New Home Construction Declines in October
Washington, DC, Nov. 17, 2010 -- New home construction fell 11.7% to an annual rate of 519,000 in October, the lowest level in 18 months, according to the Commerce Department.
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.
Architecture Billings Index Slips in October
Washington, DC, Nov. 17, 2010 -- The Architecture Billings Index, a leading indicator of U.S. commercial construction activity, fell in October as credit for building projects continues to be tight.
Fabulous Floors Magazine Sold
Ghent, NY, Nov. 16, 2010 -- Fabulous Floors magazine, a consumer flooring publication focusing on design, has been sold by Peachtree Communications.
Mannington VCT Program, Product Win Awards
Calhoun, GA, Nov. 17, 2010 -- Mannington Commercial's VCT recycling program and 25% post-consumer Premium Tile were awarded a Green Good Design Award.
Flooring Services Commercial Picks Lee
Dallas, TX, Nov. 17, 2010 -- Flooring Services Commercial has named Herb Lee as its president.
Chain Store Sales Improve from Last Year
New York, NY, Nov. 17, 2010 -- U.S. weekly chain-store sales rose by 3.4% from one year ago, according to the International Council of Shopping Centers and Goldman Sachs.
Armstrong Closing Montreal Vinyl Plant
Montreal, Quebec, Nov. 17, 2010 -- Armstrong World Industries Inc. is permanently closing its idled Montreal vinyl floor manufacturing facility in December due to market conditions, according to a story in CB Online.
NWFA Holding Three Green Sales Webinars
St. Louis, MO, Nov. 17, 2010 -- The National Wood Flooring Association said it will offer three Green Forest University webinars that will help wood flooring professionals sell their products more effectively.
F. Schmacher Names New Chief Executive
New York, NY, Nov. 17, 2010 -- F. Schumacher & Co. has named Terri Eagle president and CEO.
Home Depot Reports Higher Income, Sales
Atlanta, GA, Nov. 16, 2010 -- Home Depot reported third quarter net income rose to $834 million, or $0.51 a share, in the third quarter ended Oct. 31, from $689 million, or $0.41 a share, a year earlier.