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.

4Q Productivity Off 0.5%

Washington, DC, March 7, 2006 --Productivity fell at a revised annual rate of 0.5% in the fourth quarter, a slight improvement from the negative 0.6% estimate made a month ago, the Labor Department said Tuesday.

Pending Home Sales Decline

Washington, DC, March 6, 2006--A slide in pending home sales is beginning to level out, an indication of a more sustainable level of home sales in the months ahead, according to the National Association of Realtors.

Memphis Settles into New Hardwood Flooring Role

Memphis, TN, March 6, 2006--Walk into almost any new home today and you're likely to find at least one room with hardwood floors or even hardwood floors throughout the house, according to the Memphis Business Journal.

Natural Area Rugs Intro's Bamboo Rugs

Beverly Hills, CA, March 6, 2006--Natural Area Rugs has introduces a new line of imported, all-natural bamboo rugs that can be used indoors as well as outdoors.

Canadian Building Permits Off 19.3%

Ottawa, Ontario, March 6, 2006--The value of Canadian building permits issued in January fell a seasonally adjusted 19.3 percent from December's record level but still equaled the average monthly value in 2005, Statistics Canada said on Monday.

Factory Orders Off 4.5%

Washington, DC, March 6, 2006--New orders at factories fell 4.5 percent in January, slightly less than expected but still the biggest drop since July 2000, as orders for durables, machinery, computers, and aircraft fell, a government report showed on Mond