IndusParquet Signs Distributor Galleher
Medley, FL, June 15, 2012 -- Brazilian exotic hardwood flooring manufacturer IndusParquet has signed a distribution agreement with Galleher, expanding its presence on the west coast.
Today's Flooring News
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Factory Output Declines in May
Washington, DC, June 15, 2012 -- U.S. factory output declined in May from April, mostly due to slower production of autos, according to the Federal Reserve.
Lower Gasoline Prices Could Provide Stimulus
Washington, DC, June 15, 2012 -- If gasoline prices remain at their current levels for a year, it could translate into a $53 billion stimulus for the economy, according to CNN Money.
High Performance Subfloors Adds Distributors
Florence, AL, June 15, 2012 -- High Performance Subfloors has added two distributors.
Consumer Sentiment Falls Sharply in June
Ann Arbor, MI, June 15, 2012 -- The University of Michigan-Thomson Reuters consumer-sentiment index fell to 74.1 in the June preliminary reading, the lowest level since December.
Foreclosure Filings Up Over May, Down from 2011
Irvine, CA, June 14, 2012 -- Foreclosure filings rose 9% in May, compared with April, but were down 4% compared with the same month last year, according tracking firm RealtyTrac.
Mannington Names Design Challenge Winner
Chicago, IL, June 14, 2012 -- Mannington Commercial announced the grand prize winner in its tx:style design challenge at the NeoCon show.
Home Equity Highest Since 2008
Washington, DC, June 14, 2012 -- Home equity in the first quarter rose to the highest level since 2008, Bloomberg News reported, based on its analysis of Federal Reserve data.
Increased Trucking Shows Economic Expansion
New York, NY, June 14, 2012 -- One leading indicator of economic activity, truck shipments, show the U.S. economic expansion is continuing, according to BusinessWeek.
Initial Jobless Claims Edge Higher
Washington, DC, June 14, 2012 -- Initial jobless claims rose again last week, according to the Labor Department.