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.

Nardelli Prepares “Second Act”

Atlanta, GA, January 3, 2006--"Improve everything you touch, and every touch point is a turning point," Home Depot chairman and CEO Robert Nardelli told a crowd in the fall at the University of Southern California's Marshall School of Business.

Construction Spending Up 0.2%

Washington, DC, January 3, 2006--Construction spending increased 0.2% in November, the smallest gain since June, the Commerce Department estimated Tuesday.

Carpet Oasis Website Revamped

Dubai, United Arab Emirates, January 3, 2006--The Carpet Oasis, which is considered to be a unique international exhibition boasting over a 150,000 exhibited masterpieces of handmade carpets and antique souvenirs from all over the world, will be back this

Illegal Logging Ongoing

Jakarta, Indonesia, January 3, 2006--When the world's biggest timber smuggling operation from Papua to China was exposed last year, it marked a turning point in the fight against illegal logging, and affected the price of merbau timber, a hardwood use

Manufacturing Growth Eases in December

Tempe, AZ, January 3, 2006--Economic activity in the manufacturing sector grew in December for the 31st consecutive month, while the overall economy grew for the 50th consecutive month, say the nation's supply executives in the latest Manufacturing IS

Business Activity in Midwest Remains Strong

Chicago, IL, December 30, 2005-- Business activity in the Midwest expanded in December at a faster rate than expected, while hiring picked up a bit to reflect rising levels of new orders, a report showed on Thursday.

Online Holiday Spending Up 30%

Rochester and New York, NY, December 30, 2005--Online holiday shopping totaled $30.1 billion, excluding travel, during the 2005 holiday season, according to the Goldman, Sachs & Co., Nielsen//NetRatings and Harris Interactive fifth annual Holiday eSpendin

Malaysian Timber Exports Set Record in 2005

Malaysia, December 30, 2005—Malaysia’s timber exports are expected to reach a record RM21 billion ($5.6B) this year as global demand rises sharply following reconstruction efforts in areas struck by natural disasters.

Solutia Reports Net Income of $35M in November

Washington, DC, December 30, 2005—According to a filing with the Securities and Exchange Commission, Solutia Inc. reported net income of $35 million for the month of November, swinging from a $21 million net loss for October.