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.
Washington, DC, September 5, 2007--The Federal Reserve found the effects of the August credit-market rout on the broader economy to be ``limited'' beyond the housing industry, according to its regional business survey.
Dallas, TX, September 5, 2007-- Roland Thompson of Kehne’s Carpet One in Frederick, Maryland won the “Surfaces 2008 CFI Giveaway” at the 14th Annual Certified Floorcovering Installers Convention.
Chattanooga, TN, September 5, 2007--CarpetsPlus Color Tile has launched its new EcoChoice Flooring website
In the battle of the big-box home centers, homeowners give a slight preference to Lowe's Cos. (LOW) but Home Depot Inc. (HD) still gets more of their money thanks to the larger chain's convenient locations, according to a recent survey.
Tempe, AZ, September 6, 2007--Business activity in the non-manufacturing sector increased at the same rate in August as in July, according to the Non-Manufacturing ISM Report On Business.
Manchester, NH, September 6, 2007--CCA Global Partners co-founder Alan Greenberg will be remembered as one of the great visionaries in the floorcovering industry.
Washington, DC, September 6, 2007—Jobless claims fell 19,000 to 318,000 in the week ending September 2, according to the Labor Department.
Washington, DC, September 6, 2007--Productivity in the second quarter expanded at an annual rate of 2.6%, from the previous estimate of 1.8% as labor costs cooled, according to a Labor Department report.
Addison, AL, September 5, 2007--Manufactured housing maker Cavalier Homes said it no longer expects to post a fiscal third-quarter profit because of revenue and gross margin pressures resulting from tough market conditions.
Martinsville, VA, September 6, 2007--Hooker Furniture posted higher fiscal second-quarter earnings on improved profit margins and a decrease in selling, administrative and restructuring costs.