Business Inventories Off 0.5%
Washington, D.C., September 15, 2005—Business inventories unexpectedly fell by 0.5% in July, led by a drop in motor vehicles and parts, the Commerce Department said Thursday.
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.
Mannington Increases Commercial and Residential Re
Salem, NJ, September 15, 2005--Mannington Mills announced today that it will be instituting a price increase across both residential and commercial resilient product lines.
Consumer Price Index Up 0.5%
Washington, D.C., September 15, 2005-- Core inflation remained contained in August, with the core consumer price index rising 0.1% for the fourth straight month, the Labor Department reported Thursday.
NRF: Retail Industry Sales Up 7.9% in August
Washington, D.C., September 15, 2005—It may have cost much more to fill up at the pump last month, but consumers were not letting that affect spending in other areas.
Total Retail Sales Off 2.1%
Washington, D.C., September 15, 2005--Retail sales fell 2.1% in August, the biggest decline in nearly four years as auto sales fell a record 12%, according to the Commerce Department.
Katrina and Commercial Real Estate
Washington, D.C., September 15, 2005--The demand for commercial real estate space has spiked in regions surrounding the Hurricane Katrina disaster zone.
ProSource Eyeing Expansion in Michigan
Detroit, MI, September 15, 2005--ProSource, the warehouse club of the flooring industry with six Michigan locations, is planning to expand its presence in the state.
Omnova Solutions Provides 3Q Guidance and Hurrican
Fairlawn, OH, September 14, 2005--- Omnova Solutions Inc. reported that it expects earnings per share for the third quarter of 2005, ending August 31, 2005, to be $0.03 with net income of $1.4 million.
CFI, WFCA Broaden Educational Focus
Kansas City, MO, September 15, 2005--“Combining their efforts, the WFCA and CFI will broaden their educational focus during the coming year, bringing events to the local areas and concentrating on large skills workshops with individual training,” accordin
Retail Sales Drop Sharply in August
Washington, D.C., September 14, 2005 --- U.S. retail sales dropped by a larger-than-expected 2.1 percent in August, the sharpest drop in almost four years, after car purchases collapsed from July's near-record level, government data showed on Wednesda