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.

Flooring Firm Faces Racketeering Trial

Gainesville, GA, May 26--More than 120 complaints against a Gainesville-based Internet business are enough to put its two operators on trial for racketeering, said a Hall County Magistrate, according to the Gainesville Times.

April Existing Home Sales Short of Record

Washington, DC, May 25--Sales of existing single-family homes rose for the third consecutive month and were at the second-highest pace on record, according to the National Association of Realtors.

Consumer Confidence Holds Steady

New York, NY, May 25--The Conference Board’s Consumer Confidence Index, which had improved last month, was virtually unchanged in May.

Shaw Schedules SFA Convention

Dalton, GA, May 25--Shaw Industries has announced that the bi-annual convention for Shaw Flooring Alliance retailers will be held at the Gaylord Texan Resort and Convention Center in Dallas.

Nafco Expands PermaStone Offering

Houston, TX, May 24--Today Nafco by Tarkett announced the launch of a new collection within its PermaStone line--PermaStone Modular--which offers a variety of newly sized tiles that can be assembled into modular units.

Rising Material Costs Hit Construction Industry

Dallas, TX, May 24--Builders are being hammered by skyrocketing prices. Costs of lumber, steel and concrete are surging, which adds thousands of dollars to the price tags of homes, apartments and commercial buildings, according to the Dallas Morning News.

Retail Furnishings Sales Off

Charlotte, NC, May 24--Results from some major furnishings retailers last week suggest U.S. consumers may be slowing their impulsive home-oriented purchases.

Analysts Expect Wood Prices to Remain High

New York, NY, May 24--Although wood panel prices have started to retreat from record highs, industry executives and analysts are shrugging off recent housing data and expectations of higher interest rates, saying they expect prices for the building materi