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.

Seiders Sees 6.75% 30-yr Mortgage Rate

Washington, DC, December 21, 2005-- David Seiders the chief economist of the National Association of Home Builders, said he expects the interest rate on the benchmark fixed-rate 30-year mortgage to be at 6.75 percent in late 2006.

Online Help-Wanted Ad Declines

New York, NY, December 21, 2005--The number of new online job ads declined by 184,700 in November to 1,819,200, dipping below 2 million for the first time since July, according to the Conference Board Help-Wanted OnLine Data Series.

Kronotex USA Names New Sales Managers

Barnwell, SC, December 21, 2005--Kronotex USA has beefed up its sales and marketing staff to better serve its distributor and specialty retailer customers with a wide range of its domestically manufactured laminate flooring.

Q3 GDP Revised Down to 4.1%

Washington, DC, December 21, 2005--Third quarter U.S. growth increased at a 4.1% rate, slightly lower than previous estimates of a 4.3% growth rate, the Commerce Department said Wednesday.

Tricycle and Aquafil Announce Partnership

Chattanooga, TN, December 21, 2005--Tricycle, Inc., and Aquafil USA have announced a joint partnership to include Aquafil yarns in Tricycle's product development and prototyping system, Apso Jet Set.

Thorncrown Chapel Selected to Receive AIA 2006 25

Washington, D.C., December 21, 2005--The American Institute of Architects (AIA) announced the Thorncrown Chapel in Eureka Springs, Ark., has been selected to receive the 2006 AIA Twenty-five Year Award for architectural design that has stood the test of t

Blue Fox Partners with Microsoft for Vertical Text

Dordrecht The Netherlands, December 20, 2005--Blue Fox Enterprises N.V., has signed an agreement with Microsoft to develop a solution for the vertical industry segment “Textile and Apparel," as part of the Microsoft Industry Builder Initiative.

Chain Store Sales Up Last Week

New York, NY, December 20, 2005--Chain store sales rose solidly in the latest week as consumers appeared to come out in force doing last-minute shopping before the Christmas holiday, according to a report on Tuesday.

Las Vegas Market Attendees Encouraged to Register

Las Vegas, NV, December 20, 2005--Registration for the January 2006 Las Vegas Market is available online, and attendees and exhibiting companies who register by January 6, 2006 will receive their badges in the mail in advance.