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.

Foreclosures Keep Rising in Third Quarter

Foreclosures Keep Rising in Third Quarter

Irvine, CA, Oct. 15, 2009--Foreclosure activity rose more than 5 percent from summer to fall as a federal effort to assist struggling borrowers was overwhelmed by a flood of defaults among people who lost their jobs.

Aquafil Hosting Environmental Consultant at Event

Aquafil Hosting Environmental Consultant at Event

Cartersville, GA, Oct. 15, 2009--As part of its 10th anniversary celebration Oct. 22 at the Cartersville facility, Aquafil is featuring Gil Friend, author of “The Truth About Green Business” as the keynote speaker.

DriTac Moves Into New Manufacturing Facility

Clifton, NJ, Oct. 15, 2009--DriTac Flooring Products has moved to a new manufacturing facility for its line of adhesives, concrete sealers and repair systems for hardwood flooring installations.

Initial Jobless Claims Fall Again

Washington, DC, Oct. 15, 2009--Initial jobless claims fell by 10,000 to a seasonally adjusted 514,000 in the week ending Oct. 10, the Labor Department reported Thursday.

MBA: Foreclosures, Unemployment To Peak in 2010

MBA: Foreclosures, Unemployment To Peak in 2010

San Diego, CA, Oct. 14, 2009--Foreclosures will top out by the end of next year and unemployment will swell above 10 percent, Mortgage Bankers Association chief economist Jay Brinkmann said Tuesday.

Chain Store Sales Up Fifth Consecutive Week

Chain Store Sales Up Fifth Consecutive Week

New York, NY, Oct. 14, 2009--U.S. chain store sales rose for the fifth consecutive week during the seven days that ended Oct. 10, the International Council of Shopping Centers (ICSC) and Goldman Sachs reported.

Oil Prices Hit One-Year High

New York, NY, Oct. 14, 2009--Oil prices jumped above $75 a barrel Wednesday for the first time in a year on investor optimism crude demand will improve ahead of the Christmas shopping season.