Armstrong Workers Approve Union Contract
Beverley, WV, May 1, 2006--Union workers at one of Randolph County's largest employers have ratified a contract offer, averting a possible strike, a union official said Saturday.
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.
Iran: Controls Needed for Rug Supply
London, England, May 1, 2006--Iran controls a major portion of the world’s hand-woven carpet supply, said a carpet industry official, adding, however, that the country does not have leverage over pricing mechanisms.
Armstrong Intros New Laminate Floors
Lancaster, PA, May 1, 2006--In the era of high-definition television and digital photography, maybe we shouldn't be so surprised that Armstrong’s newest laminate floors deliver remarkable realism.
Economists Predict Soft Landing for Housing
Washington, DC, May 1, 2006--After soaring to record levels for three consecutive years, the single-family housing market is gliding toward a “soft landing” in 2006.
Personal Income, Spending, Inflation Up in March
Washington, DC, May 1, 2006--Personal incomes and consumer spending rose more than expected in March, according to a report from the Commerce Department.
Employment Cost Moderate
Washington, DC, April 28, 2006--The employment cost index, considered one of the best gauges for tracking labor-cost pressures, moderated in the first quarter to a 0.6% increase, down from a 0.8% pace in the last three months of 2005, according to a Labor
Consumer Sentiment Inches Down
Ann Arbor, MI, April 28, 2006--Consumer sentiment, according to the University of Michigan consumer sentiment index, weakened slightly in late April.
Home Builders Shares Off
New York, NY, April 28, 2006--Home-builder stocks pulled back Thursday as investors reacted to a string of earnings reports littered with order declines, missed expectations and lowered outlooks.
Anso to Hold Annual Fall Carpet Sale
Dalton, GA, April 28, 2005--Anso nylon, a premium brand of Shaw Industries external fiber sales and marketing, announces the fifth annual “Anso Nylon National Carpet Sale” to be held Sept. 1, 2006, through Oct. 16, 2006.
1Q GDP Up 4.8%
Washington, Dc, April 28, 2006--The economy the first quarter grew at an annual rate of 4.8%, the fastest growth in more than two years, according to a report issued by the Commerce Department Friday.