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.

Fed Considering Variety of Stimulus Measures

Fed Considering Variety of Stimulus Measures

Washington, DC, Aug. 31, 2011 -- There was no clear agreement among Federal Reserve officials at their Aug. 9 meeting about what kind of further stimulus the Fed might pursue at its next meeting if the economy continues to backslide.

Chicago PMI Still Shows Expansion in Region

Chicago, IL, Aug. 31, 2011 -- The Chicago Purchasing Managers Index, a measure of business strength, came in higher than expected at 56.5 in August, down marginally from 58.8 in July.

Consolidation Likely for Public Homebuilders?

New York, NY, Aug. 31, 2011 -- The Wall Street Journal is speculating that the homebuilding industry, specifically publicly traded companies, might have to consolidate to survive, if the market doesn't pick up soon.

Home Prices Increase Third Straight Month

Home Prices Increase Third Straight Month

Washington, DC, Aug. 30, 2011 -– Home prices rose for a third straight month in most major U.S. cities in June, according to the Standard & Poor's/Case-Shiller home-price index.