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.
New York, NY, Sept. 21, 2009--Crude-oil futures fell Monday to under $70 a barrel for the first time in a week, as a stronger dollar weighed on commodities prices and as concerns about weak demand continued to dampen trading sentiment.
New York, NY, Sept. 21, 2009--The Conference Board Leading Economic Index for the U.S. increased 0.6 percent in August, following a 0.9 percent gain in July, and an 0.8 percent rise in June.
Helsinki, Findland, Sept. 21, 2009--Nobel economist Paul Krugman said the global economic downturn has probably hit bottom though the recovery will be “slow and painful.”
Clinton, SC, Sept. 18, 2009--Anderson Hardwood Floors said it is one of the first hardwood flooring manufacturers to be awarded Greenguard Indoor Air Quality Certification for all of its flooring.
Dalton, GA, Sept. 18, 2009--Faus said it has terminated its license agreement with Chinafloors Timber (Shanghai) Co., Ltd. and Zhejiang Chinafloors Timber Co., Ltd. because of noncompliance with the contractual terms of the agreement.
Washington, DC, Sept. 18, 2009--The National Association of Home Builders and other housing players this week launched a newspaper advertising campaign urging the extension of the popular first-time home-buyer tax credit.
Dalton, GA, Sept. 18, 2009--Shaw floors were selected for both 2009 Southern Living idea houses this summer.
Washington, DC, Sept 18, 2009--The Federal Housing Administration said Friday its cash cushion will fall below below mandated levels for the first time, although officials say it won't need a taxpayer rescue.
Cartersville, GA, Sept. 17, 2009--Fiber maker Aquafil has secured a $66 million investment from English firm Hutton Collins.
Washington, DC, Sept. 17, 2009--Housing construction rose in August to the highest level in nine months as a, increase in apartment building offset a decline in single-family construction.