Mohawk Names ColorCenter Dealer of the Year
Milbank, SD, February 22, 2007--Hanson Furniture and Carpet has been selected as the Mohawk ColorCenter Dealer of the Year for 2006.
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.
Interface 4Q Earnings Up
Atlanta, GA, February 22, 2007--In the fourth quarter of 2006, Interface reported net income that rose 111.5% to $12.1 million, or $0.21 per diluted share, versus net income of $5.7 million, or $0.11 per diluted share, in the 2005 fourth quarter.
Pergo 4Q Earnings Off
Trelleborg, Sweden, February 21, 2007--Pergo reported its financial results for the fourth quarter and twelve months. Net sales for the quarter were SEK 668 million (US$94.2M), verses SEK 816 million (US$116M) in the year ago period.
Forecast: Manufacturing Growth Will Trail GDP
Arlington VA, February 21, 2007--The Manufacturers AllianceI Quarterly Economic Forecast predicts that inflation-adjusted GDP growth, 3.4 percent in 2006, will slow to 2.8 percent in 2007 before rebounding to 3.2 percent in 2008.
Leading Indicators Up 0.1% in January
Washington, DC, February 21, 2007--A gauge of future economic activity points to continued modest growth in the U.S. economy.
Applications Decrease in Latest MBA Survey
Washington, DC, February 21, 2007--The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending February 16, 2007.
Study: Micro Business Execs Spend More Time Online
New York, NY, February 21, 2007—JupiterResearch has found that executives running very small businesses, also known as micro-business executives, display unique online behavior compared to other online users and small-business executives.
CPI 3% in January
Washington, DC, February 21, 2007--Consumer prices increased 0.3% in January, led by large increases in food, medical care and tobacco prices, the Labor Department reported Wednesday.
INSTALL Names Lutz to International Committee
Philadelphia, PA, February 21, 2007--A floor covering veteran from Detroit is the newest member of an international committee charged with increasing the skill of flooring installers.
Home Depot 4Q Earnings Off 28%
Atlanta, GA, February 20, 2007--Home Depot reported a 28% decline in fourth quarter net earnings.