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.

Weyerhaeuser Q2 Earnings Up 14%

Federal Way, WA, July 21--Weyerhaeuser reported second-quarter profit rose 14 percent, helped by a gain on the sale of its British Columbia operations, but forecast lower third-quarter earnings due to seasonal shutdowns.

Canadian Retail Sales Off 1.3%

Ottawa, Ontario, July 22—-Retail sales in Canada were off 1.3 percent in May, according to Statistics Canada. The drop was the result, to a great extent, of weak automobile sales.

Sherwin-Williams 2Q Earnings Up 21%

Cleveland, OH, July 22--Sherwin-Williams posted a 21% increase in second-quarter earnings, reflecting same-store sales, acquisitions, and improvements in the auto-finishing business.

Leading Index Up Sharply in June

New York, NY, July 21--The Conference Board said that based on the benchmarked figures announced today, its leading indicators index increased sharply in June following no change in May.

Initial Jobless Claims See Biggest Drop Since 2002

Washington, DC, July 21--First-time filings for state unemployment benefits dropped by 34,000 to a seasonally adjusted 303,000 last week, the lowest level in three months and largest decline since December 2002, according to a Labor Department report.

Surfaces 2006 Reports 90% of Space Contracted

Dallas, TX, July 21--Surfaces has set another record as more companies participated in the 2006 Space Draw than ever before. Almost 90% of the show floor is already contracted by an estimated 640 companies.