Armstrong Wins Seven ADEX Awards
Lancaster, PA, June 4, 2008--Armstrong Floor Products earned seven Awards for Design Excellence (ADEX) for wood, resilient and laminate products
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.
Wootton Joins Floor Covering Institute
St Louis, MO, June 4, 2008--David Wootton and his firm, the Wootton Group LLC, have joined the Floor Covering Institute, according to Jim Gould, the institute's president and founder.
Employers Add Jobs in May, ADP Report Says
Roseland, NJ, June 4, 2008--Private employers unexpectedly added 40,000 jobs in May, according to a report on Wednesday by ADP Employer Services.
Wear Dated Launches New Website
Kennesaw, GA, June 4, 2008-- Recognizing that consumers start the carpet purchase process online, Wear-Dated has launched a new website that also reflects its award-winning By The Foot marketing campaign.
Planned Job Cuts Expand 15 Percent in May
Chicago, IL, June 4, 2008--Announced job cuts by U.S. employers increased 15 percent in May to the highest level in more than two years, according to consulting firm Challenger, Gray & Christmas.
Mortgage Refinancing Falls as Rates Rise
Washington, DC, June 4, 2008--Mortgage applications fell 15.3 percent last week on lower refinancing activity, according to the Mortgage Bankers Association Weekly Mortgage Applications Survey.
Productivity Up in First Quarter
Washington, DC, June 4, 2008--U.S. productivity rose sharply in the first quarter, according to revised government data.
Bernanke Shifts Focus to Inflation
Washington, DC, June 4, 2008--Federal Reserve Chairman Ben Bernanke said Tuesday he is worried about inflation and suggested that the Fed is done lowering interest rates.
Hovnanian Losses Multiply Over Last Year
Red Bank, NJ, June 4, 2008--Hovnanian Enterprises Inc.'s reported a second quarter net loss of $340.7 million, or $5.49 a share, compared with a net loss of $28.1 million, or 49 cents a share, a year earlier.
Home Builders See Grim Road Ahead
New York, NY, June 4, 2008--Homebuilder D.R. Horton said Tuesday the industry could face difficult conditions until 2010.