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.

Construction Outlays Up 0.2%

Washington, DC, March 1, 2006--Spending on construction projects increased a lower-than-expected 0.2% in January, the Commerce Department said Wednesday.

4Q GDP Revised Up to 1.6%

Washington, DC, February 28, 2006-- The economy grew at a 1.6% annual pace in the fourth quarter, a bit faster than previously thought, while core inflation was a touch lower, according to the Commerce Department.

January Existing-Home Sales Off 2.5%

Washington, DC, February 28, 2006--Sales of existing homes, including single-family, townhomes, condominiums and co-ops, declined 2.8 percent to a seasonally adjusted annual rate1 of 6.56 million units in January.

Surfaces 2006 Sets New Attendance Record

Dallas, TX, February 27, 2006--Hanley Wood has said that Surfaces 2006 was a record setter. The company said that 40,588 retailers, manufacturers, distributors, architects, designers, builders and installers.

Armstrong Narrows Operating Loss in 4Q

Lancaster, PA, February 24, 2006--Armstrong Holdings, Inc., today reported an operating loss of $10.1 million for the fourth quarter of 2005 compared to an operating loss of $134.8 million in the fourth quarter of 2004.

Interface Posts 4Q Profit

Atlanta, GA, February 22, 2006—Interface in the fourth quarter of 2005, after charges, reported net income of $5.7 million, or $0.11 per diluted share, compared with a net loss in the fourth quarter of 2004 of $4.4 million, or $0.08 per diluted share.

Home Depot 4Q EPS Up 27.7%

Atlanta, GA, February 21, 2006--Home Depot reported diluted earnings per share in the fourth quarter that rose 27.7 percent to a record $0.60 on net earnings of $1.3 billion, compared with $0.47 on net earnings of $1.0 billion reported for the same period