Construction Spending Off 0.3%
Washington, DC, August 1--Spending fell 0.3% in June to an annual rate of $1.1 trillion, according to the Commerce Department.
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.
Frist Intends to Have Asbestos Bill Passed this Fa
Washington, DC, August 1--Senate Majority Leader Bill Frist said on Friday he intends to get legislation creating a $140 billion asbestos victims' compensation fund approved by the chamber this autumn.
Manufacturing Activity Up in July
Tempe, AZ, August 1--Economic activity in the manufacturing sector grew in July for the 26th consecutive month, while the overall economy grew for the 45th consecutive month, say the nation's supply executives in the latest Manufacturing ISM Report On
House Passes Association Health Plan Legislation
Washington, DC, August 1--The U.S. House of Representatives on July 27 passed the Small Business Health Fairness Act (H.R. 525), a bill that permits the formation of association health plans (AHPs).
U.S. Xpress 2Q Earnings Off
Chattanooga, TN, July 29—-Trucking company U.S. Xpress Enterprises in the second quarter reported net income of $1.9 million, or $0.12 per diluted share, before a one-time pre-tax charge of $2.8 million related to the sale and exit of its airport-to-airpo
Chicago Designer Wins Patcraft’s Arizona Resort Ge
Dalton, GA, July 29–-Jeff Nelson of the Chicago design firm Techno Limited will undoubtedly enjoy the trip for two to the resort hotel and spa Fairmont Scottsdale Princess in Scottsdale, AZ, won at Patcraft Commercial Carpet’s booth during NeoCon 2005.
Godfrey Hirst Awaits Merger Talks as Feltex Trims
Victoria, Australia, July 29--Carpet-maker Godfrey Hirst, which took a 5.8 per cent stake in Feltex last month and requested merger talks, says such talks are yet to get off the ground.
Consumer Sentiment Inches Up in July
Ann Arbor, MI, July 29--Consumer sentiment rose in late July, according to the University of Michigan.
USGBC Leadership Awards Nominations Open
Washington, DC, July 29--The prestigious USGBC Leadership Awards honors outstanding individuals and organizations that are advancing green building.
2Q Employment Costs Show Moderate Increase
Washington, DC, July 29--The Labor Department reported that employment costs continued to gain moderately in the second quarter, at a 0.7 percent annual rate that matched the first quarter's pace.