Construction Spending Up 0.4% in February
Washington, DC, April 1--Construction spending rose 0.4 percent in February, according to a Commerce Department report.
Today's Flooring News
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Construction Springs Ahead—No April Fools’ Day Jok
Washington, D.C., April 1--The Associated General Contractors of America (AGC) commented on the value of construction put in place, which soared to a 13th consecutive record of $1.047 trillion at a seasonally adjusted annual rate, as reported today
Coverings to Host Attendee Appreciation Night for
Alexandria, VA, April 1--Coverings, the ceramic tile and stone show, will host an Appreciation Night event on May 4 to honor members of the design/build community attending the show.
Sears to Layoff 250 at its Headquarters
Hoffman Estates, IL, April 1--Sears plans a layoff of 250 workers at its headquarters in this Chicago suburb, according to a report filed with the state's Department of Commerce and Economic Opportunity.
Louisiana Retailer Gets Extreme Flooring Opportuni
New Orleans, April 1--When ABC's "Extreme Makeover: Home Edition" recently came to redo a local home, the winter weather did not catch the transformative spirit of the occasion, according to the Times-Picayune.
Payrolls Add 110,000 in March
Washington, DC, April 1--The labor market added only 110,000 jobs in March, and fewer job gains were recorded in the first two months of the year than previously thought, the Labor Department said Friday.
Manufacturing Activity Continues to Grow in March
Tempe, AZ, April 1--The Institute for Supply Management’s index measuring manufacturing activity registered 55.2 in March, down from February's 55.3 reading.
EPA Files Asbestos Complaint Against Rhode Island
Washington, DC, April 1—-The Environmental Protection Agency has filed a complaint proposing a civil penalty of $70,535 against a Bristol, RI, flooring contractor for alleged violations of asbestos requirements under the federal Clean Air Act.
Feltex Shares Off as Company Trims Guidance
Auckland, New Zealand, April 1--Shares of Feltex Carpets Ltd., the biggest carpet maker in Australia and New Zealand, plunged 31 percent after the company cut its profit estimate.
Rugs with Teflon Move into the Kitchen
Atlanta, GA, March 31--Teflon, the brand associated with smart stain protection, is now available in kitchen rugs.