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.
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.
A Marriage of Business and Marriage
Wall, NJ, June 7, 2006--When it rains and customers stay home rather than shop for new carpet, Kevin Ryan sometimes frets over the dip in business.
Oregon Company Offers Custom Wood Flooring
Glide, OR, June 6, 2006--A new flooring business has opened in Glide, with a unique twist. Sheldon’s Carolina Custom Flooring offers hardwood flooring, which is all made on site.
April Office Furniture Shipment Growth Eases
Grand Rapids, MI, June 6, 2006--Growth in office furniture shipments and orders slipped into single-digits year-over-year in April, according to the Business and Institutional Furniture Manufacturers Association.
Congoleum Expands DuraCeramic Line
Mercerville, NJ, June 6, 2006--Congoleum has broadened its popular DuraCeramic product line with the addition of DuraCeramic Options which gives consumers unlimited opportunities to create custom floors and walls using this new product category.
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.
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.