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.

Armstrong Reports Lower Income, Sales in Q4   Full Article
Lancaster, PA, Feb. 23, 2015 -- Armstrong World Industries reported fourth quarter net income of $10.6 million, a decrease of 54% from $23.4 million in net income in the fourth quarter of 2013.

Existing Home Sales Fall in January   Full Article
Washington, DC, Feb. 23, 2015 -- Home resales in January fell 4.9% to an annual rate of 4.82 million units, according to the National Association of Realtors.

Mortgage Credit Availability Improves in January   Full Article
Washington, DC, Feb. 23, 2015 -- Mortgage credit availability increased in January, according to the Mortgage Bankers Association.

Mohawk Reports Highest Adjusted Q4 Earnings Ever   Full Article
Calhoun, GA, Feb. 20, 2015 -- Mohawk Industries reported fourth quarter net earnings of $147 million and earnings per share of $2.00 on net sales of $1.95 billion.

Home Rental Prices Increase in January   Full Article
New York, NY, Feb. 20, 2015 -- Home rental prices continued to rise in January across the country, although they remained flat in some areas of the Midwest and Mid-Atlantic, real estate data firm Zillow said.

NWFA Trade Show Floor Sells Out   Full Article
St. Louis, MO, Feb. 20, 2015 -- With 10 weeks to go until its 2015 Wood Flooring Expo in April, the National Wood Flooring Association said the trade show floor has sold out, with 462 booths registered to 257 companies.

Propex Backing on Carpet in Domotex Innovations Area   Full Article
Chattanooga, TN, Feb. 20, 2015 -- Propex said that its backing on carpet made by Edel Tapijt was selected for the innovative products area at Domotex.

Low Downpayment Mortgage Fails to Lure Buyers   Full Article
Irvine, CA, Feb. 19, 2015 -- The 3% downpayment mortgage wasn't very popular last year, according to real estate tracking firm RealtyTrac.

Interface Reports Higher Income, Sales in Quarter   Full Article
Atlanta, GA, Feb. 19, 2015 -- Interface, Inc. reported fourth quarter net income of $15.8 million, or $0.24 per share, compared to net income of $13.0 million, or $0.20 per share, a year ago.

Initial Jobless Claims Back Under 300,000   Full Article
Washington, DC, Feb. 19, 2015 -- Initial claims for unemployment benefits fell by 21,000 to a seasonally adjusted 283,000 in the week ended Feb. 14, the Labor Department said.