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.

Initial Jobless Claims Off

Washington, DC, June 8, 2006--Initial claims for unemployment benefits fell last week to 302,000, well below what economists were expecting, the Labor Department reported Thursday.

Nobility Homes 2Q Earnings Up

Ocala, FL, June 8, 2006--Manufactured home producer Nobility Homes reported net income in the second quarter that was up 13% to $1.9 million.

Canada Housing Starts Off

Ottawa, Ontario, June 8, 2006--Canadian housing starts dipped 0.5 percent in May to a seasonally adjusted annualized rate of 216,800 units from a revised 217,900 units in April.

'Extreme Sheep' May Brighten the Future of

Adelaide, Australia, June 8,m 2006--The future of Australia's $3 billion-plus wool industry--and the carpet and rug makers who depend on it--may lie with the ugliest, least-wanted lambs.

Spector Vows to Pursue Asbestos Bill

Washington, DC, June 7, 2006--A senior Senate Republican vowed on Wednesday to press ahead with his legislation for a privately funded $140 billion trust to pay asbestos injury claims.

Ex-CBO Chief: Asbestos Bill a Big Risk

Washington, DC, June 7, 2006--The Senate proposal for a privately funded trust to pay asbestos injury claims is laden with uncertainty and taxpayers risk footing the bill, the former head of the Congressional Budget Office plans to tell a Senate committee

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.

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.