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.

Durable Goods Orders Surge in July

Durable Goods Orders Surge in July

Washington, DC, Aug. 25, 2014 -- Durable goods orders rose sharply in July, mostly due to demand for aircraft, according to the Commerce Department.

FHFA Confirms House Price Increases Decelerating

FHFA Confirms House Price Increases Decelerating

Washington, DC, Aug. 26, 2014 -- The Federal Housing Finance Agency said that U.S. house prices rose 0.8% in the second quarter, according to its purchase-only, seasonally adjusted House Price Index.

New Home Sales Fall in July

New Home Sales Fall in July

Washington, DC, Aug. 25, 2014 -- Sales of new single-family home fell again in July, according to the Commerce Department.

Van de Wiele To Build Chattanooga Facility

Van de Wiele To Build Chattanooga Facility

Chattanooga, TN, Aug. 25, 2014 -- Van de Wiele, one of the largest manufacturers of high performing machines for the textile industry, said it plans to invest $5 million in a Chattanooga facility.

Armstrong Shares Downgraded but Consensus is Positive

Armstrong Shares Downgraded but Consensus is Positive

New York, NY, Aug. 25, 2014 -- Despite a downgrade to "underperform" by analyst Zacks, shares of Armstrong World Industries have been given a consensus rating of “buy” by the dozen ratings firms that are currently covering the stock.

Business Economists Say Policy on Right Track

Business Economists Say Policy on Right Track

Washington, DC, Aug. 25, 2014 -- The National Association for Business Economics' economic policy survey found that 53% of business economists believe U.S. monetary policy is on the right track.