Today's 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.


Oil Prices Hit Lowest Levels Since May 2009   Full Article
New York, NY, Dec. 30, 2014 -- West Texas Intermediate for February delivery fell as much as $0.91 to $52.70 a barrel today on the New York Mercantile Exchange, the lowest since May 2009.

Retail Sales Increase This Holiday Season   Full Article
New York, NY, Dec. 29, 2014 -- Retail sales increased 5.5% from Black Friday through Christmas Eve, MasterCard reported.

Wood from Demolished Mill Becomes Flooring   Full Article
Andover, MA, Dec. 29, 2014 -- Wooden decking, floorboards, and joists have been salvaged from Andover’s historic Abbot Mill and will be recycled into flooring by Cambridge-based reclaimed lumber company Longleaf Lumber.

Consumer Sentiment Closes 2014 on High Note   Full Article
Ann Arbor, MI, Dec. 23, 2014 -- Consumer sentiment closed out 2014 at its highest level since January 2007, according to the Thomson Reuters/University of Michigan consumer sentiment index for December.

Consumer Spending Accelerates in November   Full Article
Washington, DC, Dec. 23, 2014 -- U.S. consumer spending picked up in November, according to the Commerce Department.

Third Quarter GDP Grew 5%   Full Article
Washington, DC, Dec. 23, 2014 -- Third quarter economic growth was much stronger than initially estimated, according to the Commerce Department.

New Home Sales Slip in November   Full Article
Washington, DC, Dec. 23, 2014 -- Sales of new single-family homes fell 1.6% in November, according to the Commerce Department.

House Prices Rise in October   Full Article
Washington, DC, Dec. 23, 2014 -- U.S. house prices rose in October, up 0.6% on a seasonally adjusted basis from the previous month, according to the Federal Housing Finance Agency monthly House Price Index.

Durable Goods Orders Fall in November   Full Article
Washington, DC, Dec. 23, 2014 -- Durable goods orders declined in November, largely due to falling demand for defense products.

Existing Home Sales Decline in November   Full Article
Washington, DC, Dec. 22, 2014 -- Home resales fell 6.1% in November to a seasonally adjusted annual rate of 4.93 million from 5.25 million in the prior month, the National Association of Realtors said.