NAHB Sees Rising Demand for Apartments
Washington, DC, Sept. 15, 2010--The National Association of Home Builders said that current and expected demand for rental apartments improved significantly in the second quarter compared to the first quarter.
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.
Industrial Production Up Again in August
Washington, DC, Sept. 15, 2010--Industrial production was up in August and manufacturing improved for the 12th time in 14 months.
New York Manufacturing Index Shows Growth
New York, NY, Sept. 15, 2010--The New York Federal Reserve's manufacturing index fell 3 points to 4.1 for early September, a larger decline than expected.
August Retail Sales Higher Than Anticipated
Washington, DC, Sept. 14, 2010--Retail sales rose 0.4% in August, the Commerce Department said. It marked the second straight increase and was the largest gain since March.
Buffett Rules Out Double-Dip Recession
Butte, MT, Sept. 14, 2010--Warren Buffett, whose Berkshire Hathaway owns Shaw Industries, said a double dip recession won't happen.
USFloors Begins Largest Georgia Solar Project
Dalton, GA, Sept. 14, 2010--The largest solar installation in Georgia will begin this week on the roof of a warehouse owned by USFloors, according to GPB News.
Invista, DuPont Settle Three Lawsuits
Wilmington, DE, Sept. 13, 2010--Invista and DuPont said they have signed a settlement agreement that resolves three existing lawsuits between the companies.
Nydree Flooring Consolidating Manufacturing
Forest, VA, Sept. 14, 2010--Nydree Flooring said it is consolidating factory locations by moving the Forest-based manufacturing facility to Karthaus, Pennsylvania.
Cali Bamboo Product Gets 5,000+ Janka Rating
San Diego, CA, Sept. 14, 2010--Cali Bamboo said its Fossilized Bamboo Flooring line received a 5,000-plus pound Janka hardness rating.
Chain Store Sales Higher Last Week
New York, NY, Sept. 14, 2010--U.S. chain-store sales rose 2.6% last week, according to the International Council of Shopping Centers and Goldman Sachs.