Initial Jobless Claims Up 3,000 Last Week
Washington, DC, December 29, 2005--New claims unemployment benefits rose 3,000 to a seasonally adjusted 322,000 in the week ending Dec. 24, the Labor Department said 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.
Existing-Home Sales Slide 1.7%
Washington, DC, December 29, 2005--Existing-home sales declined in November while home prices sustained double-digit annual gains, according to the National Association of Realtors.
Consumer Confidence Up in December
New York, December 28, 2005--The Conference Board Consumer Confidence Index, which had rebounded in November, improved further in December.
Pulte Sells Operations in Mexico
Bloomfield Hills, MI, December 28, 2005--Number two U.S. homebuilder Pulte Homes said it sold its Mexico home-building operation to investors led by affiliates of Walton Street Capital, allowing the company to focus on its U.S. expansion.
Armstrong to Cut Retention Bonuses 60% in 2006
Lancaster County, PA, December 27, 2005--Armstrong World Industries wants to eliminate next year's annual retention bonuses for about two-thirds of the employees it’s rewarding this December, apparently as a belt-tightening move.
Armstrong to Sell Lancaster Warehouse
Lancaster County, PA, December 27, 2005--Armstrong World Industries announced plans to sell its Landisville, Pa., warehouse to a New Jersey investor for $20.2 million.
Eliason Named International Design Guild President
Manchester, NH, December 23, 2005--CCA Global Partners is pleased to announce that Krista Eliason has been appointed President of International Design Guild (IDG).
Mannington Increases Prices on Commercial Sheet Vi
Salem, NJ, December 23, 2005 – Citing unprecedented cost increases over the past several months, Mannington Mills, Inc., announced today that it will be implementing a price increase on its commercial sheet vinyl and VCT products.
Shaw Receives EPA Certificate
Dalton, GA, December 22, 2005--Shaw Industries received a certificate from the Environmental Protection Agency (EPA) in recognition of outstanding leadership and personal stewardship in achieving results through cooperative conservation with Bartow County
DuPont Responds to Steelworkers Letter
Calhoun, GA, December 21, 2005--Responding to a letter sent to some 4500 retailers yesterday by The United Steelworkers (USW) union, DuPont said the letter contains inaccurate and misleading information.