Productivity Growth Slows in 3Q
Washington, DC, November 4--Productivity slowed in the third quarter to a 1.9 percent annual rate, but was still faster than expected, a preliminary government report showed on Thursday.
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.
Armstrong’s 3Q Income Up
Lancaster, PA, November 5--Armstrong Holdings, Inc. yesterday reported third quarter 2004 net sales of $893.5 million, a 4.9% increase over third quarter net sales of $851.4 million in 2003.
Tarkett Commercial Recolors Optima Line
Houston, TX, November 3--To stay on top of the current trends in the commercial marketplace Tarkett Commercial has worked worldwide to study design trends.
Rebounding Job Markets Good News For Housing
Washington, November 2--While some of the nation’s job markets continue to be weak, at least 18 states have already surpassed their pre-recession employment peaks and others are in position to catch up fast, and that bodes well for housing demand.
Martha’s Furniture Selling Well as She Sits in Jai
New York, October 26--While Martha Stewart lives in a prison where sleeping in a bottom bunk is considered a luxury, her furniture line is selling like World Series tickets.
Iranian Organization: Persian Carpets Losing Appea
London, England, October 25--An Iran Small Industries Organization official said that fine Persian carpet has lost some of its international markets due to state negligence.
Carpet Sells for $22,900 at Auction
Norwich, England, October 22--Two paintings expected to make the highest prices at a Norfolk auction were unexpectedly upstaged today – by a carpet, according to EDP24.
Leading Indicators Off for 4th Consecutive Month
New York, October 21-- The Conference Board announced today that the U.S. leading index decreased 0.1 percent, the coincident index increased 0.2 percent and the lagging index remained unchanged in September.
Australian Tile Company Closing its Doors
Melbourne, Australia, October 20--Ceramic tile maker Johnson Tiles is closing most of its manufacturing operations in Australia, resulting in the loss of 60 jobs from its Bayswater factory in Melbourne's outer east.
Pakistan’s Q1 Carpet Exports Up 16%
Lahore, Pakistan October 19—Pakistan carpet exports in the first quarter (July-September) period of the current fiscal year have shown a substantial increase both in dollar and rupee terms as compared to the same period last year.