Drop
Stanleytown, VA, October 16, 2006--Stanley Furniture Co. said Monday its third-quarter profit fell 48 percent, as homeowners held back on purchases of wooden furniture and the company incurred higher raw material, compensation and energy costs.
RadiciGroup in Beijing for “Showcase Italy”
Bergamo, Italy, October 16, 2006--From 16 to 21 October Beijing is hosting “Showcase Italy” (“Italia in Piazza”) to promote Italy and the “Made in Italy” trademark in China.
Business Inventories Up August
Washington, DC, October 13, 2006--Business inventories increased 0.6% in August, slightly slower than the 0.8% increase in sales, the Commerce Department reported Friday.
Utah Dealer Opens with 12,500 sq. ft. showroom
Layton, UT, October 13, 2006--Todd Walker has opened a new 12,500-square-foot flooring showroom to the public.
Import Prices Off
Washington, DC, October 13, 2006--Led by a drop in the cost of imported oil, the prices of goods imported into the U.S. fell 2.1% in September, the first drop since March and the biggest since April 2003.
NRF Announces New Formats for Online Advertising
New York, NY, October 10, 2006--Standard data exchange formats designed to simplify online advertising were announced today in New York City at the annual convention of Shop.org,
NAM: Renewing Expired R&D Credit a Priority for Co
Washngton, DC, October 11, 2006--The President of the National Association of Manufacturers (NAM) today pressed Congress to renew the tax credit that encourages U.S. research and development.
Chain Sales Sales Up Last Week
New York, NY, October 10, 2006--Chain store sales for the week ended Oct. 7 rose 0.5% on a week-over-week basis, according to a survey released Tuesday by the International Council of Shopping Centers and UBS Securities.