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.

Housing Starts Rose 11% in April

Washington, DC, May 17--The U.S. Census Bureau and the Department of Housing and Urban Development jointly announced the following new residential construction statistics for April 2005.

US Chain Store Sales Fall 1% Last Week

New York, May 17--U.S. chain store retail sales fell in the latest week putting the index reading at its lowest in three weeks, as cooler temperatures continue to hurt the demand for warm-weather clothing, a retail report said on Tuesday.

PPI Index Climbs 0.6% in April

Washington, DC, May 17--The Producer Price Index for Finished Goods advanced 0.6 percent in April, seasonally adjusted, the Bureau of Labor Statistics of the U.S. Department of Labor reported today.

Mortimer Resigns as Propex CEO

Austell, GA, May 17--Bradford T. Mortimer has resigned as Director, President and CEO of Propex Fabrics Inc., effective May 16, 2005, for personal reasons.

Etiquette a Tool of Trade for Tradesman

Indianapolis, IN, May 16--As owner of a Mr. Handyman franchise in Los Angeles, T.L. Tenenbaum has rigid guidelines for the best approach to difficult drywall and plumbing problems.

UPS to Buy Overnite for $1.25B in Cash

Atlanta, GA, May 16--United Parcel Service said it agreed to acquire Overnite Corp. for about $1.25 billion in cash to expand its ground freight services in North America.