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.

Rating on Six Home Builders Cut

Rating on Six Home Builders Cut

New York, NY, August 29, 2007-- Fitch Ratings cut its ratings on a six home builders, citing challenges in the housing market and deterioration in builders' operating margins and credit profile.

Johnsonite Names DC Consultant

Johnsonite Names DC Consultant

Chagrin, Falls, OH, August 28, 2007—Johnsonite has named Elizabeth Turner solution development consultant for the Mid-Atlantic region.

Congoleum to Submit Compliance Plan to Amex

Congoleum to Submit Compliance Plan to Amex

Mercerville, NJ, August 27, 2007--Congoleum Corporation could be delisted from the American Stock Exchange if it does not file an adequate compliance plan with the exchange by Sept. 5.

Report: Workers Post Wage Gains in Past 12 Months

Report: Workers Post Wage Gains in Past 12 Months

Washington, DC, August 28, 2007— During the past 12 months, some 95 million working Americans, representing 82% of the workforce, received real wage gains, according to the National Association of Manufacturers’ Annual Labor Day Report.

Chain-Store Sales up 0.3% Last Week

Chain-Store Sales up 0.3% Last Week

New York, NY, August 28, 2007--Chain store sales fell 0.3% for the week ended August 25, according to the International Council of Shopping Centers-UBS Retail Chain Store Sales Index.

Report: Home Prices Post Record Decline in 2Q

Report: Home Prices Post Record Decline in 2Q

New York, NY, August 28, 2007--Data through June released today by Standard & Poor’s for its S&P/Case-Shiller Home Price Indices shows continued losses in the U.S. National Home Price Index.