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This industry is coming back. OK, maybe not tomorrow, next week or, truth be told, next year, but it IS coming back. Who says so? Economists, for one. Frank Ready, executive vice president, Armstrong World Industries, and CEO, North American Floor Products division, for another... more
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CONUNDRUM: American Express said business travelers could see lower airfares in 2009, but that doesn’t necessarily mean they’ll be paying less money for air travel... more
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With apologies to The Pointer Sisters, I’m so excited. Yes, I know: There’s not a lot to be excited about. But we at FCNews are working on a project I’m sure will elicit excitement from every faction of the industry... more
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CITY LIMITS: With the crisis on Wall Street and its choking traffic and its nagging crime rate, you would expect to see New York at the top of the stress barometer, right? Wrong. I don’t know why or how one measures such things, but they do and the verdict is: Chicago... more
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Walk into a World Floor Covering Association board meeting and you can’t help but be impressed. About 30 people, each successful in his or her own right, striving for the betterment of this industry... more
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BIG NUMBER: Do you wonder how much is $700 billion? That’s the amount the government paid for the Wall Street rescue, or bailout... more
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TO THE RESCUE: Second on Forbes’ list of the 400 richest Americans with personal wealth of $50 billion, Warren Buffett, chairman of Berkshire Hathaway, parent company of Shaw Industries, has come to the rescue of the financially troubled Goldman Sachs... more
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Every once in awhile you stumble onto something in this industry that makes you say, “Hmm, now that’s really different.” Sometimes it’s product; sometimes it’s not... more
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GOOD NEWS: Despite the sagging economy, a collapsed housing market and virtually all economic indicators in negative territory, many convention centers and visitor bureaus are reporting strong hotel room-night bookings for events to be held in 2009 and beyond... more
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NOT PRETTY: According to a recent survey of today’s consumers, soaring gas prices, which have moderated in August, have caused 94% of Americans to make lifestyle changes in order to control costs... more
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