Fed Official Still Sees Economy in Recovery
Helsinki, Finland, June 6, 2011 -- A top Fed official said that despite a poor jobs report on Friday that he hasn't changed his medium-term view that the economy is in a gradual recovery.
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.
Modestly Priced Homes Hardest Hit in Downturn
Cambridge, MA, June 6, 2011 -- Modestly priced homes took a harder hit than upscale homes during the downturn, according to a report from Harvard University’s Joint Center for Housing Studies.
Judge Upholds Verdict Against Empire Today
Boston, MA, June 6, 2011 -- A U.S. District Court judge upheld a jury verdict that denied claims made by Empire Today Inc. against a business competitor, National Floors Direct Inc., according to Massachusetts Lawyers Weekly.
Home Ownership Still Regarded as Good Deal
Washington, DC, June , 2011 -- The National Association of Home Builders said that a national survey looking at the value voters place on homeownership shows that most respondents still consider owning a home a good investment.
Management Fallout at Carpetright on Poor Sales
London, England, June 6, 2011 -- Carpet and flooring retailer Carpetright said that Christian Sollesse, its managing director for the UK & Ireland, has left the company.
Neuhofer Holz Names External Sales Manager
Zell am Moos, Austria, June 6, 2011 -- Flooring accessories firm Neuhofer Holz has named Dutch-born Hans Alberts as an authorized signatory who will be responsible for external sales management.
Pfleiderer's BalanceBoard Wins Design Award
Neumarkt, Germany, June 6, 2011 -- Pfleiderer in Frankfurt has received the 2011 Design Plus Award from Material Vision, awarded by the Frankfurt Exhibition Centre and the Design Council, for its BalanceBoard.
Floorcovering Upgrades Third on Priority List
New York, NY, June 6, 2011 -- Floorcovering upgrades rank third on a list of home improvement priorities, according to consumer and media research firm Scarborough Research.
Job Growth Slows in May to 54,000
Washington, DC, June 3, 2011 -- U.S. job gains fell sharply in May and the unemployment rate moved higher, the Labor Department estimated Friday.
Retail Sales Rise but Less Than Expected
New York, NY, June 3, 2011 -- Major retail chains reported a 4.9% gain in sales last month compared to a year ago, according to Thomson Reuters' survey of 24 retailers released Thursday.