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.

OnLine Help-Wanted Ads Up in August

New York, NY, September 21, 2005--The number of new online job ads rose to 2,130,000 in the month of August, according to The Conference Board Help-Wanted OnLine Data Series™.

Patcraft Intros Strut Your Stuff

Dalton, GA, September 21, 2005--It goes without saying that a carpet with a provocative name like Strut Your Stuff should offer a visually striking profile, and that’s surely true of Patcraft Commercial Carpet’s latest offering.

Fed Hikes Rates to 3.75%

Washington, DC, September 21--The Federal Reserve raised interest rates again, saying Hurricane Katrina could fuel inflationary pressures but does not pose a persistent threat to the economy.

Omnova Posts 3Q Profit

Fairlawn, OH, September 20, 2005--Omnova Solutions Inc. posted a profit in the third quarter profit on a 2 percent jump in sales, but the company still fell short of analyst’s estimates.

Lehman Bros. Initiates Coverage on Mohawk

New York, NY, September 20, 2005--- Lehman Brothers analyst Steven A. Fockens initiated coverage of Mohawk Industries with an "equal-weight" rating. The target price was set at $89.

Turner Construction Praised in Greening the School

New York, N.Y., September 19, 2005 -- Turner Construction Company, the nation's leading general builder, received an accolade this weekend from former President Clinton at the Clinton Global Initiative Conference, held in New York City.

AIA Responds to Hurricane Katrina

Washington, D.C., September 20, 2005--As part of its on-going response to Hurricane Katrina, The American Institute of Architects (AIA) has established a number of initiatives to help architects affected by this disaster.

Housing Starts Drop 1.3% in August

Washington, DC, September 20, 2005—Housing starts were off 1.3% in August to a seasonally adjusted annual rate of 2.009 million units, according to the Commerce Department.