Producer Prices Rise 0.9%
Washington, DC, May 16, 2006--Producer prices rose 0.9% in April, led by higher energy costs, but prices outside of energy were well contained, according to Labor Department data released Tuesday.
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.
RugBuddy Named to Metropolitan Home's 'Des
Atlanta, GA, May 16, 2006 -- Metropolitan Home magazine named RugBuddy to their May 2006 annual “Design 100” list -- a “quixotic collage” of interesting and unique people, places and things in the world of design.
Propex Reports 1Q Results
Chattanooga, TN, May 16, 2006--Propex Fabrics Inc., today announced 2006 first quarter financial results.
Builder Confidence Declines In May
Washington, DC, May 16, 2006--Rising mortgage rates, deepening affordability issues and the retreat of investors/speculators from the marketplace are prompting single-family home builders to further adjust their perspectives on the new-home market.
ServiceMaster CEO Resigns
Downers Grove, IL, May 16, 2006--ServiceMaster Co., said that its chairman and chief executive, Jonathan Ward, has resigned.
Wal-Mart 1Q Earnings Up
Bentonville, AR, May 16, 2006--Wal-Mart Stores eported a stronger-than-expected 6.3% increase in first-quarter profit on sales in line with Wall Street's consensus estimate.
Home Depot Tops the Boston Globe’s National 25
Boston, MA, May 16, 2006--The Boston Globe released its Globe National rankings yesterday with Home Depot landing the number one spot on a new list.
Housing Starts Off in April
Washington, DC, May 16, 2006--Housing starts fell 7.4% in April to a seasonally adjusted 1.85 million annualized units, according to the Commerce Department.
Dixie Cranks Up New Plant
Eton, GA, May 15, 2005--According to a the Chattanooga Times, the problem Dan Frierson had a year ago was one any CEO would envy--his carpet company, The Dixie Group, had too much business.