Nafco by Tarkett Launches Six Luxury Vinyl Designs
Florence, AL, June 5, 2006--Nafco by Tarkett announced the introduction of six new designs, including marble, slate and wood visuals. Nafco's new products are now available to the consumer.
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.
British Wool Prices Off 10%, Still Highest in Euro
Bradford, England, June 5, 2006--The benefits of wool as a natural, hard-wearing sustainable product could reverse a downward trend that is expected to cut prices for sheep farmers by 10% this year.
Kronospan Gets $123M Slovakian Incentives
Bratislava, Slovakia, June 5, 2006--The Slovakian government has approved an investment package worth Sk3.6bn ($123m) to support the investment plans of leading wood-panel producer Kronospan (Austria).
Apartment Builders' Confidence Hit Record in 1
Washington, DC, June 5, 2006--Multifamily builder confidence in the rental apartment market soared to a new high in the first quarter of 2006, as rising occupancies and rental rates pointed to increased consumer demand.
Mohawk Featured in Academy Awards “Greenroom”
Dalton, GA, June 4, 2006--Even in black and white, Mohawk was a colorful addition to this year’s Oscar ceremonies.
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.
Index Based on Pending Home Sales Slides
Washington, DC, June 2, 2006--Pending home sales, the leading indicator for the housing sector, are continuing to ease, according to the National Association of Realtors.
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.