4Q GDP Slows to 1.1%
Washington, DC, January 27, 2006--Growth in the economy slowed dramatically to a 1.1% annual rate in the fourth quarter, the weakest growth in three years, the Commerce Department estimated 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.
Asia Dekor Completes Particleboard Facility
Singapore, China, January 26, 2006--Asia Dekor Holdings Limited announced the completion of its particleboard production plant in Huizhou, Guangdong Province, China.
DuPont Commits to PFOA Emissions Reduction Program
Wilmington, DL, January 25, 2006--DuPont today pledged its commitment to the 2010/15 PFOA Stewardship Program announced by the U.S. Environmental Protection Agency (EPA).
Existing-Home Sales Down 5.7% in December
Washington, DC, January 25, 2006--Existing-home sales were down 5.7 percent to a seasonally adjusted annual rate of 6.60 million units in December from an upwardly revised pace of 7.00 million in November.
DuPont 4Q Earnings Drop 45%
Wilmington, DL, January 24, 2006--DuPont Co., said its fourth-quarter profit dropped 45 percent and predicted that first-quarter earnings will also decline.
Shaw Intros No Pull/No Run/No Edge Ravel Warranty
Dalton, GA, January 24, 2006--Shaw Industries has announced the introduction of a new no run/no pull/no edge ravel warranty on all of its styles backed with SoftBac® Platinum.
3M 4Q Earnings Rise 5%
St. Paul, MN, January 24, 2006--3M said its fourth-quarter earnings rose, lifted by sales increases in its industrial and display and graphics segments.
Marcus Calls Home Depot Growth Plan “Good Move”
Atlanta, GA, January 23, 2006--Home Depot co-founder Bernie Marcus on Friday said the retailer's plan to move into new businesses was "a good move" that would attract new customers, even as one analyst voiced caution.
Leading Indicators Inch Up in December
New York, NY, January 23, 2006--The Conference Board announced today that the U.S. leading index increased 0.1 percent, the coincident index increased 0.2 percent and the lagging index increased 0.1 percent in December.
First Home Depot Convenience Store Set to Open Nex
Atlanta, GA, January 20, 2006--Home Depot will open the first of four gas convenience stores, called Home Depot Fuel, in the Nashville area next month, according to the Atlanta Journal-Constitution.