Housing Starts Flat in June
Washington, DC, July 19—-Housing starts in June were unchanged at a seasonally adjusted annual rate of 2.004 million, according to a Commerce Department report.
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.
Back to School Spending Expected to Slide 8%
Washington, DC, July 19--Though clothing, shoes, and school supplies will be strong sellers for the back-to-school season this year, spending in the electronics category will be tempered, according to the findings of a new National Retail Federation surve
Matsushita Intros Temperature Adjusting Carpet
Osaka, Japan, July 19--Matsushita Electric has launched an electric carpet that automatically adjusts temperature according to the movement of people.
Chain Stores Sales Up Last Week
New York, NY, July 19--Chain store retail sales rose 0.3 percent in the week ended July 16, compared with a 0.1 percent rise the previous week, according to a joint report from the International Council of Shopping Centers and UBS.
Interface Expands Offering of Environmentally Pref
Atlanta, GA, July 19--Less than two years after becoming the first carpet manufacturer to achieve third-party Environmentally Preferable Product (EPP) certification, Interface Flooring Systems has now received certification for its entire i2™ line of modu
South Carolina Attorney General Investigating Floo
Columbia, SC, July 18--An exclusive contract with a company that provided carpeting and other flooring for state buildings is under investigation by the attorney general's office, according to The State.
Increasing Prices Hurting Persian Carpet industry
London, England, July 18--The greatest challenge to the Persian carpet industry is the high prices of hand-woven rugs, which have reduced the national industry’s competition power at the international level.
3M 2Q Earnings Up
St. Paul, MN, July 18--3M Co. posted a higher quarterly profit and raised the bottom of its full-year profit forecast as it expects sales to continue to accelerate.
NWFA Announces 2006 Wood Floor of the Year Call fo
St. Louis, MO, July 18--The National Wood Flooring Association is accepting entries for its 2006 Wood Floor of the Year Contest.
Consumer Sentiment Up in July
Ann Arbor, MI, July 15--The University of Michigan's preliminary consumer sentiment index for July rose to 96.5 from 96 in June.