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.

Pending Home Sales Index Close to Record

Washington, DC, November 4, 2005--Pending home sales, a leading indicator for the housing sector, eased slightly but is at the second highest level on record, according to the National Association of Realtors.

Payrolls Up 56,000 in September, Unemployment Rate

Washington, DC, November 4, 2005—The unemployment rate fell to 5% in October from the 5.1% recorded in September as 56,000 jobs were added to the economy during the month, according to the Bureau of Labor Statistics.

Broyhill to Close Two Plants

Lenoir, NC, November 4, 2005--Broyhill Furniture, a unit of Furniture Brands International, said it would close two facilities in North Carolina, eliminating 421 jobs, or about 13% of the brand's workforce.

Patcraft Intros Assortment

Dalton, GA., November 4, 2005—Assortment, one of an array of new products from Patcraft Commercial Carpet—has been designed with the big picture in mind.

Ex Feltex CEO Clings to Directorship

Wellington, New Zealand, November 4, 2005--Sam Magill is clinging to his Feltex directorship and will face shareholders at the annual meeting next month, despite a resolution to vote him off the board.

FloorExpo Groups Connect at National Conference in

Hilton Head Island, SC, November 3, 2005--The two FloorExpo divisions – Home Solutions and MultiFamily Solutions - recently met for the group’s 7th Annual National Conference at the Westin Resort Hilton Head Island.