Business Inventories, Sales Rise in July
Washington, DC, Sept. 14, 2011 -- Business inventories rose 0.4% in July, slightly less than expected, following a similar gain in June, according to the Commerce Department.
Today's Flooring News
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Little Sign of Inflation in Wholesale Prices
Washington, DC, Sept. 14, 2011 -- Core wholesale prices, excluding the volatile food and energy categories, edged up 0.1% in August, the smallest increase in three months, according to the Labor Department.
UK's Victoria Carpets Buys LVT Distributor
Kidderminster, UK, Sept. 13, 2011 -- Carpet manufacturer Victoria Carpets is entering the luxury vinyl flooring market after buying distributor C & H Distribution Limited.
Number of Underwater Homeowners Declines
New York, NY, Sept. 13, 2011 -- The number of underwater U.S. homeowners declined in the second quarter as more residences were lost to foreclosure, according to CoreLogic Inc.
Business Economists Lower Growth Forecasts
Washington, DC, Sept. 13, 2011 -- Economists with the National Association for Business Economics are scaling back their growth forecasts for 2011 and next year.
InterfaceFlor Planning Test of Airline Carpet
LaGrange, GA, Sept. 13, 2011 -- InterfaceFlor is reportedly in talks with a second airline to launch a beta demonstration of a new modular carpet system for Boeing 737 aircraft cabins, according to online site Flightglobal.
Import Prices Decline in August
Washington, DC, Sept. 13, 2011 -- Prices fell on products imported into the U.S. in August, according to the Labor Department.
Durkan Unveiling Partnership Collections at Show
Miami, FL, Sept. 13, 2011 -- Durkan, Mohawk's hospitality brand, is partnering with Oren Sherman and Astek Wallcovering, Inc. for its latest collections, which will be unveiled this week at HD Boutique 2011.
Empire Today Begins Carpet Recycling Program
Northlake, IL, Sept. 12, 2011 -- Empire Today said it is participating in the Carpet America Recovery Effort (CARE) and is initiating a recycling program.
Mohawk, Karastan Begin Operation Rebuild
Dalton, GA, Sept. 12, 2011 -- Mohawk and Karastan are launching Operation Rebuild to help retailers and consumers on the east coast who were severely affected by Hurricane Irene.