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.
London, England, Nov. 24, 2009--Topps Tiles posted a better-than-expected 45 percent fall in annual profit to 16.3 million pounds but said there were signs of a return to stability in its new financial year.
New York, NY, Nov. 24, 2009--House prices in 20 major U.S. cities rose for a fourth straight month in September, according to the S&P/Case-Shiller home-price index.
London, England, Nov. 24, 2009--The carpet industry is developing a National Action Plan to help it improve the current 2% recycling rate for carpet in the UK.
Santa Ana, CA, Nov. 24, 2009--Roughly 23% of homeowners with mortgages owe more than their properties are worth, according to First American CoreLogic, a real-estate information company.
Washington, DC, Nov. 24, 2009--Third quarter Gross Domestic Product was revised down, the government said Tuesday.
New York, NY, Nov. 24, 2009--Chain-store sales for the week ended Nov. 21 rose 3.3% from the year-earlier period, according to the International Council of Shopping Centers and Goldman Sachs.
Washington, DC, Nov. 23, 2009--Driven by the first-time buyer tax credit, existing-home sales showed another big gain in October, according to the National Association of Realtors.
Washington, DC, Nov. 23, 2009--The November outlook by the National Association for Business Economics shows economists expect net employment losses to bottom out in the first quarter of next year.
New York, NY, Nov. 23, 2009--The Rainforest Alliance issued a statement after a Gibson guitar plant in Nashville, Tenn. came under investigation for possible violation of the Lacey Act
Shenzhen, China, Nov. 23, 2009--Yekalon Industry Inc. said it has successfully defended a Unilin lawsuit over its interlocking technology for laminate and wood flooring.