Personal Income & Spending Up in March
Washington, DC, April 29—-Personal spending and income both rose to higher-than-expected levels in March.
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.
Georgia-Pacific 1Q Earnings Up
Atlanta, GA, April 28--Georgia-Pacific reported a higher first-quarter profit as price increases helped offset higher raw material costs across its businesses.
Office Furniture Shipments Off in 1Q
New York, NY, April 28--Shipments, backlogs and incoming orders for office furniture are slowing this quarter.
Armstrong Launches Redesigned Website
Lancaster, PA, April 28--Armstrong today announced the redesign of its award-winning web site, Armstrong.com to help consumers walk through the steps necessary to find the right floor for their needs.
Help-Wanted Index Drops 2 Points
New York, NY, April 28--The Conference Board’s Help-Wanted Advertising Index – a key barometer of America’s job market – slid two points in March.
Homebuilder Beazer Earnings Off in 2Q
Atlanta, GA, April 28--Beazer Homes USA said Thursday that it swung to a loss in the fiscal second quarter after writing down the value of some underperforming operations.
CarpetsPlus Color Tile Unveils Private Labeled Har
Chattanooga, TN, April 28--CarpetsPlus Color Tile recently unveiled its new hardwood program to attending members at its annual winter convention held in Phoenix, AZ.
Centex 4Q Profit Up 23%
Dallas, TX, April 28--Centex Corp. said fourth-quarter profit surged 23 percent, driven by a greater number of home closings and higher average selling prices.
GDP Slows to 3.1% in 1Q
Washington, DC, April 28—-Gross domestic product in the first quarter grew at a 3.1% seasonally adjusted annual rate, according to estimates from the Commerce Department.
Hardwood Flooring Shipments Pulled Down By Housing
Memphis, TN, April 28--Hardwood flooring shipments for March 2005 are reported at 53,617,000 board feet, a significant drop (10.8%) from the shipments reported for the same period a year earlier.