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.
Today's Flooring News
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2Q GDP Expands 3.4%
Washington, DC, July 29—-GDP rose at an annual rate of 3.4% in the second quarter, according to the Commerce Department. In the first quarter, real GDP increased 3.8%.
Tile of Spain Awards of Architecture Seeking Entri
Miami, FL, July 29-- The Spanish Ceramic Tile Association (ASCER) is pleased announce the call for entries in the 4th Tile of Spain Awards of Architecture and Interior Design.
House Passes CAFTA
Washington, DC, July 28--The House narrowly approved a controversial trade agreement with Central America early Thursday, handing President Bush a hard-fought trade victory.
BlueLinx Acquires Hardwood Distributor Lane Stanto
Atlanta, GA, July 28--Building products distributor BlueLinx Holdings Inc. has purchased California-based hardwood lumber company Lane Stanton Vance (LSV).
Floor and Decor Outlets of America Completes Finan
Atlanta, GA, July 28--Floor and Decor Outlets of America announced the closing of an equity financing that will support the company's continued expansion.
Nebraska Furniture to Expand its Kansas City Locat
Kansas City, MO, July, 28--Nebraska Furniture Mart plans a $28 million expansion at its Kansas City, store that will more than double the size of the company’s warehouse, according to the Kansas City Business Journal.
Help-Wanted Ad Index Edges Up
New York, July 28--The Conference Board’s Help-Wanted Advertising Index – a key measure of job offerings in major newspapers across America – inched up in June.
Feltex Earnings Up Before Costs of Exiting Manager
Wellington, New Zealand, July 28--Feltex Carpets Ltd., a New Zealand- based carpet maker that may start merger talks with its biggest rival, said full-year earnings rose as it increased sales and reduced rebates to retailers.
Federated to Convert 330 May Stores to Macy's
Cincinnati, July 28--Federated Department Stores, Inc. will add about 330 Macy's locations nationwide in 2006 as it converts regional department store nameplates to be acquired through its pending merger with The May Department Stores Company.