Business Productivity Fell in Second Quarter
Washington, DC, Sept. 2, 2010--Business productivity fell a revised 1.8% in the second quarter, the biggest drop in almost four years.
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.
Initial Jobless Claims Fall
Washington, DC, Sept. 2, 2010--Initial jobless claims fell by 6,000 to 472,000 in the week ended Aug. 28, the Labor Department reported Thursday.
Planned Job Cuts Hit 10-Year Low in August
Chicago, IL, Sept. 1, 2010--The number of planned layoffs at U.S. firms decreased 17% in August from July and hit the lowest level in 10 years, according to outplacement consultancy Challenger, Gray & Christmas, Inc.
Chain Store Sales Up Over Last Year
New York, NY, Sept. 1, 2010--Weekly chain-store sales rose 2.8% from one year ago, according to the International Council of Shopping Centers (ICSC) and Goldman Sachs.
Growth Picks Up for U.S. Manufacturers
Washington, DC, Sept. 1, 2010--Growth conditions for U.S. manufacturers improved for the first time in four months, the Institute for Supply Management reported Wednesday.
Michigan Firm Makes Rug for Oval Office
Washington, DC, Sept. 1, 2010--The Oval Office has a new Michigan made rug as part of a remodeling project, according to the Detroit News.
Construction Spending in July Lowest in 10 Years
Washington, DC, Sept. 1, 2010--U.S. construction spending fell more than expected in July to its lowest rate in 10 years, according to a the Commerce Department.
Private Sector Employment Fell in August
Roseland, NJ, Sept. 1, 2010--U.S. private-sector employment fell 10,000 in August, according to the ADP employment report released Wednesday.
Shaw Sets Dates for Annual Fall Retail Promotion
Dalton, GA, Sept. 1, 2010--Shaw Floors will hold its annual fall promotion model, Fall Flooring Event 2010 September 24 through November 8.
Kronotex Beginning $45 Million Expansion
Barnwell, SC, Aug. 31, 2010--Kronotex USA Holdings said it will spend $45 million to expand its Kronotex Flooring manufacturing facility in Barnwell.