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.

European Economy in Solid Turnaround

New York, NY, June 1, 2006--For the first time in six years, the gap between real Gross Domestic Product growth in the euro area and real GDP growth in the U.S. is expected to narrow in 2006.

Initial Jobless Claims Rise

Washington., DC, June 1, 2006--Initial claims for unemployment benefits rose last week to the highest level since October, the Labor Department reported Thursday.

BASF to Increase Styrene-Butadiene Latex Prices

Charlotte, NC., June 1, 2006 -- Effective June 19, 2006, or as contracts allow, BASF will raise prices by three cents per dry pound in the United States and Canada on all Styrofan carboxylated styrene-butadiene emulsion polymer products.

Hovnanian 2Q Earnings Off

Red Bank, NJ, May 31, 2006—Home builder Hovnanian Enterprises reported earnings for its fiscal second quarter that fell 2.3% from the year-earlier period.

Chain Store Sales Off Last Week

New York, NY, May 31, 2006--The International Council of Shopping Centers Retail Chain Store Sales Index declined by 1.0% in the week ended May 27.

Efforts on Asbestos Bill - continued

continued - “This indicates that the long-awaited and necessary solution to the asbestos-litigation crisis is still within our grasp this year,” reads a statement from the Asbestos Alliance that is attributed to National Association of Manufacturers Exe

Tricycle to Host NeoCon Panel Discussion

Chicago, IL, May 31, 2006--Tricycle, Inc., has assembled a panel discussion for this year's NeoCon World's Trade Fair, featuring Pixar Animation Studios, LEED-CI founding chair Penny Bonda, and new carpet brand Nood Floorcovering.

Sears Expands Website

Hoffman Estates, LI, May 31, 2006—Sears today announced significant enhancements to sears.com in response to wide-ranging research.

CEO Economic Confidence Positive

San Diego, CA, May 31, 2006--Chief executives of small and mid-sized businesses say the overall U.S. economy continues to improve, but its torrid pace of growth will slow during the second half of 2006, according to the Vistage quarterly CEO survey, the V