Pakistan's Carpet Exports Fall 18%
Islamabad, Pakistan, Oct. 27, 2008--In July-August 2007 carpets, rugs and mates exports were $34 million compared to $28 million this fiscal year, a decline of about 18 percent.
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.
Phillipine Tile Maker Sees Slowdown Ahead
Manila, Philippines, Oct. 27, 2008--A Philippine ceramic tile manufacturer said sales growth may fall next year, citing a construction slowdown, higher costs of building materials, and consumers’ reduced purchasing power.
McGraw-Hill Forecasts 7% Construction Decline
Washington, DC, Oct. 23, 2008-- McGraw-Hill Construction forecasts a drop in overall U.S. construction starts for next year, as the tough funding environment continues, construction projects are deferred, and financial stress gradually eases.
Lower Prices Lift Home Sales to 13-Month High
Washington, DC, Oct. 24, 2008--Boosted by foreclosures and plunging prices, sales of pre-owned homes and condos rose sharply in September to the highest level in 13 months, according to the National Association of Realtors.
NWFA Program Encourages Responsible Sourcing
St. Louis, MO, Oct. 24, 2008--The National Wood Flooring Associations has begun a partnership with Scientific Certification Systems, Forest Stewardship Council, and the FSC Family Forests Alliance.
Australian Website Educates Homeowners on Flooring
Woodcroft NSW, Australia--A website Flooring2Roof.com was created to educate homeowners about various kinds of flooring.
Holiday Chain Store Sales Expected To Rise
New York, NY, Oct. 24, 2008--Chain-store sales are expected to see year-over-year sales increase of 1.7 percent for the traditional November-December season, according to the International Council of Shopping Centers.
Wear-Dated Woman To Join Bathroom Blogfest
Kennesaw, GA, Oct. 22, 2008–From Oct. 26 through Nov. 1, the Bathroom Blogfest regroups for the third year.
Brazilian Tile Firm Eyes Middle Eastern Market
Santa Gertrudes, Brazil, Oct. 24, 2008--Brazilian group Embramaco, a maker of flooring and wall tiles, wants to expand in the Middle East.
Tennant Earnings Rise on Overseas Growth
Minneapolis, MN, Oct. 24, 2008--Tennant Company reported third quarter net earnings of $14.0 million, or $0.76 per share, on net sales of $185.9 million for the third quarter ended Sept. 30.