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.

NAR Launches Ad Campaign Against Mortgage Interest

Washington, DC, December 6, 2005--The National Association of Realtors today launched an advertising campaign warning that home values could drop significantly if the recommendations of a federal tax reform panel were implemented.

Search Keyword Prices Remain Steady

San Francisco, December 8, 2005--Amid all the talk about rising keyword prices, the Fathom Online Keyword Price Index indicates that November averages were virtually flat.

Factory Orders Up 2.2%

Washington, DC, December 6, 2005--Orders for factory goods increased 2.2% in October, more than reversing a decline in September, the Commerce Department estimated Tuesday.

3Q Productivity Revised Up to 4.7%

Washington, DC, December 6, 2005--Productivity rose at a 4.7% annual rate in the third quarter, to the fastest rate in two years, according to the Labor Department.

Sears 3Q Earnings Off on Costs

Hoffman Estates, Il, December 6, 2005--Sears Holdings said fiscal third-quarter profit slid as the costs of Kmart's combination with the Sears, Roebuck and Co., offset a sharp increase in sales.

Retail Rents to go Up, Vacancies Down in 2006

New York, NY, December 6, 2005--Retail vacancies will inch down to an average of 8.8 percent in 2006, and rent growth will gain momentum to 3.5 percent (from 2.5 percent this year), according to Marcus & Millichap's retail group.