Business Economists More Optimistic
Washington, DC, July 29, 2013 -- Business economists said their optimism had increased in the second quarter despite slowing sales.
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.
Tarkett Produces Recycling Program Video
Chagrin Fall, OH, July 29, 2013 -- To help architects, designers, and others understand the ease with which flooring scraps and used flooring can be reclaimed and recycled, Tarkett said it has created a ReStart video.
Confidence in Remodeling Market Rises in Q2
Washington, DC, July 26, 2013 -- Confidence in the remodeling market rebounded in the second quarter with the Remodeling Market Index rising six points to 55, according to the National Association of Home Builders.
Consumer Sentiment Rises in July
Ann Arbor, MI, July 26, 2013 -- The Thomson Reuters/University of Michigan final index of consumer sentiment rose to 85.1 in July from 84.1 in June.
Stifel Nicolaus Raises Interface Estimate
New York, NY, July 26, 2013 -- Analyst Stifel Nicolaus has raised its estimates for carpet tile maker Interface.
Tom Oreck May Buy Back Company Stores
Glenwillow, OH and Asheville, NC, July 26, 2013 –- TTI Floor Care and Tom Oreck said they are close to an agreement for the purchase of an unspecified number of Oreck retail stores by Tom Oreck.
Interface Reports Higher Income, Sales
Atlanta, GA, July 25, 2013 -- Carpet tile maker Interface, Inc. reported second quarter net income of $11.0 million, or $0.17 per share, compared with $10.3 million, or $0.16 per share, a year ago.
Builder D.R. Horton Says Orders, Sales Up
Dallas, TX, July 25, 2013 -- Homebuilder D.R. Horton reported net income of $146 million, or $0.42 per share, down from from $787.8 million, or $2.22 per share, a year earlier.
Initial Jobless Claims Edge Higher
Washington, DC, July 25, 2013 -- Initial claims for unemployment benefits last week rose by 7,000 to 343,000 from a revised 336,000 the week before, according to the Labor Department.
Durable Goods Orders Rise in June
Washington, DC, July 25, 2013 -- Durable goods order rose in June because of higher aircraft demand as orders for other goods were flat.