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.
New York, NY, October 20, 2005--Shares of truckers Covenant Transport and US Xpress headed downhill Wednesday after an analyst downgraded both stocks on the companies' limited ability to offset higher costs.
Washington, DC, October 20, 2005--First-time jobless claims dropped by 35,000 to 355,000 in the week ending Oct. 15, according to the Labor Department.
Wellington, New Zealand, October 20, 2005--The canned merger between carpet-makers Feltex and Godfrey Hirst won't be revived, but sharing a wool-scouring facility or trading plants are options the rivals will explore within the next few weeks.
Washington, DC, October 20, 2005 — The American Institute of Architects (AIA) officially introduced the Architecture Billings Index.
New York, NY, October 20, 2005--The Conference Board announced today that the U.S. leading index decreased 0.7 percent, the coincident index decreased 0.1 percent and the lagging index increased 0.2 percent in September.
Buffalo Grove, IL, October 19, 2005--WarmlyYours, a leading manufacturer of radiant floor heating systems, has found another way to help contractors and remodelers demonstrate the comfort and luxury of radiant floor warming.
Dalton, GA, October 19, 2005--Wanda Ellis, Executive Director of American Floorcovering Alliance, has been appointed by Secretary of Commerce Carlos M. Gutierrez to serve as a member of the Exporters’ Textile Advisory Committee (ETAC).
Port Clinton, OH, October 19, 2005--Fifty years have passed since Kenneth Young opened Young's Floor Covering. There are new owners and new products, but some things remain the same.
Calabasas, CA, October 19, 2005--Ryland Group reported earnings that rose 42 percent as stronger closings lifted the homebuilder's sales by 21 percent.
Washington, DC, October 19, 2005--New housing starts in September rose 3.4% to a seasonally adjusted annualized rate of 2.108 million, according to a Commerce Department report.