D.R. Horton Swings To Profit on Tax Benefit
Fort Worth, TX, Feb. 2, 2010--Homebuilder D.R. Horton Inc. said it swung to a quarterly profit helped by a tax gain and higher revenue.
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.
Construction Spending Falls Again in December
Washington, DC, Feb. 1, 2010--U.S. construction spending fell at a seasonally adjusted rate of 1.2% in December, the fifth decline in the past six months and the lowest rate since August 2003, the Commerce Department said.
DriTac Names Hall Vice President of Sales
Clifton, NJ, Feb. 1, 2010--DriTac Flooring Products has promoted Chuck Hall to vice president of sales.
Incomes, Consumer Spending Rise in December
Washington, DC, Feb. 1, 2010--Incomes rose more than expected in December and consumer spending increased for the third straight month, the Commerce Department said
Manufacturing Improves Substantially in January
Washington, DC, Feb. 1, 2010--Manufacturing improved markedly in January, the Institute for Supply Management reported Monday.
Congoleum Reaches Insurance Settlement
Mercerville, NJ, Feb. 1, 2010--Congoleum Corporation said it has reached a settlement with nine insurance groups and the New Jersey insurance guaranty associations.
NALFA Names Lammy Award Nominees
Las Vegas, NV, Feb. 1, 2010--The North American Laminate Flooring Association has named the nominees for the 2009 Lammy Awards.
GDP Grows at Fastest Pace in Six Years in Q4
Washington, DC, Jan. 29, 2010--The U.S. economy grew at the fastest pace in six years during the fourth quarter of 2009, according to data released Friday by the Commerce Department.
Consumer Sentiment at Two-Year High
Ann Arbor, MI, Jan. 29, 2010--U.S. consumer sentiment improved in January to its highest level in two years.
Fed Chairman Bernanke Wins Another Term
Washington, DC, Jan. 29, 2010--The Senate voted 70 to 30 on Thursday to confirm Ben Bernanke as chairman of the Federal Reserve for another four-year term.