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.

3M 4Q Earnings Rise 5%

St. Paul, MN, January 24, 2006--3M said its fourth-quarter earnings rose, lifted by sales increases in its industrial and display and graphics segments.

Marcus Calls Home Depot Growth Plan “Good Move”

Atlanta, GA, January 23, 2006--Home Depot co-founder Bernie Marcus on Friday said the retailer's plan to move into new businesses was "a good move" that would attract new customers, even as one analyst voiced caution.

Leading Indicators Inch Up in December

New York, NY, January 23, 2006--The Conference Board announced today that the U.S. leading index increased 0.1 percent, the coincident index increased 0.2 percent and the lagging index increased 0.1 percent in December.

Domotex 2006 Attendance Up 10.6%

Hannover, Germany, January 19, 2006--Domotex Hannover 2006 attracted more visitors than ever before. Over 48,500 professionals flocked to the world's largest trade fair for carpets and floor coverings. This represented a 10.6% increase over last year.

Corn Fuel Demand Rises

New York, January 16--The demand for ethanol made from corn is on the rise as oil prices remain aloft, and new state environmental regulations require more ethanol to be mixed with gasoline, according to a New York Times report.

Group Sees 'Subdued' Retail Sales in 2006

New York, NY, January 16--According to the trade group the National Retail Federation, a slowdown in the housing market and rising energy costs will likely cause 'subdued' retail sales growth in 2006.