Small Business Optimism Index Up
Washington, DC, January 10, 2006--Signals from small-business owners in December rose and revealed an outlook for a solid year in 2006--weather permitting.
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.
Search Keyword Prices Ease in December
San Francisco, January 10, 2006--The Fathom Online Keyword Price Index(KPI), which has been tracking keyword prices in eight categories consistently for the past 16 months, indicates that in December 2005 KPI averages eased in November.
Pakistani Carpet Exports Set to Rise
Karachi, Pakistan, January 10, 2006--Pakistan carpet exports are set to gain momentum on back of international carpet exhibition being held in Germany from January 15-18, according to Asia Pulse.
Canadian Housing Prices Up
Ottawa, Ontario, January 10, 2006--The price of new housing rose 0.5 per cent in November in Canada on a "steady" market that saw higher building material and labor costs, Statistics Canada said Tuesday.
Weekly Chain Store Sales Up on Gift Cards
New York, NY, January 10, 2006--Chain store sales ticked higher in the first week of 2006 as consumers began to redeem the gift cards they received over the holidays, according to a report on Wednesday.
NAR: Housing Market to "Normalize" in 2006
Washington, DC, January 10, 2006--The key word for the housing market in 2006 is balance, with a return to a more normal rate of price growth, according to the National Association of Realtors.
Forbo Buys Chinese Adhesives Company
Zurich, Switzerland, January 10, 2006--Swiss floorings, adhesives and beltings group Forbo Holding AG, has reportedly acquired Victa Technology Holdings, a Chinese adhesives company for an undisclosed sum.
Cavalier Expects 4Q Sales Increase
Addison, AL, January 10, 2006--Manufactured housing company Cavalier Homes announced that it expects to report total revenue of approximately $97-$100 million for the fourth quarter of 2005 that ended December 31.
Mohawk Set to Sell $1.4B Notes
Calhoun, GA, January 10, 2006--Mohawk Industries Inc., plans to sell $1.4 billion notes in a two-part offering this week, market sources said on Monday.
Mullican Starts 2006 with Product Expansions
Johnson City, TN, January 10, 2006--In today’s society, there is a notion that bigger is better. If that is the case, Mullican Flooring will be much better in 2006.