Shutdown Sinks Consumer Confidence
New York, NY, Oct. 29, 2013 -- U.S. consumer confidence fell sharply in October as consumers turned gloomier due mostly to the government shutdown and debt-ceiling crisis, according to the Conference Board.
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.
Home Prices Rise Fastest Since 2006
New York, NY, Oct. 29, 2013 -- The S&P Case-Shiller home price index rose 0.93% in August.
NWFA Lobbies EPA on Proposed Regulations
St. Louis, MO, Oct. 29, 2013 -- The National Wood Flooring Association recently submitted commentary to the Environmental Protection Agency on its proposed regulations of formaldehyde in composite wood products.
Autos Hold Back Overall Retail Sales
Washington, DC, Oct. 29, 2013 -- Retail sales in the U.S. excluding autos climbed 0.4% in September, according to the Commerce Department.
Builder Pulte Buying Land Aggressively
Bloomfield Hills, MI, Oct. 29, 2013 -- PulteGroup Inc, the second largest U.S. home builder, reported that third quarter home sale revenues rose 21% to $1.5 billion, with the average selling price rising 11% to $310,000.
Tarkett Begins Marketing for Stock Offering
Paris, France, Oct. 29, 2013 -- Flooring maker Tarkett began marketing its planned Paris stock market listing to potential investors on Tuesday, Reuters reported.
Armstrong Sales Rise, Earnings Fall in Q3
Lancaster, PA, Oct. 28, 2013 --Armstrong World Industries reported third quarter net income of $55.9 million, down from $74 million a year ago.
Pending Home Sales Fall in September
Washington, DC, Oct. 28, 2013 -- Pending-home sales fell 5.6% in September to hit the lowest level since December, according to the National Association of Realtors.
Mats Inc. Honored by Family Business Group
Stoughton, MA, Oct. 28, 2013 -– Mats Inc. was recognized as a finalist by the Family Business Association at the annual Awards for Massachusetts event October 24.
Next Cevisama Show Set for February 11-14
Valencia, Spain, Oct. 28, 2013 -- Cevisama, the international tile and stone trade show, will hold its next edition from February 11-14 at Feria Valencia.