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Home » Topics » Breaking Flooring News

Breaking Flooring News
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Weekly jobless claims plunge to 17-month low

July 18, 2002
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WASHINGTON -- The number of initial jobless claims fell to their lowest level in 17 months, the Labor Department announced today.
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Housing affordability rises for early 2002

July 17, 2002
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WASHINGTON -- Favorable financing conditions and higher incomes helped make it considerably easier for American families to afford homeownership in this year's first quarter compared to the same period one year ago.
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Housing starts fall 3.6 percent in June

July 17, 2002
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WASHINGTON -- Housing starts fell 3.6 percent in June after a surge in May, the Commerce Department reported today.
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Industrial output up for sixth straight month

July 16, 2002
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WASHINGTON -- Industrial production was up in June for its sixth straight month, the Federal Reserve said today.
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Mohawk Industries Inc. announce record second quarter earnings

July 16, 2002
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CALHOUN, Ga. -- Mohawk Industries, Inc. announced record net earnings and diluted earnings per share for the second quarter of 2002.
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3M launches a greener Scotchgard

July 15, 2002
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3M is relaunching Scotchgard with greener products and expansive selection.
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Weekly jobless claims rise above 400,000

July 11, 2002
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WASHINGTON -- The number of workers applying for state unemployment aid increased last week to the highest level in six weeks, the government said today.
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Consumer debt on the rise

July 10, 2002
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Consumer credit rose at an annual growth rate of 6.8 percent in May, the strongest since a 15 percent growth rate last November.
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Judge throws out class-action suit against Armstrong

July 10, 2002
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A bankruptcy judge has thrown out a class-action lawsuit filed against Armstrong World Industries Inc. by owners of buildings containing old asbestos floors.
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May construction spending falls 0.7 percent

July 1, 2002
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Construction spending fell unexpectedly 0.7 percent in May from a record level. as both residential and nonresidential building slowed, the government reported today.
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