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The number of Americans filing first-time claims for jobless benefits took an unexpectedly sharp plunge last week, reaching a level not seen since before the economy entered recession in 2001, a government report showed on Thursday.

The services sector increased its pace of expansion in October, according to an Institute of Supply Management report.

Icoworks Inc.'s wholly owned subsidiary, Icoworks Eastern Limited ("Icoworks"), has acquired the hardwood flooring inventories of Janus Flooring Corp., as well as the equipment and other contents of its hardwood flooring manufacturing plant, and anticipates liquidating the inventory for total gross sales of approximately CDN $3.2 Million.

The Dixie Group Inc. has rescheduled the date of its third quarter earnings release and analyst conference call.

On Oct. 21, the American Floorcovering Alliance held their annual Membership Meeting at the Dalton Golf and Country Club.

The 4th Annual George Buckhardt Memorial Installer Help Fund Golf Outing on Oct. 12 was a success, raising more than $10,000.

The Radiant Panel Association (RPA) has teamed up with Business News Publishing to publish the 2004 Radiant Flooring Guide.

ValueWoodFlooring.com has just re-vamped its website. Categories range to stateside versus overseas, which are then grouped by flooring type into pre-finished, unfinished, engineered, and solid styles.

The Commerce Department has reported that the total value of building projects underway came reached a seasonally adjusted $910.6 billion in September, representing a 1.3 percent jump from the previous month.

The manufacturing sector expanded strongly in October, with a fourth consecutive month of growth boding well for the overall economy in the final quarter of the year, the Institute for Supply Management reported recently.