Consumer Sentiment at 11-Year High
Ann Arbor, MI, Jan. 16-2015 -- Consumer sentiment in January surged to the highest level in 11 years, according to the preliminary reading of the University of Michigan/Thomson Reuters consumer sentiment index.
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.
Engineered Floors Using Dye, Stain Technologies in Soft Nylon
Dalton, Ga., Jan. 16, 2015 – Dream Weaver Carpet and Engineered Floors say they are using technology they developed for coloring polyester fiber and applying it to soft nylon.
Consumer Prices Fall Most in Six Years
Washington, DC, Jan. 16, 2015 -- U.S. consumer prices fell 0.4% in December, the largest drop since the end of 2008, according to the Labor Department.
Dealer Discovers Rug Owned by FDR
New York, NY, Jan. 16, 2015 -- John Ahdoot of Ahdoot Oriental Rugs recently discovered a rug in a New Jersey couple’s home that once belonged to Franklin Delano Roosevelt.
Shnier To Distribute Metroflor's Aspecta in Canada
Norwalk, CT, Jan. 16, 2015 -- Metroflor Corp. said it has formed a partnership with Shnier, a leading Canadian floor covering company, to distribute its commercial Aspecta LVT.
HPS Schönox To Name Contest Winners on Thursday
Las Vegas, NV, Jan. 16, 2015 -- HPS Schönox will present the winner of its Schönox Worst Subfloor in North America Contest at Surfaces next Thursday at 11 a.m..
New York Manufacturing Rebounds in January
Washington, DC, Jan. 15, 2015 –- Manufacturing activity in New York state surged in January following a decline in December, according to the Federal Reserve.
IVC Deal a Good Sales Opportunity for Mohawk
New York, NY, Jan. 15, 2015 -- Stifel Nicolaus still has a "buy" rating on shares of Mohawk Industries following Mohawk's announced acquisition of vinyl firm IVC for $1.2 billion.
The Mohawk Group and Starnet Decide Not to Renew Partnership Contract
Atlanta, GA, Jan. 14, 2015 – Negotiations to renew The Mohawk Group and Starnet contract failed to successfully reach a satisfactory agreement for both parties. As a result, the partnership between Starnet and Mohawk has ended.
Initial Jobless Claims Highest Since September
Washington, DC, Jan. 15, 2015 – Initial claims for unemployment benefits last week increased to the highest level since early September, according to the Labor Department.