Mohawk University Course Addresses Sustainability
Dalton, GA, July 22, 2009--Mohawk University is offering a new course for retailers on sustainability.
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.
ReSource Commercial Names Two Suppliers
Aurora, CO, July 22, 2009--The ReSource Commercial Flooring Network has added Mats Inc. as a ReSource Supplier partner and Protect-All as a Preferred Supplier.
Architectural Billings Index Still Seeking Bottom
Washington, DC, July 22, 2009--A leading indicator of U.S. nonresidential construction spending fell in June after rising in May, suggesting that the commercial downturn has yet to hit bottom.
May House Prices Rise From April
Washington, DC, July 22, 2009--House prices fell 5.6 percent in May from a year ago as job losses and record foreclosures kept buyers out of the market during the spring selling season.
Interest Rates Won't Be Raised Anytime Soon
Washington, DC, July 21, 2009--Federal Reserve Chairman Ben Bernanke said interest rates will stay low for an extended period even as the economy is showing “tentative signs of stabilization.”
DuPont Earnings Fall 61 Percent
Wilmington, DE, July 21, 2009--Chemical maker DuPont Co. says its earnings dropped 61 percent in the second quarter on lower sales volumes and restructuring charges.
Foreclosure Pace Hinges on Unemployment
Washington, DC, July 21, 2009--Foreclosure filings were reported on more than 1.5 million properties in the first six months of the year, a 15 percent increase over the same period of last year, according to RealtyTrac.
Teragren Offers First FloorScore Bamboo
Bainbridge Island, WA, July 21, 2009--Bamboo manufacturer Teragren said that select bamboo flooring lines now qualify for FloorScore certification through Scientific Certification Systems.
Summers Says Economy Poised To Turn This Year
Washington, DC, July 21, 2009--White House National Economic Council Director Lawrence Summers told Bloomberg News that next year’s economic growth pace is “in doubt” although growth should resume this year.
Sherwin-Williams Lowers Earnings Estimates
Cleveland, OH, July 21, 2009--Sherwin-Williams said Tuesday it expects to earn between $1.15 and $1.45 per share in the third quarter of 2009 as a slower economy continues to cut into its paint sales.