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.
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.
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.
New York, NY, July 26, 2013 -- Analyst Stifel Nicolaus has raised its estimates for carpet tile maker Interface.
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.
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.
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.
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.
Washington, DC, July 25, 2013 -- Durable goods order rose in June because of higher aircraft demand as orders for other goods were flat.
New York, NY, July 15, 2013 -- An organization called the League of Hard Flooring Professionals, a non-profit group focused on hard surface flooring and floor care, has been formed.
Washington, DC, July 24, 2013 -- Sales of new homes rose 8.3% in June to an annual rate of 497,000, the highest level in more than five years, according to the Commerce Department.