Leading Index Drops 0.5%
New York, May 17, 2007--The Conference Board announced today that the leading index decreased 0.5 percent, the coincident index increased 0.2 percent and the lagging index increased 0.2 percent in April.
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.
Online Recruitment Up
New York, May 17, 2007--Online job availability rose in 24 of the top 28 U.S. metro markets in April, according to the latest findings of the Monster Local Employment Index.
Online Retail Sales Up in 1Q
Washington, DC, May 17, 2007--Retail e-commerce sales in the first quarter were $31.5 billion, on an adjusted basis, an increase of 3.0 percent from the fourth quarter of 2006, according to the Commerce Department.
Jobless Claims Off Last Week
Washington, DC, May 17, 2007--Jobless claims fell 5,000 to 293,000 on a seasonally adjusted basis in the week ended May 12, the Labor Department said Thursday.
USGBC Seek Input for LEED for Retail Construction
Washington, DC, May 17, 2007--USGBC has invited the public to comment on the draft LEED for Retail – New Construction rating system, which has recently completed pilot testing.
Federated Posts 1Q Profit
Cincinnati, OH, May 17, 2007--Federated Department reported earnings in the first quarter of $36 million, or $0.08 per share compared with a year-ago loss of $52 million, or $0.09 cents per share, hurt by a hefty charge.
Solutia Files Amended Reorganization Plan
St. Louis, MO, May 17, 2007--Solutia Inc. said it has filed an Amended Plan of Reorganization (the ``plan'') and Disclosure Statement with the Bankruptcy Court for the Southern District of New York.
CFI-WFCA Hold Workshop for Inspectors & Sales Reps
Kansas City, MO, May 16, 2007--Installation knowledge is a hot topic for those involved in the sales, claims, contracting and inspection fields.
Industrial Production Up in April
Washington, DC, May 16, 2007--Industrial production rose 0.7 percent in April following a revised 0.3 percent decrease in March, according to a Federal Reserve report issued Wednesday.
Housing Starts Up. Permits Drop
Washington, DC, May 16, 2007--Housing starts rose 2.5 percent in April to a seasonally adjusted annual pace of 1.528 million, according to the Commerce Department.