Today's 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.

Consumer Price Index Increased by 0.4% in April   Full Article
Washington, DC, May 17, 2016—The Consumer Price Index for All Urban Consumers increased 0.4% in April on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported.

April Industrial Production Rose by 0.7%   Full Article
Washington, DC, May 17, 2016—Industrial production increased 0.7% in April after decreasing in the previous two months, according to the Federal Reserve. Manufacturing output rose 0.3% after declining the same amount in March.

Lowe's Clears Last Hurdle in Purchase of Canada's Rona   Full Article
Ottawa, ON, May 16, 2016—Lowe’s purchase of Rona was approved by the Canadian government under the Investment Canada Act, according to the Toronto Sun.

Builder Confidence Held Steady in May   Full Article
Washington, DC, May 16, 2016—Builder confidence in the market for newly-built single-family homes remained unchanged in May at a level of 58 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI).

Kährs Reports Q1 Results, Net Sales Up 1% YOY   Full Article
Malmö, SW, May 16, 2016—Kährs net sales for Q1 2016 were $84.4 million, or earnings per share of $0.13, an increase of 1% compared with the same period in 2015 when net sales were $83.4 million, with earnings per share of $0.15.