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, November 4, 2005—The unemployment rate fell to 5% in October from the 5.1% recorded in September as 56,000 jobs were added to the economy during the month, according to the Bureau of Labor Statistics.
Washington, DC, November 4, 2005--The benchmark 30-year fixed-rate mortgage average was up in the week ending Thursday, rising to 6.31% from 6.15% a week ago, said Freddie Mac.
Columbus, OH, November 4, 2005 - Retail Forward's Future Spending Index registered an improvement this month following October's falloff.
Lenoir, NC, November 4, 2005--Broyhill Furniture, a unit of Furniture Brands International, said it would close two facilities in North Carolina, eliminating 421 jobs, or about 13% of the brand's workforce.
Bellevue, WA November 3, 2005--While iFLOOR.com continues to rise to the challenge of meeting the demands of a high-pressure business world, the world's largest online flooring company never strays away from its original mission.
Long Island City, NY, November 3, 2005—Prestige Mills, Inc. has been appointed as exclusive North American distributor for all floorcoverings produced by Belgium manufacturer, Louis de Poortere (LDP).
Viken, Sweden - November 3, 2005--Välinge announced that Forbo has become a new licensee on glue-free locking technology for floorings.
Washington, DC, November 3, 2005--Initial jobless claims fell 8,000 to 323,000 in the week ended October 29, according to the Labor Department.
New York, NY, November 3, 2005—Some of the nation’s major retailers reported gains in store sales rose in October, as cooler weather helped clear shelves of fall clothing and seasonal merchandise.
Wellington, New Zealand, November 3, 2005--Changing consumer tastes in home decor are causing problems for European and Middle Eastern carpet makers.