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.

GDP Up 3.5% in Third Quarter, Government Says

GDP Up 3.5% in Third Quarter, Government Says

Washington, DC, Oct. 29, 2009--The economy expanded at a 3.5% annual pace in the third quarter, the first increase in real gross domestic product in a year and the strongest growth in two years, the government said.

Senate Agrees To Expansion of Tax Credit

Washington, DC, Oct. 29, 2009--Senators have struck a deal to extend a tax credit for home buyers beyond those buying their first house, Senate Majority Leader Harry Reid's office said Wednesday.

Economist Sees Mixed Construction Picture in 2010

Economist Sees Mixed Construction Picture in 2010

Washington, DC, Oct. 29, 2009--Ken Simonson, chief economist for the Associated General Contractors of America, struck a cautious tone last week about the state of construction during Reed Construction Data's 2010 construction forecast.

Initial Jobless Claims Edge Lower

Initial Jobless Claims Edge Lower

Washington, DC, Oct. 29, 2009--Initial jobless claims were little changed last week, the government said Thursday, with a total figure that missed analysts' expectations.