Payrolls Add 110,000 in March
Washington, DC, April 1--The labor market added only 110,000 jobs in March, and fewer job gains were recorded in the first two months of the year than previously thought, the Labor Department said Friday.
Today's Flooring News
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Manufacturing Activity Continues to Grow in March
Tempe, AZ, April 1--The Institute for Supply Management’s index measuring manufacturing activity registered 55.2 in March, down from February's 55.3 reading.
EPA Files Asbestos Complaint Against Rhode Island
Washington, DC, April 1—-The Environmental Protection Agency has filed a complaint proposing a civil penalty of $70,535 against a Bristol, RI, flooring contractor for alleged violations of asbestos requirements under the federal Clean Air Act.
Feltex Shares Off as Company Trims Guidance
Auckland, New Zealand, April 1--Shares of Feltex Carpets Ltd., the biggest carpet maker in Australia and New Zealand, plunged 31 percent after the company cut its profit estimate.
Reid Joins StonExpress as VP Sales & Marketing
Decatur, GA, April 1 --Bill Reid has been appointed executive vice president of sales & marketing at StonExpress.
Consumer Sentiment Off in March
Ann Arbor, MI, April 1--The University of Michigan said its final measure of consumer confidence fell to 92.6 in March from 94.1 in February, according to market sources who saw the subscription-only report.
Manufacturing Activity Up in Midwest
Chicago, IL, April 1--The Purchasing Management Association of Chicago said its index of area business activity rose to 69.2 in March on a seasonally adjusted basis from 62.7 in February.
New Proposals Made Before Pergo’s Annual General M
Trelleborg, Sweden, April 1—-Prior to Pergo AB’s annual general meeting, the nomination committee the board of directors has made a variety of proposals.
Propex Announces Delay in Filing Annual Report
Austell, GA, April 1--Propex Fabrics Inc. announced that it will require additional time to complete the appraisal and revaluation of its assets under purchase accounting in connection with the company's acquisition on December 1, 2004.
Construction Spending Up 0.4% in February
Washington, DC, April 1--Construction spending rose 0.4 percent in February, according to a Commerce Department report.