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.
Washington, DC, Sept. 19, 2008--Global stock markets soared Friday as news of a possible U.S. government plan to rescue banks from toxic mortgage debt brought hope of a letup in the world's worst financial crisis in decades.
Dalton, GA, Sept. 18, 2008--Shaw Industries said it is launching a collection of durable polypropylene carpets, recycled engineered hardwoods, laminate and other carpets for nautical craft use, named Shaw Marine.
Chattanooga, TN, Sept. 19, 2008--Carpet fiber maker Solutia Inc. recently announced its intention to look for a buyer for its nylon business.
Washington, DC, Sept. 17, 2008--The Architecture Billings Index rose 0.8 to 47.6 in August.
Washington, DC, Sept, 18, 2008--The index of leading economic indicators fell 0.5 percent in August after sinking 0.7 percent in July, the Conference Board said Thursday.
Washington, DC, Sept. 18, 2008--Initial jobless claims rose unexpectedly by 10,000 last week, as job losses from Hurricane Gustav began to mount, the Labor Department reported on Thursday.
Fairlawn, OH, Sept. 17, 2008--Omnova Solutions Inc. reported net income of $3.1 million, or $0.07 per share, for the third quarter ended Aug. 31 compared to net income of $4.5 million, or $0.11 per share, for the third quarter of 2007.
Washington, DC, Sept. 17, 2008--Home construction fell a second month in a row during August, falling below expectations to the lowest level in 17 years.
Washington, DC, Sept. 16, 2008--U.S. home builders grew more confident about their business in early September, with sentiment rising for the first time in seven months, according to the the National Association of Home Builders.
Washington, DC, Sept. 17, 2008--Mortgage applications surged last week as refinancing soared on falling interest rates.