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.

National Vacancy Rates Stabilize

Boston, MA, Nov. 26--In a sign that commercial real estate markets have begun to stabilize, the national vacancy rate remained unchanged at 16.3% during the third quarter of 2003.

Durable-Goods Orders Up

Washington, DC, Nov. 26--American manufacturers saw orders for big-ticket items jump in October by the largest amount in 15 months.

Average Home Sale Price Rises

New York, NY, Nov. 26--The Federal Housing Finance Board on Tuesday said the average single-family home purchase price rose to $243,756 in October from $235,717 a year earlier.

Corporate Profits Up

Washington, DC, Nov. 25--The U.S. Commerce Department reported Tuesday that corporate profits rose 30%, the largest year-over-year change in 19 years, in the third quarter.

Consumer Confidence Highest In 14 Months

New York, NY, Nov. 25--Consumer confidence surged to its highest level in over a year, exceeding economists' rosy expectations, as consumers grew more hopeful about the job market, a report said Tuesday.

Tricycle Develops Sampling Program For Durkan

Chattanooga, TN, Nov. 25--Tricycle, Inc., a leader in surface simulation and design technology, has announced the launch of Durkan Commercial’s “Digital Carpet Studio," developed through Tricycle’s proprietary SIM+Factory service.

Consumers File Suit vs. Home Depot, Lowe's

New York, NY, Nov. 25--Home Depot Inc. and Lowe's Cos. are facing purported class-action lawsuits alleging their promotions offering payment and interest-free periods on purchases made with in-store credit cards actually force consumers to pay much mo