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.

Public Citizen: USG’s Bankruptcy Agreement Shows

Washington, DC, January 31, 2006--USG Corp., which in 2001 filed for bankruptcy protection in the face of claims from victims of asbestos exposure, today announced that it has reached an agreement with claimants and others to resolve all asbestos-related

4Q GDP Slows to 1.1%

Washington, DC, January 27, 2006--Growth in the economy slowed dramatically to a 1.1% annual rate in the fourth quarter, the weakest growth in three years, the Commerce Department estimated Friday.

New Home Sales Up 2.9%

Washington, DC, January 27, 2006--Sales of new U.S. homes increased a surprising 2.9% in December to a seasonally adjusted annual rate of 1.269 million, the Commerce Department reported Friday. Economists were expecting sales to fall slightly to a 1.23 mi

Existing-Home Sales Down 5.7% in December

Washington, DC, January 25, 2006--Existing-home sales were down 5.7 percent to a seasonally adjusted annual rate of 6.60 million units in December from an upwardly revised pace of 7.00 million in November.

DuPont 4Q Earnings Drop 45%

Wilmington, DL, January 24, 2006--DuPont Co., said its fourth-quarter profit dropped 45 percent and predicted that first-quarter earnings will also decline.

3M 4Q Earnings Rise 5%

St. Paul, MN, January 24, 2006--3M said its fourth-quarter earnings rose, lifted by sales increases in its industrial and display and graphics segments.

Marcus Calls Home Depot Growth Plan “Good Move”

Atlanta, GA, January 23, 2006--Home Depot co-founder Bernie Marcus on Friday said the retailer's plan to move into new businesses was "a good move" that would attract new customers, even as one analyst voiced caution.