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.

Catalina Wood Flooring Report Reflects Arc of Hous

Boca Raton, FL, November 18, 2005--According to Catalina Research, U.S. sales of wood flooring are forecast to increase at a 5.7% compound annual rate through 2010 to 1.5 billion square feet. This reflects some slowing from the 2002 to 2005 housing boom.

Jobless Claims Fall 25,000

Washington, DC, November 17, 2005--First-time filings for unemployment benefits dropped in the week ending Nov. 12 by 25,000 to 303,000, reaching their lowest level since April, according to the Labor Department.

Builder Confidence Off In November

Washington, DC, November 17, 2005 - Responding to sharply lower measures of consumer confidence as well as rising mortgage rates and other factors in recent months, single-family home builders are adjusting their market expectations downward to a still fa

Williams-Sonoma 3Q Earnings Up 30%

San Francisco, CA, November 17, 2005--Home-goods retailer Williams-Sonoma Inc. reported third quarter earnings that rose 30% to $37.1 million, or $0.31 a share, from $28.5 million, or $0.24, in the year-earlier period.

Lowe's Names Hollifield Chief Accounting Offic

Mooresville, NC, November 17, 2005--Lowe's has named Matthew V. Hollifield senior vice president and chief accounting officer, replacing Ken Black, who announced his plans to leave the company to pursue other career opportunities.

Industrial Production Up 0.9% in October

Washington, DC, November 17, 2005--Industrial production rose in October as output from factories, mines and utilities rose 0.9 percent, the fastest increase since May 2004, according to the Federal Reserve.

Tarkett AG Makes Changes at German Facility

Frankenthal, Germany, November 17, 2005--According to Frankfurter Allgemeine Zeitung, Tarkett, the German manufacturer of flooring, is planning to cut 43 of the 180 jobs at its site in Konz, Germany.