Trade Gap Narrows
Washington, DC, April 12, 2006--The trade deficit narrowed by 4.1% in February to $65.7 billion, according to the Commerce Department.
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.
Survey: Small-Business Owner Optimism Tumbles
Washington, DC, April 12, 2006--Optimism among small-business owners took an unexpected tumble in March. The NFIB Small-Business Optimism Index lost 3.5 points, falling to 98.0 (1986=100), two points below the 30-year average.
D.R. Horton 2Q Orders Up 10%
Fort Worth, TX, April 11, 2006--Home builder D.R. Horton Inc., said that sales orders increased 10 percent in the second quarter, as the company saw growth across all regions except the Midwest.
Sears Canada CEO to Step Down
Toronto, Ontario, April 11, 2006--Sears Canada said that Brent Hollister is stepping down as president and chief executive and will leave May 9.
New Edition of Interior Design Body of Knowledge S
Chicago, IL, April 11, 2006--The Interior Design Profession’s Body of Knowledge, 2005 Edition is now available to the interior design community.
Invista Confers Antron Sustainable Flooring Perfor
Atlanta, GA, April 11, 2006--The Antron Sustainable Flooring Performance grand prize was awarded today to Weld County School District 6 in Greeley, Colorado, for carpet in two of its elementary schools that has been performing since 1975.
Foamex CFO Resigns
Linwood, PA, April 11, 2006--K. Douglas Ralph, executive vice president and chief financial officer, of Foamex International Inc., resigned by mutual agreement with the company.
New Products Pass CRI’s Seal of Approval Test
Dalton, GA, April 11, 2006--The Carpet and Rug Institute’s CRI’s Seal of Approval testing program continues to maintain growing momentum, adding two new products to the Cleaning Solutions category and one more to the Deep Cleaning Extractors category.
Consumer Borrowing Up in February
Washington, DC, April 10, 2006--Americans increased their borrowing at the slowest pace in three months in February as retail sales retreated after a weather-induced surge in January.
Canada Housing Starts Up 4%
Toronto, Ontario, April 10, 2006--Canadian housing starts rose 4 percent in March on robust activity in apartment construction, while single-family dwellings pulled back in the month, statistics showed on Monday.