May Empire State Index Slips
Washington, DC, May 15, 2006--Manufacturing activity in the New York area expanded at a slower pace in May, the New York Federal Reserve Bank said Monday.
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.
Iran Loses Major Share of Carpet Market
Tehran, Iran, May 15, 2006--According to Tehran Times, lack of quality and production control has cost Iran an eighty percent loss in Afghanistan's carpet market, said a textile industry official.
Interface Rallies on Upgrade
New York, NY, May 15, 2006--Interface Inc., shares rallied on Monday, after brokerage Raymond James upgraded its rating on the company, calling a recent sell-off of its shares unjustified.
Hakatai Glass for Architects' Own Home
Ashland, OR, May 12, 2006--Hakatai Enterprises, Inc., importers and distributors of glass tile, once again teamed up in the Los Angeles area with Fung + Blatt Architects.
Second-Home Survey Shows Solid Market
Washington, DC, May 12, 2006--A new survey of second-home owners by the National Association of Realtors shows baby boomers continue to dominate the market, and a growing number of second homes--more than one in ten are owned by minorities.
Trade Gap Narrows in March
Washington, DC, May 12, 2006--The trade deficit narrowed by 5.6% in March to $62.0 billion, the Commerce Department said Friday.
Consumer Sentiment Off in May
Washington, DC, May 12, 2006--Consumer sentiment dropped in May on rising gasoline prices and a softening labor market, according to media reports Friday of proprietary research.
Fast Company to Get 2006 IIDA Star Award
Chicago, IL, May 12, 2006--The International Interior Design Association has said Fast Company magazine will be awarded the 2006 IIDA Star Award at the IIDA 12th Annual Meeting in Chicago.
Small-Business Health Plan Bill Blocked
Washington, DC, May 12, 2006--The controversial Health Insurance Marketplace Modernization and Affordability Act of 2006 failed to muster enough votes in a Senatorial procedural step, provoking criticism from Todd Stottlemyer, president and CEO of the Nat