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.

Canadian GDP Up 0.2%

Ottawa, Ontario, December 23, 2005—The Canadian economy grew 0.2 percent in October from September due in large part to an autos-driven rebound in the manufacturing sector, Statistics Canada said on Friday.

Conference Board: Energy Impact on Global Economy

New York, December 23, 2005--The energy shock to economic growth will be felt worldwide through the increasing global imbalance between high investment and low consumer spending, according to an analysis by The Conference Board.

Mohawk Trainees Experience CRI CEUs

Dalton, GA, December 23, 2005--A group of Mohawk Industry trainees recently gathered at CRI to get a taste of CRI's Continuing Education (CEU) courses.

Congoleum Announces Financing Extension, Plan Subm

Mercerville, NJ, December 22, 2005--Congoleum Corp., made several announcements regarding its financing arrangements, developments with respect to its plan of reorganization, and the appointment of two new directors.

Strong Housing Market Seen 'Simmering Down'

December 22, 2005 - Following strong growth over the past three years, home sales and housing production will ease back next year to around 2004’s historically healthy levels, according to economists participating in a teleconference hosted by the Nationa

Consumer Income and Spending Up

Washington, DC, December 22, 2005--Consumer spending was up 0.3% in November, matching a 0.3% gain in incomes, the Commerce Department said Thursday.

RD Weis Continues to Expand

Port Chester, NY--Randall Weis, President of RD Weis Companies, announced his company's acquisition, through its affiliate Bay Edge Associates, of the assets of SPECTRA Contract Flooring's Union, NJ, and New York, NY, locations

Leading Indicators Up 0.5%

New York, NY, December 22, 2005--The Conference Board announced today that the U.S. leading index increased 0.5 percent, the coincident index increased 0.2 percent, and the lagging index increased 0.6 percent in November.

Weekly Jobless Claims Off 13,000

Washington, DC, December 22, 2005--First-time applications for state unemployment benefits fell by 13,000 to a seasonally adjusted 318,000 in the week ending Dec. 17, the Labor Department reported Thursday.