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.
New York, NY, March 2, 2015-- CBS’s 60 Minutes aired a program in which it reported that independent testing of Chinese-made Lumber Liquidators laminate flooring revealed 30 of 31 samples to be noncompliant with formaldehyde emissions standards.
Englewood Cliffs, NJ, March 2, 2015—Trading of Lumber Liquidators stock was halted briefly Monday morning and then continued to tumble throughout the day.
Omaha, NE, March 2, 2015—Berkshire Hathaway, owner of Shaw Industries, released its financial report on February 28, which reveals that, though its building product businesses were up as a whole in 2014, Shaw experienced a decline in earnings.
New York, NY, March 2, 2015—The pace of U.S. manufacturing growth fell in February to its slowest rate in 13 months, according to the Institute for Supply Management, reports Reuters.
Chicago, IL, March 2, 2015—Job cut announcements rose to their highest level in nearly two years in January, as falling oil prices prompted cost-cutting efforts in energy and related industries, reports Challenger, Gray, & Christmas, Inc.
Washington, DC, March 2, 2015—The Multifamily Production Index (MPI) released by the National Association of Home Builders (NAHB) held steady at a reading of 54 for the fourth quarter of 2014, according to Multifamilybiz.com.
New York, NY, March 2, 2015—Consumer confidence fell in February after increasing in January, according to the Conference Board’s Consumer Confidence Index.
Washington, DC, Feb. 27, 2015 -- Pending home sales increased 1.7% in January, according to the National Association of Realtors.
Dallas, TX--February 27, 2015--On February 24, the Board of Appeal confirmed the validity of Windmöller's patent, overturning the previous negative decision. No further appeal is possible.
Washington, DC, Feb. 27, 2015 -- The Multifamily Production Index released by the National Association of Home Builders held steady with a reading of 54 for the fourth quarter of 2014.