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.

Quebec Homebuyers Set Sights on Larger Homes

Montreal, March 8--Residents of Quebec who plan to purchase a home within the next two years are more likely than all Canadians to purchase a bigger house (56 per cent). Nationally, 46 per cent of homebuyers intend to purchase a bigger home.

Retailers Drive Productivity Growth

New York, NY, March 8--Companies in America’s fast-growing retail and wholesale trade sector have been the major drivers of U.S. productivity growth since 1995.

Realtors Launch Housing Market Leading Indicator

Washington, DC, March 8--After several years of study and data collection, the National Association of Realtors has developed the Pending Home Sales Index (PHSI), a new leading indicator for the housing market.

NeoCon to Highlight Sustainable Resources at GREEN

Chicago, IL, March 8--Interior designers and architects looking for environmentally friendly, green design resources, need look no further than GREENlife, which will showcase innovative ways to integrate sustainable products with creative design solutions

Homebuilder Ryland Sees Slowed Growth in 1Q

Calabasas, CA, March 8—-Homebuilder Ryland Group indicated that its earnings per share growth for the first quarter could be below Wall Street expectations because of delayed closings caused by bad weather in certain markets.

Chain Store Sales Off Last Week

New York, NY, March 8--Chain store retail sales fell 0.4 percent in the week ended March 5, the International Council of Shopping Centers and UBS said in a joint report.

Furniture Brands Expects Lower 1Q Earnings

St. Louis, MO, March 7--Furniture Brands International Inc., the largest U.S. home furnishings manufacturer, on Monday said it expects first-quarter profit will come in at the lower end of expectations.

BIFMA: January Office Furniture Shipments Up

Grand Rapids, MI, March 7--According to the latest statistics from the Business and Institutional Furniture Manufacturers Association (BIFMA), office furniture sales are on the rise again, as shipments of office furniture rose 17 percent in January from a

Canada Building Permits Off in January

Ottawa, ON, March 7--The value of Canadian building permits issued in January fell by 11.0 percent from December's near-record highs, said Statistics Canada on Monday.