New Home Sales Up 2.6% in March
Washington, DC, April 25, 2007--New homes rose in March for the first time in three months, increasing 2.6 percent to an annual pace of 858,000 last month, according to the Commerce Department.
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.
Durable Goods Up 3.5%
Washington, DC, April 25, 2007--Durable goods orders rose 3.4 percent in March, after a 2.4 percent gain in February, according to the Commerce Department.
Tai Ping Launches Akina Axminster Carpet
Hong Kong, China, April 25, 2007--Akina is the newest contemporary Axminster and hand tufted collection from Tai Ping. Designed with the modern hospitality sector in mind, Akina launches at HD Expo in May 2007.
Stifel Maintains Mohawk’s Hold, Raises Estimates
New York, NY, April 25, 2007--Analysts at Stifel Nicolaus & Company maintain their "hold" rating on Mohawk, while raising their estimates for the company.
RIA Elects 2007 Leaders
Columbia, MD, April 25, 2007--At its 62nd Annual Convention and Exhibition in Orlando, Florida, the Restoration Industry Association (RIA - formerly ASCR) elected its slate of officers for 2007.
NTCA Honors Outstanding Installations
Chicago, IL, April 24, 2007--For the fourth year in a row, TileLetter magazine, the official publication of the National Tile Contractors Association (NTCA), honored outstanding installations.
Merritt to Keynote Sustainability Conference
Raleigh, NC, April 25, 2007-- Randy Merritt, president of Georgia-based Shaw Industries, will be the keynote speaker for Sustainable North Carolina”s 2007 N.C. Sustainability Awards & Conference .
Begal Enterprises Receives RIA Phoenix Award
Columbia, MD, April 25, 2007--The Restoration Industry Association (RIA--formerly the Association of Specialists in Cleaning & Restoration) has awarded the Phoenix Award for Innovation in Restoration to Begal Enterprises, Inc. of Rockville, Maryland.
Shaw Adds Photo Upload Feature to Shawfloors.com
Dalton, GA, April 25, 2007--Shaw Industries introduces a photo upload feature to the room visualization tool, at Shawfloors.com.
Consumer Confidence Drops
New York, NY, April 24, 2007--The Conference Board Consumer Confidence Index, which had decreased in March, retreated further in April.