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.

Construction Spending Rises in August

Construction Spending Rises in August

Washington, DC, Oct. 3, 2011 -- U.S. construction spending rose unexpectedly in August from a drop in July, bolstered by state and local government building projects, according to the Commerce Department.

Capel Teams With Gorder on New Rug Line

Capel Teams With Gorder on New Rug Line

Troy, NC, Oct. 3, 2011 -- Capel Rugs has teamed up with interior designer and HGTV star Genevieve Gorder to create a line of rugs that will debut at the October High Point Market.

Federal Mortgage Aid Program Falls Short

Washington, DC, Oct. 3, 2011 -- A federal government $1 billion mortgage program to help the unemployed will likely end up spending only half the funds because few people could meet the qualifications.

Lumber Liquidators Buys Assets of Supplier

Lumber Liquidators Buys Assets of Supplier

Toano, VA, Sept. 30, 2011 -- Lumber Liquidators said it has agreed to acquire certain assets of Sequoia Floorings relating to operations in China for $8 million, including $5 million in cash.

September Consumer Sentiment Revised Higher

Ann Arbor, MI, Sept. 30, 2011 -- Consumer sentiment rose to 59.4 in September but was still at a low level after falling to a nearly three-year low 55.7 in August, according to the Thomson Reuters/University of Michigan index.

InterfaceFlor Wins NeoCon Canada Awards

InterfaceFlor Wins NeoCon Canada Awards

Toronto, Ontario, Canada, Sept. 30, 2011 -- InterfaceFlor took five IIDEX/NeoCon Innovation Awards, including Gold in the Sustainable Products category for Striation, a new modular carpet tile.