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.

Home Depot Sees Slowdown in Big Projects

Atlanta, GA, September 6, 2006--Home Depot expects growth in its average purchase to slow as customers pressed by higher interest rates take on fewer costly projects such as kitchen renovations, the company's finance chief said on Wednesday.

Personal Income, Spending Up Slightly

Washington, DC, August 30, 2006--Core U.S. consumer prices rose a less-than-expected 0.1 percent in July, but the year-on-year rate of nonfood, nonenergy inflation remained at 2.4 percent.

Shaw Warranties to Require CRI, IICRC Approval

Dalton, GA, August 25, 2006--Following the company’s announcement in June of 2005, Shaw has revised its residential carpet warranties to require the use of CRI Seal of Approval products for carpet cleaning supplies and equipment for carpet manufactured a

Existing-Home Sales Off 4.1% in July

Washington, DC, August 23, 2006--Existing-home sales were down in July, while home prices in many areas are slightly below year-ago levels, according to the National Association of Realtors.

Builder's Confidence in Condo Market Dips

Washington, DC, August 22, 2006--Builder confidence in the condominium housing market weakened significantly in the second quarter of 2006, as sales continued to retreat from the record-high levels seen last year.

Forbo 1H Earnings Up

Baar, Switzerland, August 22, 2006--Forbo increased its sales in the first half of 2006 by 12.5% to CHF 933.1 million (US$759.7M).

Consumer Sentiment Slides in Early August

Washington, DC, August 18, 2006-- Worries about inflation pushed U.S. consumer sentiment in early August to the lowest level since October, according to media reports of proprietary research from the University of Michigan.