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.

Import Prices Off 0.2%

Washington, DC, January 12, 2006--Prices of goods imported into the United States fell for the second consecutive month in December as petroleum prices dropped again, the Labor Department said Thursday.

Study: Land Key Commodity for Homebuilders

New York, NY, January 12, 2006--McGraw-Hill Construction and Deloitte & Touche USA LLP's real estate industry group issued a new report today suggesting that a "moderate slowdown in certain regions of the U.S. housing market" appears more probable tha

UK’s Topps Tiles Sees Gains Ahead

Cheshire, England, January 11, 2006-- Flooring specialist Topps Tiles gave shareholders cause for optimism yesterday after forecasting that 2006 would be 'less challenging' than recent months.

Milliken Freezes Pensions

Spartanburg, SC, January 11, 2006--Faced with global competition and rising costs, Milliken & Co., has frozen its employee pension plan.

Radiant Floor Heating Claims Energy Savings

Atlanta, GA, January 11, 2006--With natural gas prices anticipated to rise by 35 percent this winter, many Americans are looking for ways to reduce their energy consumption by using alternative heat sources.

DuPont Cuts 4Q Guidance

Wilmington, DL, January 11, 2006--DuPont has cut its earnings guidance for the fourth quarter on hurricane-related operational disruptions as well as weak sales and higher costs in three of its businesses.

Consumer Credit Off

Washington, DC, January 11, 2006--Consumer borrowing fell in November for a second straight month, the first time that has occurred in more than 13 years.

Corporate Contributions on the Upswing

New York, NY, January 11, 2006--Total corporate contributions in the U.S. and abroad (among 189 corporations and foundations) amounted to $7.8 billion in 2004, the Conference Board reports today in its annual survey of corporate giving to worthy causes.