September Consumer Sentiment Falls
New York, NY, September 16, 2005-- The University of Michigan's preliminary index of consumer sentiment fell to 76.9 from 89.1 in August.
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.
Mannington Increases Commercial and Residential Re
Salem, NJ, September 15, 2005--Mannington Mills announced today that it will be instituting a price increase across both residential and commercial resilient product lines.
Business Inventories Off 0.5%
Washington, D.C., September 15, 2005—Business inventories unexpectedly fell by 0.5% in July, led by a drop in motor vehicles and parts, the Commerce Department said Thursday.
Consumer Price Index Up 0.5%
Washington, D.C., September 15, 2005-- Core inflation remained contained in August, with the core consumer price index rising 0.1% for the fourth straight month, the Labor Department reported Thursday.
Concrete Polishing Means Sparkling Floors, Lower M
Knoxville, TN, September 14, 2005--Manufacturing CEOs and facility executives are taking a shine to the hottest new facility flooring phenomenon sweeping North America producing cost-savings averaging 47.4 percent over a 12-year period.
Signature Brings Carpet Sampling through Tricycle
Chattanooga, TN, September 15, 2005---At Hospitality Design Boutique in Miami this week, Signature Hospitality Carpets is launching new products on paper.
NRF: Retail Industry Sales Up 7.9% in August
Washington, D.C., September 15, 2005—It may have cost much more to fill up at the pump last month, but consumers were not letting that affect spending in other areas.
Total Retail Sales Off 2.1%
Washington, D.C., September 15, 2005--Retail sales fell 2.1% in August, the biggest decline in nearly four years as auto sales fell a record 12%, according to the Commerce Department.
Katrina and Commercial Real Estate
Washington, D.C., September 15, 2005--The demand for commercial real estate space has spiked in regions surrounding the Hurricane Katrina disaster zone.
ProSource Eyeing Expansion in Michigan
Detroit, MI, September 15, 2005--ProSource, the warehouse club of the flooring industry with six Michigan locations, is planning to expand its presence in the state.