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.
Washington, DC, Aug. 10, 2009--Economic forecasters say the recession will end this quarter, but most also believe a U.S. recovery will be subdued, according to the monthly survey of economists by Blue Chip Economic Indicators.
Omaha, NE, Aug. 10, 2009--Berkshire Hathaway reported net after-tax profit of $3.295 billion for the second quarter, or $2,123 per class A share.
Atlanta, GA, Aug. 7, 2009--Beazer Homes reported Thursday that its revenue sank by more than half, due to a 43 percent decline in home closings and a 9 percent drop in the average selling price.
Waltham, MA, Aug. 7, 2009--Carpet One Floor & Home has launched its e-commerce platform developed by Blueport Commerce.
Bradford, England, Aug. 7, 2009--British Wool has launched a new show card to its partners in the USA, depicting the natural, environmental benefits of choosing British Wool carpet.
Washington, DC, Aug. 7, 2009--The National Association of Home Builders is sounding the alarm about proposed legislation regarding home energy efficiency that it says could price many home buyers out of the market.
Washington, DC, Aug. 6, 2009--The Obama administration is considering an overhaul of Fannie Mae and Freddie Mac that would strip them of billions of dollars in bad loans and create a new structure to support the home-loan market.
New York, NY, Aug. 6, 2009--Nearly half of U.S. homeowners with a mortgage are likely to owe more than their properties are worth before the housing recession ends, Deutsche Bank said.
Mount Pleasant, WI, Aug. 6, 2009--The new Carpet Warehouse here is the ninth flooring store for the family-owned Contract Carpets LLC.
Washington, DC, Aug. 6, 2009--U.S. non-manufacturing industries contracted for the 10th consecutive month in July, the Institute for Supply Management reported Wednesday.