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.

Consumer Spending and Income Inch Up

Washington, DC, September 29, 2006—Consumer spending rose 0.1 percent in August, compared with a 0.8 percent gain in July, according to the Commerce Department report.

Mohawk FloorCare Essentials Listed on EPA

Dalton, GA, September 29, 2006--Mohawk FloorCare Essentials has been listed among compliant products within the U. S. Environmental Protection Agency’s “Design for the Environment” (DfE) program for formulators of chemical products.

Goldman Cuts Outlook for Home Depot & Lowe's

New York, NY, September 28, 2006--Goldman Sachs lowered earnings estimates for home improvement retailers Home Depot (HD : The Home Depot, Inc. and Lowe's Companies (LOW : Lowe's Companies, Inc. due to expectations of a continued deceleration in h

Weyerhaeuser Still Looking to Buy Homebuilders

Federal Way, WA, September 25, 2006--Weyerhaeuser says it's interested in buying private, regional homebuilders, despite a string of recent data showing the housing market has entered a sharp downturn.

Lowe's to Announces Growth Strategies at 2006

Lansdowne, VA, September 25, 2006--Lowe's will discuss how the company's culture of customer service and its key initiatives position it for continued growth it meets with analysts and investors tomorrow in Lansdowne, Va. at its annual conference.

NAM Criticizes New EPA Standards

Washington, DC, September 22, 2006--The National Association of Manufacturers today criticized the Environmental Protection Agency’s new air quality regulations for imposing significant burdens and great costs on U.S. manufacturers.

KB Home Up 6% Despite Cancellations

Los Angeles, CA, September 22, 2006--Homebuilder KB Home reported Thursday that revenue increased 6 percent during its fiscal third quarter, but noted that net home orders fell 43 percent during the period, in part due to cancellations.