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.

NTCA Launches Contractor Safety Program

Jackson, MS, May 11, 2006--Effective May 1st, 2006, the National Tile Contractors Association introduced its new NTCA Contractor Safety Program for tile contracting companies.

Fed Raises Rates to 5%

Washington, DC, May 10, 2006--The Federal Reserve raised interest rates by a quarter percentage point to 5% on Wednesday and left the market in the dark about whether it would raise rates again.

Mannington Offers Scholarships to Local Schools

Salem, NJ, May 11, 2006 --Taking a cue from the success of the company’s Stand On A Better World Awards program, associates at Mannington’s Salem, New Jersey, headquarters have announced the Stand On A Better World Scholarship fund, which will benefit loc

New Zealand Wool Carpet In TV Decorator Show

Atlanta, GA, May 11, 2006—This fall on Designer’s Challenge—a decorating series on Home and Garden Television (HGTV)—designer Teri Mulmed, owner of DoDaz, Inc. in Scottsdale, Arizona, takes advantage of wool’s aesthetic and functional qualities.

North Carolina Judge Bars Cleaning Firm

Raleigh, NC, May 11, 2006--A carpet and air duct cleaning company that authorities say used misleading advertisements and illegal bait-and-switch tactics has been barred from operating in North Carolina.

J.C. Penney 1Q Earnings Up

Plano, TX, May 11, 2006--J.C. Penney Co., reported a 22% jump in first-quarter earnings, helped by tighter spending controls and improved gross margins.

Wholesale Inventories Up 0.2%

Washington, DC, May 10, 2006--Wholesale inventories grew less than expected in March, pushing the inventory-to-sales ratio down after a slight uptick in the previous month.

Construction Jobs Set Record in April

Washington, D.C., May 10, 2006-- "Construction employment set a record for the 15th straight month in April," Ken Simonson, chief economist of the Associated General Contractors of America (AGC),