Industrial Production Up 0.9% in October
Washington, DC, November 17, 2005--Industrial production rose in October as output from factories, mines and utilities rose 0.9 percent, the fastest increase since May 2004, according to the Federal Reserve.
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.
ASID Industry Sponsors Support Revitalized ASID Fo
Washington, DC, November 17, 2005--ASID industry partners are enthusiastically supporting the newly revitalized ASID Foundation, Inc., by donating luxury items for the first annual auction fundraiser.
Builder Confidence Off In November
Washington, DC, November 17, 2005 - Responding to sharply lower measures of consumer confidence as well as rising mortgage rates and other factors in recent months, single-family home builders are adjusting their market expectations downward to a still fa
Williams-Sonoma 3Q Earnings Up 30%
San Francisco, CA, November 17, 2005--Home-goods retailer Williams-Sonoma Inc. reported third quarter earnings that rose 30% to $37.1 million, or $0.31 a share, from $28.5 million, or $0.24, in the year-earlier period.
Jobless Claims Fall 25,000
Washington, DC, November 17, 2005--First-time filings for unemployment benefits dropped in the week ending Nov. 12 by 25,000 to 303,000, reaching their lowest level since April, according to the Labor Department.
Edge Flooring Acquisition Completed
Dalton, GA, November 17, 2005--Edge Flooring LLC has announced the completion of a transaction with an affiliate of Hunt Special Situations Group, a middle market private equity group.
London Court of Appeal: Unilin vs. Berry
Waregem, Belgium, November 17, 2005--On November 3, 2005, the London Court of Appeal rendered a procedural judgement in the case that Unilin had initiated back in 2003 against Berry on the basis of Unilin’s second European patent (EP 1024234).
Carpet Recycler Nycore Receives BuildingGreen Top-
Atlanta, GA, November 17, 2005--Nycore, Inc.’s, NyBacker tile backerboard, a building product produced by Nycore from recycled carpet, has received the BuildingGreen Top-10 award.
Business Inventories and Sales Up in September
Washington, Dc, November 16, 2005--Sales rose faster than inventories in September, leading stockpiles of goods to fall to record low levels, the Commerce Department said Wednesday
D.R. Horton 4Q Earnings Up 61%
Fort Worth, TX, November 16, 2005--The nation’s largest home builder, D.R. Horton, in the fourth quarter reported earnings that rose 61 percent to $563.8 million, or $1.77 per share, compared with $349.6 million, or $1.11 per share last year.