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.

Wheat Inducted Into WFCA Hall of Fame

Wheat Inducted Into WFCA Hall of Fame

Chattanooga, TN, May 1, 2008--Terry Wheat, a pioneering retailer and entrepreneur in two connected but very different ventures was inducted last night into the World Floor Covering Association (WFCA) Flooring Industry Hall of Fame.

Construction Spending Tumbles but Commercial OK

Construction Spending Tumbles but Commercial OK

Washington, DC, May 1, 2008--U.S. construction spending fell 1.1 percent in March after February was revised higher, a Commerce Department report showed on Thursday. Private home building suffered a record decline.

Planned Layoffs Surge 68 Percent in April

Planned Layoffs Surge 68 Percent in April

Chicago, IL, May 1, 2008--Planned layoffs in the U.S. jumped 68 percent in April from the prior month to the highest since September 2006, according to consulting firm Challenger, Gray & Christmas Inc.

Centex Losses Mount for Quarter, Year

Centex Losses Mount for Quarter, Year

Dallas, TX, April 30, 2008-- Homebuilder Centex Corporation reported a $7.34 per share loss from continuing operations for its fourth quarter ended March 31, and a $21.74 loss per share for its fiscal year.

Iranian Carpet Exports Down in Last 12 Months

Iranian Carpet Exports Down in Last 12 Months

Tehran, Iran, May 1, 2008--Carpet exports from March 21, 2007 to March 20, 2008 fell by 12 percent compared to the year before, Head of Iran’s National Carpet Center Morteza Faraji said on Wednesday.