Weaker Spending Projected
Columbus, OH, August 4, 2006--Retail Forward's Future Spending Index projects weaker growth in the month ahead. The index declined to 93.2 in August from 99.0 in July.
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.
Iranian Carpet to be Advertised in International M
London, August 3, 2006--Measures taken by the National Center for Iranian Carpet to advertise Persian carpet on foreign television networks have been very effective in boosting the market for the world famous rug.
Report: Green Building Going Mainstream
Point Roberts, WA, August 2, 2006--Green building has moved mainstream as the demand for the utilization of construction products, materials, and techniques that minimize waste.
Hotel Maintenance Expenses Increasing
Atlanta, GA, August 01, 2006--As the hotel industry continues to enjoy strong uptrends in occupancy and rate in its third year of recovery, there are increasing signs that the pace of increases in certain areas on the expense side of the ledger is gaining
BIFMA: Office Furniture Order Growth Slows
Chicago, August 1, 2006--Office furniture order growth slowed again in June, raising concerns among some analysts that the market may be slowing
Tennessee Manufacturer Becomes Custom Rug Sultan
Memphis, TN, July 31, 2006--Back in 2004, Joey Stem reinvented his business, Crown Manufacturing Inc., changing from a custom logo printer to a custom carpet maker. according to the Memphis Commercial Appeal.
Ethan Allen 4Q Earnings Up
Danbury CT, July 27, 2006-- Ethan Allen Interiors Inc. on Thursday said its fiscal fourth-quarter income rose to $22.4 million, or 66 cents a share, from $19.5 million, or 56 cents, a year ago.
Beazer Homes 3Q Earnings Off
Atlanta, GA, July 27, 2006--Beazer Homes USA reported said quarterly profit that fell 9 percent and orders dropped 16 percent, prompting the company to cut its forecast again in another sign of the weakening U.S. housing market.
Beaulieu Australia First to Get CRI Approval
Ormeau, Queensland, Australia, July 27, 2006--Beaulieu of Australia has produced the first carpets manufactured in Australia to achieve Green Label Plus certification under the U.S. Carpet & Rug Institute's environmental testing program.
Fed Beige Book: Economy Still Growing
Washington, DC, July 26, 2006--Upward pressure from energy and other inputs is persisting, despite reports that the pace of growth in the U.S. economy has slowed, according to a survey of current economic conditions released by the Fed Wednesday.