Interest Hikes Halted on Economy Worries
Washington, DC, August 29, 2006--Worries about short-term damage to the economy led Federal Reserve policymakers at their August meeting to halt a more than two-year-old interest rate-raising campaign.
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.
Pergo Nets Laminate Orders in India
Mumbai, India, August 27, 2006--Pergo, a Swedish brand of floor laminates, has bagged orders from DLF-West end Heights, Gurgaon, and NIHO Construction-Scottish Gardens, New Delhi.
BonaKemi USA Offers Spanish Tech Support
Aurora, CO, August 28, 2006--BonaKemi USA, a leader in hardwood floor finishing and floor care, announced the addition of Spanish/English services to its technical support line.
Home Depot OKs Additional $3.5B for Share Buyback
Atlanta, GA, August 24, 2006--Home Depot Inc., late Thursday said it has approved an additional $3.5 billion to repurchase shares, bringing the total authorized under the program to $17.5 billion
Canada Leading Indicator Up
Ottawa, Ontario, August 23, 2006--Canada's composite leading indicator rose 0.2 percent in July as expected, the lowest monthly increase so far this year.
Architecture Billings Index Rebounds
Washington, DC, August 23, 2006--A modest increase in the July Architecture Billings Index (ABI), a leading economic indicator of nonresidential construction activity, counters the previous two months that showed slightly negative scores.
Carpet One Floor & Home Renovates Online Universit
Manchester, NH, August 23, 2006--Carpet One Floor & Home recently re-launched their OnLine University (OLU) with a new design and innovative learning strategy.
International Design Guild Recognizes Key Members
Manchester, NH, August 23, 2006--Members of International Design Guild, an alliance of luxury floor covering showrooms, met for a 3-day Global Summit and Convention at The Adam’s Mark hotel in Denver.
Congoleum Enhances Higher-End Plank Resilient
Mercerville, NJ August 21, 2006--In keeping with emerging consumer tastes, Congoleum has enhanced the entire line of its popular Forum Plank luxury tile wood series and simultaneously broadened the collection.
Retailers’ IT Budgets Increasing on Security and N
Washington, DC, August 21, 2006--Retailers are expected to show healthy IT budget and capital expenditure growth in 2006, according to the third annual Retail IT Budgeting Study conducted by National Retail Federation (NRF) and AMR Research.