Current Account Deficit Hits Record in 4Q
Washington, DC, March 16--The U.S. current account deficit widened to a record $187.9 billion in the fourth quarter, 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.
Carpet Cleaner Jon-Don Opens 6th Location
Garland TX, March 16--With the unveiling of the sixth store here, Jon-Don anticipates their name in the carpet cleaning, janitorial and restoration supply industry to grow stronger and more prominent than ever.
Greenspan Issues Another Social Security Warning
Washington, DC, March 16—-Fed Chairman Alan Greenspan issued a fresh call to Congress Tuesday to move promptly to put Social Security on firm financial footing.
Antron Design Award Call for Entries
Atlanta, GA, March 16--The 22nd Antron fiber Design Award competition is now accepting entries.
Laminate Growing Rapidly in China
Beijing, China, March 16—-According to China Daily, laminated floor boards are becoming increasingly popular in China.
Industrial Production Up 0.3% in February
Washington, DC, March 16--Industrial production rose 0.3 percent in February, according to a Federal Reserve report. The gain was in line with economists expectations.
BonaKemi Names Pacacha Director of Commercial Sale
Aurora, CO, March 16--BonaKemi USA has added Mark Pacacha as director of commercial sales.
Survey Finds Healthy Job Picture
Milwaukee, WI, March 15--The strong hiring activity that U.S. employers predicted for the first three months of the year is expected to continue into the second quarter.
Coverall Cleaning Names New CFO
Fort Lauderdale, FL, March 15--Coverall Cleaning Concepts has named Steve Cumbow vice president and chief financial officer.
January Business Inventories Up
Washington, DC, March 15—-Business inventories were up 0.9 percent in January, according to the Commerce Department.