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.

Iran Loses Major Share of Carpet Market

Tehran, Iran, May 15, 2006--According to Tehran Times, lack of quality and production control has cost Iran an eighty percent loss in Afghanistan's carpet market, said a textile industry official.

Interface Rallies on Upgrade

New York, NY, May 15, 2006--Interface Inc., shares rallied on Monday, after brokerage Raymond James upgraded its rating on the company, calling a recent sell-off of its shares unjustified.

May Empire State Index Slips

Washington, DC, May 15, 2006--Manufacturing activity in the New York area expanded at a slower pace in May, the New York Federal Reserve Bank said Monday.

Hakatai Glass for Architects' Own Home

Ashland, OR, May 12, 2006--Hakatai Enterprises, Inc., importers and distributors of glass tile, once again teamed up in the Los Angeles area with Fung + Blatt Architects.

Second-Home Survey Shows Solid Market

Washington, DC, May 12, 2006--A new survey of second-home owners by the National Association of Realtors shows baby boomers continue to dominate the market, and a growing number of second homes--more than one in ten are owned by minorities.

Trade Gap Narrows in March

Washington, DC, May 12, 2006--The trade deficit narrowed by 5.6% in March to $62.0 billion, the Commerce Department said Friday.