Floor and Décor Opens In Jacksonville
Jacksonville, FL, July 7--Jacksonville may lack some of the glitter and culture of the country's big cities, but let's not worry about that.
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.
Building Product Manufacturers' Sales Hinge On
Philadelphia, PA, July 7--U.S. building products suppliers' second quarter results may rest in part on the extent to which they cater to homebuilders or to household do-it-yourselfers.
Lowes: Americans Continue to Improve Their Homes
Wilksboro, NC, July 3--It's become the modern day love affair with a recurring honeymoon of decorating and maintaining. The trend toward investing in the home, routine remodeling and the desire to improve has led the American D-I-Yer to a fixation wit
Unemployment Hits 6.4 Percent, A 9-Year High
Washington, July 3--The unemployment rate climbed to 6.4 percent last month from May's 6.1 percent, according to the Labor Department. It was a much worse reading than the 6.2 percent forecast by economists.
Solutia Warns of a Wider-than-expected 2nd Qtr. Lo
St. Louis, July 3--Solutia Inc. has warned that it expects a second-quarter loss of 15 cents to 20 cents per share due to higher-than-expected raw material and energy costs and weakness in downstream nylon markets.
Economists Still Predict A Second-Half Rebound
New York, July 3--The Fed has been fanning deflation fears. The labor market is stagnant. And the war in Iraq took more air out of the economy than expected. So how are forecasters responding to the gloomy economic news? They're sticking to their call
NAHB Boosts Forecast for 2003 Sales of New Single-
Washington, July 2--The nation’s housing market should continue to provide solid support to the U.S. economy throughout the remainder of 2003 and beyond, and will likely set a new record for sales of new single-family homes this year, the National Associa
UK’s Carpetright Reports Dip in Profit
London, July 1--Britain's largest floor-covering retailer, Carpetright Plc, reported a bigger than expected dip in annual profit on Tuesday but said it expected to meet analyst earnings forecasts this year despite tough markets.
Top 20 U.S. Retailers
Chicago, July 1-- The 2003 rankings of Top 20 U.S. retailers was released this morning by Stores magazine. Rankings are based on total sales.
May Construction Spending Off 1.7 Percent
Washington, July 1--Spending on construction projects dropped in May by the largest amount in a year as builders coped with wet weather in some parts of the country as well as a sluggish economic recovery.