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.

Builder Confidence in Rental Apartments Jumps

Washington, DC, November 28, 2006--With demand on the rise and supply still tight, builder confidence in current rental apartment market conditions jumped in the third quarter of 2006, and their expectations for the next six months are even higher.

Välinge Granted Herringbone Patent

Viken, Sweden - November 27, 2006--According to an announcement from Välinge Innovation, the U.S. patent office has granted the company a new patent, "Herringbone" US 7,127,860 B2, 31/10/2006.

Commercial Real Estate Index Up Again In 3Q

Washington, DC, November 27, 2006--The Commercial Leading Indicator for Brokerage Activity, a leading indicator for the commercial real estate market, has increased for six consecutive quarters showing that continued growth can be expected in commercial r

Online Retailers Expect Record Holiday Sales

Reston, VA, November 22, 2006--comScore Networks, a leader in measuring the digital age, today released the first in a series of reports that measure consumers’ online non-travel (retail) spending during the 2006 holiday season, which began November 1, 20

Consumer Sentiment Eases Slightly

Ann Arbor, MI, November 22, 2006--Consumer sentiment weakened slightly in late November, according to research from the University of Michigan.

NAR: 3Q Existing Home Sales Off 12.7%

Washington, DC, November 20, 2006 - Conditions for home buyers improved during the third quarter as existing single-family home prices in many metropolitan areas experienced corrections, and most states saw sales activity below a year ago which helped to

Lowe's 3Q EPS Up 15%, Outlook Weak

Mooresville, NC, November 20, 2006--Lowe's reported net earnings in the third quarter of $716 million for the quarter ended November 3, 2006, a 10.8 percent increase over the same period a year ago.

Housing Starts Plunge to Six Year Low

Washington, DC, November 17, 2006--Housing starts plunged 14.6% in October to a seasonally adjusted annual rate of 1.486 million, the lowest level since July 2000, the Commerce Department estimated Friday. Building permits fell 6.3% to a seasonally adjust

Solutia's New Plan: Sell Itself Off

St. Louis, MO, November 16, 2006--After three years in reorganization Solutia is preparing to pay the piper in Bankruptcy Court. Under a dramatically revised plan. Solutia said it will sell itself off whole and hand out cash, rather than fragmented slices