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.

Maryland Fine Rug Firm Affected by Embargo

Maryland Fine Rug Firm Affected by Embargo

Chevy Chase, MD, Sept. 14, 2011 -- Parvizian Fine Rugs, a longtime landmark in Chevy Chase that serves an affluent clientele, is downsizing and moving to smaller space, according to the Washington Post.

Business Inventories, Sales Rise in July

Washington, DC, Sept. 14, 2011 -- Business inventories rose 0.4% in July, slightly less than expected, following a similar gain in June, according to the Commerce Department.

Little Sign of Inflation in Wholesale Prices

Washington, DC, Sept. 14, 2011 -- Core wholesale prices, excluding the volatile food and energy categories, edged up 0.1% in August, the smallest increase in three months, according to the Labor Department.

Number of Underwater Homeowners Declines

New York, NY, Sept. 13, 2011 -- The number of underwater U.S. homeowners declined in the second quarter as more residences were lost to foreclosure, according to CoreLogic Inc.