The Conference Board's Consumer Confidence Index, which surged in March, declined moderately in April. The Index now stands at 108.8 (1985=100), down from 110.7 in March.
Consumer confidence decreased slightly at the end of April compared
to March, according to the University of Michigan 's full-month report on consumer sentiment.
Color Tile L.L.C. and Alliance Flooring, doing business as CarpetsPlus, recently signed a letter of intent for the transfer of Color Tile’s intellectual property, including the Color Tile trademark, and licenses for its members to CarpetsPlus.