3Q GDP Revised Up to 2.2%
Washington, DC, November 29, 2006--The economy grew at a 2.2% annual pace in the third quarter, faster than the 1.6% initially estimated.
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.
ServiceMaster Mulls Possible Sale
Downers Grove, IL, November 28, 2006-- ServiceMaster said its board has decided to explore strategic alternatives designed to maximize value for shareholders.
Mohawk Debuts Recyclable PVC-Free Carpet Backing
Denver, CO, November 15, 2006--The new generation of contract modular carpeting is not only green – it’s 100 percent thermoplastic. In a significant step to reduce the industry’s environmental footprint, The Mohawk Group introduces Encycle, a patent-pendi
Builder Confidence Improves In November
Washington, DC, November 16, 2006--Suggesting stabilizing conditions in the nation’s single-family housing market, home builder confidence in November edged up for the second consecutive month, according to the National Association of Home Builders/Wells
Hardwood Council Redesigns Website
Oakmont, PA, November 13, 2006--The Hardwood Council posted a new user-friendly website, published a continuing education course for architects, and disseminated healthy- and green-building information at the U.S. Green Building Council (USGBC) Greenbuild
Solutia Swings to 3Q Profit
Washington, DC, November 8, 2006--Solutia Inc. said Tuesday that for the third quarter ended Sept. 30 it swung to third-quarter net income of $44 million, or 42 cents a share.
Beazer Homes 4Q Earnings Off 44%
Atlanta, GA, November 7, 2006--Beazer Homes USA Inc. said Tuesday its fiscal fourth-quarter earnings fell 44 percent as higher revenue and home closings failed to offset squeezed margins.
Toll Bros. 4Q Home Building Revenue Off
Horsham, PA, November 7, 2006--Home builder Toll Brothers Inc. said Tuesday that its fourth-quarter home building revenue dropped 10 percent as the housing market continues to soften.
USGBC Approves FloorScore Certification
Rockville, MD, November 6, 2006--The U.S. Green Building Council (USGBC) has approved hard surface flooring products certified by the FloorScore program as an alternative compliance path to achieve credit in the LEED Rating System for New Construction.
NAR Launches Ad Campaign Advising Consumers to Buy
Washington, DC, November 03, 2006--In a full-page newspaper advertisement running in six of the nation’s leading newspapers beginning today,the leadership of the National Association of Realtors is launching a national campaign to urge home buyers who hav