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.

Consumer Spending Down 1% in October

Washington, DC, Nov. 26, 2008--Consumer spending fell 1% last month, the largest decline since September 2001, the Commerce Department reported Wednesday.

US Floors Beginning Expansion in Georgia

Dalton, GA, Nov. 25, 2008--U.S. Floors is beginning an $11 million expansion in Dalton that will add at least 15 new jobs next year, according to a story in the Dalton Daily citizen.

Slack Consumer Spending Slows GDP in Q3

Washington, DC, Nov. 25, 2008--The U.S. economy contracted at a slightly faster pace in the third quarter than initially estimated, government data showed Tuesday.

Topps Tiles Profit Falls Despite Flat Sales

London, England, Nov. 25, 2008--Topps Tiles, a provider of tile and wood flooring, reported a decline in profit for the full year 2008, with revenues almost flat with the previous year.

Foreclosures Pushing House Prices Lower

New York, NY, Nov. 25, 2008--House prices in 20 U.S. cities in September declined at the fastest pace on record as rising foreclosures pushed down property values.

Home Resales Fall 3.1% in October

Home Resales Fall 3.1% in October

Washington, DC, Nov. 24, 2008--Resales of single-family homes and condos fell 3.1% in October to a seasonally adjusted annual rate of 4.98 million, the National Association of Realtors reported Monday.