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.

Suppliers Move To Force Home Valu Into Bankruptcy

Minneapolis, MN, Feb. 2, 2010--Three suppliers, including one of the country's largest flooring distributors, who are owed nearly $500,000 by Home Valu Interiors, have moved to force the company into bankruptcy.

Pending Homes Sales Up in December

Washington, DC, Feb. 2, 2010--Pending home sales rose 1% in December, according to the National Association of Realtors, but were much higher than a year ago.

Construction Spending Falls Again in December

Construction Spending Falls Again in December

Washington, DC, Feb. 1, 2010--U.S. construction spending fell at a seasonally adjusted rate of 1.2% in December, the fifth decline in the past six months and the lowest rate since August 2003, the Commerce Department said.