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Employment grew for the first time in seven months, beating expectations, as the jobless rate fell for a second straight month, according to the U.S. Labor Department.

Ceiling and flooring maker Armstrong Holdings Inc. reported a 17% rise in operating earnings, spurred by demand for its cabinets and easy-to-clean vinyl and laminate flooring.

Witex USA Inc. will open a new 50,000 square-foot facility in support of its newest lines of ceramic tile and wood flooring on March 15.

The U.S. Commerce Department reported that factory orders rose a higher-than-expected 1.6% in January, to a seasonally adjusted $325.8 billion, after a revised 0.7% rise in December.

The number of people applying for state unemployment benefits fell during the week ending March 2, according to the U.S. Labor Department.

Formica Corp. recently announced that it has reached agreement with its secured lender bank group on a credit facility to support its ongoing business operations.

As part of the company¿s continuing restructuring initiatives, Beaulieu Residential says it will exit the hard-surface flooring and general distribution business in the West and Southwest United States by returning those facets of its operation to the former shareholders of LDBrinkman.

Gross domestic product increased at a revised 1.4% annual rate in the last three months of 2001.

The Institute for Supply Management (ISM), formerly known as the National Association of Purchasing Management, recently reported a rise in its index of business activity.

The Commerce Department recently reported that consumer spending rose 0.4% in January.