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.

Jobless Claims Fall Last Week

Jobless Claims Fall Last Week

Washington, DC, June 28, 2007-- Claims for state unemployment fell to 313,000 last week, slightly lower than expected, the Labor Department said on Thursday

1Q GDP Revised Up to 0.7%

1Q GDP Revised Up to 0.7%

Washington, DC, June 28, 2007—Gross domestic product expanded at an annual pace of 0.7 percent in the first quarter, compared with the 0.6 percent rate estimated last month.

Herman Miller Warns on 1Q Earnings Growth

Herman Miller Warns on 1Q Earnings Growth

Zeeland, MI, June 28, 2007-- Shares of Herman Miller fell in aftermarket trading Wednesday after the modern furniture maker said first-quarter earnings and revenue growth may fall below Wall Street expectations.

Iran Denies Carpet Weaving City in China

Tehran, Iran, June 28, 2007--Deputy Commerce Minister Morteza Faraji denied the establishment of a city in China named after Kashan, a major carpet producing city in Iran.

ServiceMaster Restructuring

ServiceMaster Restructuring

Downers Grove, IL,-- ServiceMaster is one of the latest companies forced to restructure the financing for its leveraged buyout.

Cavalier Gets Orders for 500 Homes

Cavalier Gets Orders for 500 Homes

Addison, AL, June 28, 2007--Cavalier Homes Inc. said it landed three contracts worth up to $24 million to build 500 homes for people displaced by Gulf Coast hurricanes.