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.

CARE Lauds Shaw Investment in GeoHay

Dalton, GA, Jan. 12, 2011 -- The Carpet America Recovery Effort has praised Shaw Industries' investment in GeoHay.

Economic Growth Moderate at Year's End

Washington, DC, Jan. 13, 2011 -- Economic growth continued to expand moderately at the end of 2010, the Federal Reserve said Wednesday in its Beige Book report.

Economists See 20% Increase in Home Building

Orlando, FL, Jan. 13, 2010 -- New-home builders across the country can expect to see their business increase as much as 20% this year, according to a story in the Orlando Sentinel.

Foreclosures in 2010 Slightly Higher Than 2009

Irvine, CA, Jan. 13, 2011 -- More than 1 million people lost their homes last year in foreclosure, according to foreclosure tracking firm RealtyTrac.

Initial Jobless Claims Higher Than Expected

Washington, DC, Jan. 13, 2011 -- Initial jobless claims rose to the highest level since October, the Labor Department reported.

Wholesale Prices Rise in December

Washington, DC, Jan. 13, 2011 -- U.S. wholesale prices rose 1.1% in December, mostly due to a spike in gasoline, the Labor Department reported Thursday.

Trade Gap Narrows in November

Washington, DC, Jan. 13, 2011 -- The U.S. trade deficit declined unexpectedly in November to the lowest level in 10 months, the Commerce Department said.

Shaw Takes Stake in Barrier Firm GeoHay

Dalton, GA, Jan. 12, 2011 -- Shaw Industries said it has invested in GeoHay LLC, a manufacturer of patented, barrier filtration products made from recycled carpet fibers. The extent of the investment was not disclosed.

Mannington Increasing Vinyl Prices Next Month

Salem, NJ, Jan. 11, 2011 -- Mannington said it will increase prices 4-6% on select commercial and residential vinyl products, effective with shipments on Feb. 14.

H.B. Fuller Reports Lower Income, Higher Sales

St. Paul, MN, Jan. 12, 2011 -- H.B. Fuller Company reported fourth quarter net income of $21.9 million, or $0.44 per share, versus $24.6 million, or $0.50 per share, a year ago.