April Consumer Credit Up 5.9%
Washington, DC, June 7, 2006--Consumers took on an extra $10.6 billion in debt in April, the most in 10 months, the Federal Reserve reported Wednesday.
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.
Hoover Drives All-Terrain Flooring Cleaner
Newton, IA, June 7, 2006--Hoover is looking for the checker flag with its new SteamVac All-Terrain Carpet and Hard-Floor cleaner, designed to clean the multitude of floor surfaces found in today's homes.
WFCA Celebrate CFI Showcase of Talent and Product
Kansas City, MO, June 7, 2006--The World Floor Covering Association (WFCA) on June 29, 2006, will open its doors to a grand reception showcasing the remodeling project at its headquarters in Anaheim, CA.
Feltex Sees Improved Conditions
Wellington, New Zealand, June 7, 2006--Beleaguered carpet maker Feltex is working to reduce its debt and has assured shareholders that market conditions are continuing to improve.
Home Depot Defends Bank Purchase
Atlanta, GA, June 7, 2006--Home Depot struck back at comments from a key real estate industry group that its proposed purchase of a small bank could harm competition, saying homeowners have many ways to finance home projects.
Residential Green Building To $19-$38 Billion By 2
Washington, DC, June 6, 2006--Results of a McGraw-Hill Construction/National Association of Home Builders (NAHB) survey indicate that 2005 saw a 20 percent increase in the number of home builders producing green, environmentally responsible homes.
Solutia Raises Price for Nylon Carpet Fibers
St. Louis, MO, June 6, 2006--Solutia Inc., announced today that it will increase the price on all nylon carpet fiber products by 5 to 7 percent for all shipments on or after July 5, 2006.
Flooring America’s “Neighborhood Networks” See Gai
Manchester, NH, June 6, 2006--The strength in numbers philosophy that brought more than 500 like-minded retailers together as Flooring America is paying fresh dividends on a smaller scale.
Correction- U.K. Patent County Court Denies B&Q an
There has been a correction to a press release of last Thursday, June 1. Note the addition of the word "stay" in the first sentence of the first and second paragraphs.
Home Sales Settling, Appreciation Slowing
Washington, DC, June 6, 2006--The housing boom has ended but sales at historically healthy levels will continue, and price appreciation will return to normal patterns across much of the country, according to the National Association of Realtors.