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.

Future Spending Index: Consumers Poised to Spend i

Columbus, OH, June 2, 2006--After tapping the brakes in May, consumers are signaling they intend to spend at a faster pace in June according to Retail Forward's Future Spending Index.

Analyst Maintains Mohawk Rating, Reduces Estimates

New York, June 2, 2006--Analysts at Stifel Nicolaus & Company maintain their "hold" rating on Mohawk Industries Inc., while reducing their estimates for the company.

Construction Spending Off in April

Washington, DC, June 2, 2006--Construction spending fell 0.1% in April, dragged down by a 1.1% drop in spending on home construction, the Commerce Department said Thursday.

Jobless Rate Falls to 4.6%, Job Growth Weak

Washington, DC, June 2, 2006--The unemployment rate ticked lower in May to 4.6% from 4.7% in April, according to the Labor Department.

TS2 Offers Special EducationalSessions for Coverin

Alexandria, VA, June 2, 2006--Exhibitors, pavilions coordinators and stand-fitters for Coverings are invited to attend TS2.

Home Prices Rising at Slower Pace

Washington, DC, June 2, 2006--Home prices rose at the slowest pace in two years in the first quarter, as some once-hot markets in California saw prices fall.

U.K. Patent County Court Denies Request

Wielsbeke, Belgium, June 2, 2006--On May 26, 2006, in a case of patent infringement on Unilin's glueless technology, The Patent County Court in London denied B&Q and Berry Floor’s request to continue enforcement of the final judgement issued on July 3