Initial Jobless Claims Hit Six-Week Low
Washington, DC, June 24, 2010--Initial jobless applications fell by 19,000 last week to a seasonally adjusted 457,000, the lowest in six weeks, the Labor Department reported Thursday.
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.
Cali Bamboo Develops First Cork Product
San Diego, CA, June 24, 2010--Cali Bamboo has entered the cork market.
Canada Green Building Council Approves Standard
Washington, DC, June 24, 2010--The Canada Green Building Council has approved the SMaRT Consensus Standard for Certified Sustainable Products.
Builder Lennar Swings to Second-Quarter Profit
Miami, FL, June 24, 2010--Homebuilder Lennar Corp. said net income totaled $39.7 million, or $0.21 per share, in the period ended May 31 compared to a loss of $125.2 million, or $0.76 a share, the same quarter last year.
Durable Goods Orders Fall in May
Washington, DC, June 24, 2010--Durable goods orders overall fell in May but excluding transportation orders rose.
Välinge Gets U.S. Patent on Narrow Floorboards
Viken, Sweden, June 24, 2010--Välinge said it has obtained a new U.S. patent for narrow floorboards with bevels.
Architecture Billings Index Falls in May
Washington, DC, June 23, 2010--The Architecture Billings Index, a leading indicator of U.S. nonresidential construction spending, fell in May after three months of gains, according to the American Institute of Architects.
Shaw Using New Carpet Tile Recycling System
Augusta, GA, June 24, 2010--To increase its efficiency and its ability to recycle its EcoWorx carpet tiles, Shaw Industries has switched to a new shredding and granulating system that keeps temperatures lower, according to Plastics News.
H.B. Fuller Reports Higher Sales, Lower Income
St. Paul, MN, June 23, 2010--H.B. Fuller Company reported net income for the second quarter of $11.0 million, or $0.22 per share, versus $17.6 million, or $0.36 per share, in last year's second quarter.
CEOs Grow More Optimistic About Hiring
New York, NY, June 23, 2010--A new survey by the Business Roundtable shows that the number of CEOs planning to increase hiring is at the highest level since mid-2007.