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, August 10--Inbound container traffic is up at the nation’s major ports, but congestion that plagued the docks last year does not appear to have returned, according to the National Retail Federation’s new monthly Port Tracker report.
LaGrange, GA, August 10--The City of LaGrange, Georgia will launch an innovative program harvesting gas from the community landfill in September.
Cincinnati, OH, August 10--Federated Department Stores said its earnings nearly doubled in its second quarter, and the company sees sales growth picking up in the second half of the year.
Moscow, Russia, August 10--Foreign investors have found a new free niche on the Russian building materials market: Laminate manufacturing, according to RIA Novosti.
New York, NY, August 10--Applications for home mortgages fell last week, its third consecutive drop, as refinancing activity waned and interest rates reached four-month highs, industry group figures showed on Wednesday.
Washington, DC, August 10--The Federal Open Market Committee raised its target for short-term interest rates Tuesday by a quarter percentage point to 3.5% and gave no hint that it is interested in stopping anytime soon.
Washington, DC, August 9--Productivity in the second quarter rose at a 2.2% annual rate, according to the Labor Department.
New York, NY, August 9--Chain store retail sales fell 0.8 percent in the week ended Aug. 6, compared with a 0.9 percent increase the previous week, the International Council of Shopping Centers and UBS said in a joint report.
Columbia, SC, August 9--Coveright Surfaces doesn’t make hardwood flooring and cabinets, but its 145 employees in Blythewood produce the wood-grain illusion.
Washington, DC, August 9--The ASID Foundation, Inc. has named new members of its board of trustees.