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.
Reston, VA, December 21, 2006--Estimates for consumer online non-travel retail spending at U.S. web sites for the 2006 holiday season through Monday, December 18, according to ComScore Networks, reached $20.65 billion, marking a 25-percent increase versus
Washington, DC, December 20, 2006--A new Center for Responsible Lending (CRL) study reveals that 2.2 million American households will lose their homes and as much as $164 billion due to foreclosures in the subprime mortgage market.
New York, NY, December 19, 2006--Home-renovation spending in the U.S. will set records this year and next as a slump in housing demand prompts owners to improve properties instead of selling, according to a Fitch Ratings forecast.
Grand Rapids, MI, December 18, 2006--Steelcase Inc. said its fiscal third-quarter earnings more than doubled, due mostly to gains in international markets.
San Jose, CA, December 18, 2006--At a November 21st hearing, the San Jose City Council voted unanimously to require the U.S. Green Building Council's Leadership in Energy & Environmental Design (LEED) Silver standard for new city facilities.
Washington, DC, December 15, 2006--Industrial production rose by an overall 0.2% in November, as the auto sector showed signs of life after sharp declines in the past two months, the Federal Reserve said Friday.
Dalton, GA, December 15, 2006--The president and CEO of rug producer and importer Kaleen, Radhe Rathi has been named president and CEO of Rathi Family Holdings which include The Manmohan Group, Mauldur Fabrics, Kaleen Worldwide, and Rathi Holdings.
Washington, DC, December 14, 2006--The prices of goods imported into the U.S. rose 0.2% in November, as prices for imported petroleum fell but prices for imported natural gas skyrocketed.
Washington, DC, December 14, 2006--The number of Americans filing for first-time state unemployment benefits fell to its lowest level since mid-October, indicating a somewhat tighter labor market, the Labor Department reported Thursday.
Washington, DC, December 14, 2006--The commercial real estate markets are continuing to grow with record investment, and individual sectors in many areas are seeing tighter vacancy rates and higher rents, according to the latest Commercial Real Estate Out