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.

Unemployment Rate Holds Steady

Washington, DC, Jun. 4--Employers hired workers at a rapid pace for a third month in a row, validating Wall Street's view that the job market finally is healthy enough to permit the Federal Reserve to start raising interest rates for the first time si

Mannington to Increase Some Resilient Prices

Salem, NJ, Jun.3--Mannington Mills announced today that due to significant cost increases in raw materials, energy and transportation, the company is implementing a 4% to 6% price increase on selected resilient products.

Productivity Up

Washington, DC, Jun. 3--The productivity of America's workers in the opening quarter of 2004 grew at a brisk 3.8% annual rate, faster than previously thought. Labor costs moved up.

Armstrong Increases Price on Sheet Vinyl

Lancaster, PA, May 28--Due to significant increases in key raw materials, as well as higher energy and transportation costs, Armstrong Floor Products is announcing a four to six percent price increase on selected residential and commercial vinyl sheet flo

Pergo: Click-Joint Dispute Now Closed

Trelleborg, Sweden, May 27—Pergo said today that as it had announced earlier, the Court of Appeal for the Federal Circuit in the United States has affirmed the ruling from the US International Trade Commission (ITC) from March 2002.

Durable Goods Orders Off

Washington, DC, May 26--Demand for longer-lasting manufactured goods took its biggest tumble in a year and a half during April following big back-to-back increases.

Feltex Puts Low Value on Shares

Aulkland, New Zealand, May 25--Feltex Carpets yesterday priced its $254 million share offer at the bottom end of expectations as New Zealand's biggest issue in five years drew a lukewarm response from institutions.

Saudis Promise to Increase Oil to U.S.

Amsterdam, Netherlands, May 24--The U.S. energy secretary said that Saudi Arabia has assured Washington it will supply up to two million barrels a day in additional crude oil if the market demands it.