Canada June Housing Starts Up
Toronto, Ontario, July 11, 2006--New home construction in Canada picked up by 4.5 percent in June to beat analysts' expectations.
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.
A New Auto Interior Company Launched in Ontario
Toronto, Ontario, July 10, 2006--Toyota Boshoku Corp., announced the establishment of a new automotive interior manufacturing company, Toyota Boshoku Canada, located in Woodstock, Ontario Canada.
Freddie Mac: Housing Market Slowing But Strong
Washington, DC, July 10, 2006--Rising interest rates and climbing energy prices have weighed on housing activity, but 2006 should still be the third strongest year on record, mortgage finance company Freddie Mac said on Monday.
Wholesale Inventories and Sales Up
Washington, DC, July 10, 2006--Wholesale inventories rose 0.8% in May while sales increased 1.6%, according to a Commerce Department report.
NAHB, Fannie Mae and Freddie Mac Hold Mid-Year Hou
Washington, DC, July 6, 2006--After several years of record levels, the housing market is showing some signs of cooling.
Wal-Mart Same-Store Sales Up 1.2%
Bentonville, AR, July 6, 2006--Wal-Mart said Thursday that total U.S. same-store sales rose 1.2 percent for the month of June, short of Wall Street expectations for a 2 percent.
IICRC to Host S500 Standard Workshops
Vancouver, WA, July 6, 2006--The Institute for Inspection, Cleaning and Restoration Certification (IICRC) today announced that it will host a series of one-day workshops across the United States.
Job Cuts Up in May
Chicago, IL, July 6, 2006---Outplacement consultant Challenger, Gray & Christmas Inc. said its figures show that companies planned 67,176 job cuts in June, a 25 per cent increase from 53,716 in May.
Federated's Same-Store Sales up 1.7% in June
Cincinnati, OH, July 6, 2006--Federated Department Stores today reported total sales of $2.367 billion for the five weeks ended July 1, 2006, an increase of 64.8 percent compared to total sales of $1.436 billion in the same period last year.
Godfrey Hirst May Be Looking at Feltex, Again
South Geelong, July 5, 2006-- Australian rival Godfrey Hirst may yet come to Feltex's rescue if the struggling carpet-maker is honest about its prospects, according to a source close to the Australian company.