Today's Flooring News

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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.

Housing Starts Rise In November

Washington, DC, Dec. 16--Housing starts rose 4.5% to a seasonally adjusted annual rate of 2.070 million homes in November, the Commerce Department said Tuesday.

Greenspan: China Isn't Costing U.S. Jobs

Washington, DC, Dec. 15--Federal Reserve Chairman Alan Greenspan said Thursday that a rise in the value of China's currency against the dollar probably would have little impact on America's soaring trade deficit or the loss of U.S. manufacturing j

Retail Sales Bounce Back

Washington, DC, Dec. 11--Retails sales bounced back in November amid an increase in demand at auto dealers and electronics stores.

Tandus' Earnings Down

Dalton, GA, Dec. 9--Tandus Group, Inc., which includes Collins & Aikman Floorcoverings, Inc., and Subsidiaries, reports earnings for the third quarter (13 weeks) and nine months year-to-date (39 weeks) ended October 25.

WFCA To Manage FCIF Operations

Anaheim, CA, Dec. 8--The board of directors of the World Floor Covering Association (WFCA) and the Floor Covering Industry Foundation (FCIF) have entered into a agreement whereby the WFCA will manage the day-to-day operations of the FCIF.

Dixie Sells Ringgold Plant To Shaw

Chattanooga, TN, Dec. 5--The Dixie Group, Inc. on Friday announced that it had executed a definitive agreement to sell its Ringgold, Georgia, spun carpet yarn production facility to Shaw.

Arrests Made in Home-Improvement Scam

Atlanta, Dec. 5-- Secret Service agents arrested three people Thursday on charges of defrauding Home Depot and Lowe's stores across the South out of $150,000 in rugs and other merchandise by switching the bar codes on products.