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, Oct. 23, 2008-- McGraw-Hill Construction forecasts a drop in overall U.S. construction starts for next year, as the tough funding environment continues, construction projects are deferred, and financial stress gradually eases.
Washington, DC, Oct. 24, 2008--Boosted by foreclosures and plunging prices, sales of pre-owned homes and condos rose sharply in September to the highest level in 13 months, according to the National Association of Realtors.
St. Louis, MO, Oct. 24, 2008--The National Wood Flooring Associations has begun a partnership with Scientific Certification Systems, Forest Stewardship Council, and the FSC Family Forests Alliance.
Woodcroft NSW, Australia--A website Flooring2Roof.com was created to educate homeowners about various kinds of flooring.
New York, NY, Oct. 24, 2008--Chain-store sales are expected to see year-over-year sales increase of 1.7 percent for the traditional November-December season, according to the International Council of Shopping Centers.
Kennesaw, GA, Oct. 22, 2008–From Oct. 26 through Nov. 1, the Bathroom Blogfest regroups for the third year.
Santa Gertrudes, Brazil, Oct. 24, 2008--Brazilian group Embramaco, a maker of flooring and wall tiles, wants to expand in the Middle East.
Minneapolis, MN, Oct. 24, 2008--Tennant Company reported third quarter net earnings of $14.0 million, or $0.76 per share, on net sales of $185.9 million for the third quarter ended Sept. 30.
Frankfurt, Germany, Oct. 24, 2008--Deutsche Bank downgraded shares of Pfleiderer from "hold" to "sell".
High Point, NC, Oct. 24, 2008--The High Point Market is meeting or exceeding rug exhibitors' expectations. It has been slow, according to Furniture Today.