Leading Indicators Up
New York, NY, Nov. 20--A closely watched gauge of future economic activity rose 0.4 percent in October, suggesting continued growth in the coming year.
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.
Nesting Trend Aids Home Improvement Business
Irvine, CA, Nov. 20--The nesting craze has been a boon to franchisees in business to help homeowners with projects, as mortgage refinancings keep the money flowing into repairs and improvements, according to Entrepreneur.com.
Court Moves Toward Approval Of Armstrong Reorganiz
Lancaster, PA, Nov. 20--Armstrong World Industries, Inc. the operating subsidiary of Armstrong Holdings, Inc. announced today a significant step towards ultimate approval of its Chapter 11 plan of reorganization.
Nebraska Furniture Firm Thriving In Spite Of The M
Omaha, NE, Nov. 20--The economy is still sluggish, your competitor, Nebraska Furniture Mart, is still the nation's biggest furniture store, and it's still owned by a company headed by one of the world's richest men.
Max Petrich, Former Carousel Carpet Pres., Dies
Santa Rosa, CA, Nov. 19--Max Petrich, beloved husband of the late Lucy A. Petrich, passed away on Friday, Nov. 14 in Santa Rosa, CA at the age of 76.
Builder Confidence Down Slightly
Washington, DC, Nov. 20--Builder confidence in the market for new single-family homes dipped slightly in November after reaching its highest point in nearly four years during October, the National Association of Home Builders (NAHB) reported.
G-P Director Dies While On Trip To Argentina
Atlanta, GA, Nov. 19--Georgia-Pacific director Jane Evans died suddenly while on a trip to Buenos Aires, Argentina, the company said, according to the Atlanta Journal-Constitution.
U.S. Imposes Quotas On Chinese Textile Products
Washington, DC, Nov. 18--The Bush administration, in a further escalation of trade tensions between the United States and China, announced Tuesday it had decided to impose quotas on three types of textile products.
Surfaces Exhibit Space Close To Sold Out
Dallas, TX, Nov. 19--With about two months left until the show, Surfaces--the floor covering industry’s main event--is over 90% sold out.
Court Confirms Armstrong's Reorganization Plan
Wilmington, DE, Nov. 19--The bankruptcy judge overseeing the Chapter 11 case of Armstrong World Industries said Tuesday he would recommend confirmation of the building maker's plan of reorganization.