NAHB Survey Shows Support for Fed Housing Help
Washington, DC, March 2, 2010--Americans remain strongly committed to federal support for home buyers, according to a National Association of Home Builders survey.
Today's Flooring 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.
Economic Reports Still Trending Positive
Washington, DC, March 2, 2010--Last week's economic reports were mixed, with five of nine indicators decreasing, according to the National Association of Manufacturers.
Alliance Flooring Groups Name Retailers of Year
Chattanooga, TN, March 2, 2010--CarpetsPlus Color Tile and Carpetland USA Color Tile named their Retailers of the Year at their recent convention.
Commercial Carpets of America Gets Private Equity
McClean, VA, March 2, 2010--Commercial Carpets of America has been recapitalized by Eureka Growth Capital and Shore Points Capital.
Chain Store Sales Up Over Last Year
New York, NY, March 2, 2010--Chain-store sales for the week ended Feb. 27 rose 0.7% from the year-earlier period, according to the International Council of Shopping Centers and Goldman Sachs.
Shaw's Earnings, Revenues Slide in 2009
Omaha, NE, March 1, 2010--Shaw Industries reported net revenue of $4.01 billion in 2009, down 21 percent from the previous year's revenues of $5.05 billion.
Armstrong Adjusted Net Income Rises in 4Q
Lancaster, PA, March 1, 2010--Armstrong World Industries reported fourth quarter net sales of $653.0 million, down 8 percent, from $708.4 million in the same period for 2008.
Manufacturing Continued To Expand in February
New York, NY, March 1, 2010--The U.S. manufacturing sector expanded in February but at a slower rate than was expected, according to the Institute for Supply Management.
U.S. Construction Falls to Near Seven-Year Low
Washington, DC, March 1, 2010--U.S. construction spending in January fell to its lowest level since June 2003, hurt by a decrease in private nonresidential spending.
NALFA Develops Laminate Installation Video
Washington, DC, March 1, 2010--The North American Laminate Flooring Association has developed a video to guide proper laminate flooring installation.