Wools of New Zealand to Promote “Good Looks That L
Marble Hill, GA, December 1, 2005--Wools of New Zealand, along with 31 of its brand partners, will be looking good as they take to the floor for Surfaces 2006.
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.
Construction Spending Up 0.7%
Washington, DC, December 1, 2005-Spending on construction projects increased 0.7% in October as public-sector outlays jumped, the Commerce Department said Thursday.
Architecture Billings Index Up for Tenth Straight
Washington, DC, December 1, 2005--The Architecture Billings Index (ABI), a leading economic indicator of nonresidential construction activity, showed growth for the tenth consecutive month in October.
Writedown Hit New Zealand’s Feltex
Wellington, New Zealand, December 1, 2005--Carpet maker Feltex said today its 2006 result would be significantly affected by one-off writedowns and it would not be paying a dividend.
National Green Building Conference Set For March
Washington, DC, December 1, 2005--A thousand builders, remodelers, developers, architects, engineers and other home building professionals will travel to Albuquerque, N.M., for the National Green Building Conference, March 12-14, 2006.
Weekly Jobless Claims Drop Sharply
Washington, DC, December 1, 2005--First-time claims for state unemployment benefits fell 17,000 to 320,000 in the week ended Nov. 26.
Report: Home Prices Up 12%
Washington, DC, December 1, 2005--Average home prices climbed 12.02 percent over 12 months to September 30, though there was a slowdown in price rises in some hot markets.
Personal Income and Spending Up Marginally
Washington, DC, December 1, 2005--Personal incomes and spending rose modestly in October while inflationary pressures eased, according to the Commerce Department.
Low & Bonar Faces $14 Million in Fines
London, England, December 1, 2005--Flooring group Low & Bonar is facing a hefty fine after the European Commission ruled that the group was involved in a cartel in the 1990s.
ISM: Manufacturing Growth Slows
Tempe, AZ, December 1, 2005-Factory activity in the United States remained at a strong pace in November, the Institute for Supply Management reported Thursday.