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.

Study: Land Key Commodity for Homebuilders

New York, NY, January 12, 2006--McGraw-Hill Construction and Deloitte & Touche USA LLP's real estate industry group issued a new report today suggesting that a "moderate slowdown in certain regions of the U.S. housing market" appears more probable tha

SEC Opens Informal Probe of Home Depot

Washington, DC, January 12, 2006--The Securities and Exchange Commission has opened an informal investigation into charges that Home Depot Inc., inflated profits through supplier payments meant to cover the cost of damaged merchandise,

Jobless Claims Up 17,000

Washington, DC, January 12, 2006--First-time claims for unemployment benefits rose by 17,000 to a seasonally adjusted 309,000 in the week ending Jan. 7, the Labor Department said Thursday.

Q.E.P. Earnings Off in 3Q

Boca Raton, FL, January 12, 2006--Q.E.P. Co., in its third fiscal quarter reported net income of $283,000, or $0.08 per diluted share, compared with $1.2 million, or $0.33 per diluted share in the third quarter last fiscal year.

Special Events at Domotex Add Value

Hannover, Germany, January 12, 2006--A highly attractive supporting program is in store for exhibitors and visitors at the upcoming Domotex Hannover 2006 (14 - 17 January)--the leading trade show for carpets and floor coverings worldwide.

Consumer Credit Off

Washington, DC, January 11, 2006--Consumer borrowing fell in November for a second straight month, the first time that has occurred in more than 13 years.

Radiant Floor Heating Claims Energy Savings

Atlanta, GA, January 11, 2006--With natural gas prices anticipated to rise by 35 percent this winter, many Americans are looking for ways to reduce their energy consumption by using alternative heat sources.