April Consumer Credit Up 5.9%
Washington, DC, June 7, 2006--Consumers took on an extra $10.6 billion in debt in April, the most in 10 months, the Federal Reserve reported Wednesday.
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.
Feltex Sees Improved Conditions
Wellington, New Zealand, June 7, 2006--Beleaguered carpet maker Feltex is working to reduce its debt and has assured shareholders that market conditions are continuing to improve.
Hoover Drives All-Terrain Flooring Cleaner
Newton, IA, June 7, 2006--Hoover is looking for the checker flag with its new SteamVac All-Terrain Carpet and Hard-Floor cleaner, designed to clean the multitude of floor surfaces found in today's homes.
WFCA Celebrate CFI Showcase of Talent and Product
Kansas City, MO, June 7, 2006--The World Floor Covering Association (WFCA) on June 29, 2006, will open its doors to a grand reception showcasing the remodeling project at its headquarters in Anaheim, CA.
A Marriage of Business and Marriage
Wall, NJ, June 7, 2006--When it rains and customers stay home rather than shop for new carpet, Kevin Ryan sometimes frets over the dip in business.
Oregon Company Offers Custom Wood Flooring
Glide, OR, June 6, 2006--A new flooring business has opened in Glide, with a unique twist. Sheldon’s Carolina Custom Flooring offers hardwood flooring, which is all made on site.
April Office Furniture Shipment Growth Eases
Grand Rapids, MI, June 6, 2006--Growth in office furniture shipments and orders slipped into single-digits year-over-year in April, according to the Business and Institutional Furniture Manufacturers Association.
Correction- U.K. Patent County Court Denies B&Q an
There has been a correction to a press release of last Thursday, June 1. Note the addition of the word "stay" in the first sentence of the first and second paragraphs.
Home Sales Settling, Appreciation Slowing
Washington, DC, June 6, 2006--The housing boom has ended but sales at historically healthy levels will continue, and price appreciation will return to normal patterns across much of the country, according to the National Association of Realtors.
Homeowners and Renters See Credit Differently
Washington, DC, June 6, 2006--Over 81 percent of homeowners and 65 percent of renters believe that they manage their credit extremely well, according to a survey.