Pantone colors then you have been missing out. This color rating system sets the colors for home dec, clothing, fabric and more. This years color of the year is Tango Tangerine. I actually love all the colors for Spring 2012. Whats your favorite? Solar Power yellow, Bellflower, Sodalite Blue, Margarita, Sweet Lilac, Cockatoo, Driftwood, or Starfish.