Home Prices Rising at Slower Pace
Washington, DC, June 2, 2006--Home prices rose at the slowest pace in two years in the first quarter, as some once-hot markets in California saw prices fall.
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.
U.K. Patent County Court Denies Request
Wielsbeke, Belgium, June 2, 2006--On May 26, 2006, in a case of patent infringement on Unilin's glueless technology, The Patent County Court in London denied B&Q and Berry Floor’s request to continue enforcement of the final judgement issued on July 3
StarNet Announces Design Award Winners
Ridgefield, CT, June 2, 2006--StarNet Commercial Flooring Cooperative announced its eighth Annual Design Award recipients at its recent annual meeting in Bal Harbour, Florida.
TS2 Offers Special EducationalSessions for Coverin
Alexandria, VA, June 2, 2006--Exhibitors, pavilions coordinators and stand-fitters for Coverings are invited to attend TS2.
Analyst Maintains Mohawk Rating, Reduces Estimates
New York, June 2, 2006--Analysts at Stifel Nicolaus & Company maintain their "hold" rating on Mohawk Industries Inc., while reducing their estimates for the company.
Construction Spending Off in April
Washington, DC, June 2, 2006--Construction spending fell 0.1% in April, dragged down by a 1.1% drop in spending on home construction, the Commerce Department said Thursday.
Jobless Rate Falls to 4.6%, Job Growth Weak
Washington, DC, June 2, 2006--The unemployment rate ticked lower in May to 4.6% from 4.7% in April, according to the Labor Department.
Index Based on Pending Home Sales Slides
Washington, DC, June 2, 2006--Pending home sales, the leading indicator for the housing sector, are continuing to ease, according to the National Association of Realtors.
Future Spending Index: Consumers Poised to Spend i
Columbus, OH, June 2, 2006--After tapping the brakes in May, consumers are signaling they intend to spend at a faster pace in June according to Retail Forward's Future Spending Index.
Hakatai Intros Aventurine Series
Ashland, OR, June 2, 2006--Hakatai Enterprises Inc., importer and distributor of glass mosaic tile, introduced Aventurine Series ¾” x ¾” glass tile.