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.

New Home Sales Up 3.5% in September

Washington, October 27--New home sales rose more than expected in September, as low mortgage rates continued to fuel the housing industry throughout most of the U.S.

Existing Home Sales Up 3.1% in September

Washington, October 25--Sales of existing single family homes were back up again in September after two consecutive monthly declines, according to the National Association of Realtors.

Designer David Michaels Establishes New Flooring L

San Diego, CA, October 21--David-Michael, an artist who has contributed his award-winning interior design talents to the Hard Rock Hotel & Casino, is launching his own brand identity with the first of many product lines.

Honeywell 3Q Earnings Up

Morris Township, NJ, October 20--Honeywell International Inc. said Wednesday that third quarter profit rose 8 percent to meet Wall Street expectations on higher sales. Quarterly earnings were up to $372 million, or 43 cents per share, from $344 million,

PPI Up 0.1% in September

Washington, October 15--Producer prices edged up just 0.1 percent in September, held back by a big energy-price drop, but the cost of non-energy items picked up steam, a government report showed on Friday.

Stark to Open Charlotte Showroom & Outlet

Charlotte, NC, October 12--A high-end carpet manufacturer with clients ranging from the White House to Hollywood plans to open a combination showroom and clearance center in Charlotte, according to the Charlotte Observer.

Senate Reaches Agreement on Corporate Tax Bill

Washington, October 11--The Senate, after a weekend of behind-the-scenes negotiations, struck a deal to allow passage of a sweeping corporate tax bill and spending measures for disaster relief and homeland security.

Toll Brothers Expects Earnings Increase in 2005

Huntingdon Valley, PA, October 6-- Luxury homebuilder Toll Brothers Inc. said it expects to see at least 30 percent growth in net income in fiscal year 2005 on strong demand for more expensive homes as maturing baby boomers enter their peak earning years.