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.

Second Half 2005 Mortgage Volume Up, Homeowners Sh

Washington, DC, May 10, 2006--First mortgage originations increased by 14 percent from the first half to the second half of 2005 according to the Mortgage Bankers Association's (MBA) Mortgage Originations Survey released today.

Wholesale Inventories Up 0.2%

Washington, DC, May 10, 2006--Wholesale inventories grew less than expected in March, pushing the inventory-to-sales ratio down after a slight uptick in the previous month.

Construction Jobs Set Record in April

Washington, D.C., May 10, 2006-- "Construction employment set a record for the 15th straight month in April," Ken Simonson, chief economist of the Associated General Contractors of America (AGC),

Unifi Announces Proposed Offering

Greensboro, NC, May 9, 2006--Unifi said it plans to commence a private placement offering of $225 million of Senior Secured Notes due 2014.

Solutia Bankruptcy Lengthens

St. Louis, MO, May 9, 2006--Shifting deadlines and a pair of unresolved legal disputes indicate that the bankruptcy reorganization of Solutia Inc., is taking longer than the chemical maker had anticipated.

Chain Store Sales Off Last Week

New York, NY, May 9, 2006--Chain store sales slipped in the latest week after a strong gain the previous week, according to a report released on Tuesday.

Gov's' Wives, Habitat Start Homebuilding E

Mobile, AL, May 9, 2006--Before sunrise this morning, three governors' spouses joined dozens of women volunteers on a Habitat for Humanity build site to kick off the First Families Building Homes Across America program.