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.

Economists Say Recession To Last Through 2009

Washington, DC, Nov. 3, 2008--Most top economists believe the economy has fallen into a recession that will continue through next year.

U.S. Judge Rejects Invista's Lawsuit vs. DuPont

New York, NY, Nov. 3, 2008--A U.S. judge has rejected a lawsuit that accused DuPont and France's Rhodia SA of conspiring to steal Koch Industries Inc.'s proprietary technology that is used in nylon products

Manufacturing Falls to 1982 Levels

Tempe, AZ, Nov. 3, 2008-- Manufacturing in the U.S. contracted in October at the fastest pace in 26 years as the credit crisis deepened and companies slashed orders.

Solutia Cuts Contract Workers at Nylon Plant

Gonzalez, FL, Nov. 3, 2008--Solutia’s nylon plant in Gonzalez cut 50 contract workers last week in its manufacturing support division, according published reports.

Lowe's President Sees Sentiment Up After Election

Mooresville, NC, Nov. 3, 2008--Consumer sentiment should improve once the election is over, no matter what the outcome.

Credit Card Woes Could Be Next Economic Brake

New York, NY, Nov. 3, 2008--Fitch Ratings said Monday that U.S. credit card portfolio losses will increase in the year ahead, with measures of credit continuing to deteriorate into 2009.

Bentley Dye Services Starts Construction

Calhoun, GA, Oct. 31, 2008--Bentley Dye Services broke ground on a yarn manufacturing facility Thursday.

Slow Demand Forcing Shaw To Cut Manufacturing

Dalton, GA, Oct. 30, 2008--Shaw Industries said it is scaling back manufacturing at several facilities in Northwest Georgia.

Consumer Spending Falls in September

Washington, DC, Oct. 31, 2008--Consumer spending fell 0.4% in September, the Commerce Department reported Friday.

ArborCraft Gets FSC Certification

Johnson City, TN, Oct. 31, 2008--ArborCraft said it has received its Forest Stewardship Council (FSC) chain of custody certification.