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.

Payrolls Up 56,000 in September, Unemployment Rate

Washington, DC, November 4, 2005—The unemployment rate fell to 5% in October from the 5.1% recorded in September as 56,000 jobs were added to the economy during the month, according to the Bureau of Labor Statistics.

Pending Home Sales Index Close to Record

Washington, DC, November 4, 2005--Pending home sales, a leading indicator for the housing sector, eased slightly but is at the second highest level on record, according to the National Association of Realtors.

Productivity Increases by 4.1%

Washington, DC, November 3, 2005--Productivity in the third quarter rose at an annual rate of 4.1%, according to a report from the Labor Department.

FloorExpo Groups Connect at National Conference in

Hilton Head Island, SC, November 3, 2005--The two FloorExpo divisions – Home Solutions and MultiFamily Solutions - recently met for the group’s 7th Annual National Conference at the Westin Resort Hilton Head Island.

Beazer 4Q Earnings More Than Double

Atlanta, GA, November 3, 2005--Beazer Homes USA posted earnings that more than doubled in the fourth quarter reaching $164.4 million, or $3.61 per share.

Weekly Jobless Claims Off 8,000

Washington, DC, November 3, 2005--Initial jobless claims fell 8,000 to 323,000 in the week ended October 29, according to the Labor Department.

Retailers Report Attractive Increases in October

New York, NY, November 3, 2005—Some of the nation’s major retailers reported gains in store sales rose in October, as cooler weather helped clear shelves of fall clothing and seasonal merchandise.