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, January 29, 2007--The nonresidential construction market is expected to increase by almost seven percent in 2007 in inflation adjusted terms, following the growth of near six percent in 2006.
Washington, DC, January 26, 2007--Sales of new homes jumped by 4.8% in December to a seasonally adjusted annual rate of 1.12 million, the highest level since April, the Commerce Department reported Friday.
Washington, DC, January 26, 2007--Orders for durable goods jumped by 3.1% in December, led by stronger demand for airplanes and capital equipment, the Commerce Department reported Friday. Orders for new durable manufactured goods increased in most sectors
Washington, DC, January 25, 2007--Sales of existing homes fell 0.8% in December to a seasonally adjusted annual rate of 6.22 million, according to the National Association of Realtors. Sales in December were down 7.9% compared with December 2005. Invento
Mooresville, NC, January 24, 2007--As part of its strategy for long-term growth, Lowe's said it plans to expand into Mexico. The company said it expects to open three to five stores in Monterrey in 2009, representing an investment of $18 to $20 millio
Washington, D.C., January 23, 2007--The U.S. index of leading economic indicators rose 0.3% in December, the fastest pace since September, the Conference Board said Tuesday.
Anaheim, CA, January 23, 2007--A husband joining his wife, a son joining his father and a pioneering retailer all are inductees in the 2007 class entering the World Floor Covering Association (WFCA) Flooring Industry Hall of Fame this spring, according to
Atlanta, GA, January 22, 2006--Shaw Living celebrated the opening of its new state-of-the-art 12,000-square-foot showroom with an official ribbon cutting at the Atlanta International Rug Market.
Singapore, January 19, 2007--China's eighteen wood flooring enterprises including Power Dekor, Vohringer and Sichuan Shengda Wooden Products, have infringed in the flooring patent of Unilin, according to a the International Trade Commission.
Washington, DC, January 19, 2007— According to the University of Michigan, consumer sentiment improved in January to the highest level in three years. The consumer sentiment index rose to 98.0 in January from 91.7 in December.