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.

Data Show Manufacturing Downturn Nearing End

Washington, DC, Aug. 3, 2009--Conditions for the nation's manufacturers continued to improve in July, the Institute for Supply Management reported Monday.

Construction Spending Rose Unexpectedly in June

Washington, DC, Aug. 3, 2009--U.S. construction spending unexpectedly rose in June, as residential real estate and government projects led the way.

Valinge Says License Volume Sign Market Improving

Viken, Sweden, July 31, 2009--Valinge said that it license volumes improved in the second quarter, rising about 15% from the first quarter 2009.

Greenspan Says Economy's Hit Bottom

Washington, DC, Aug. 3, 2009--Growth may resume at a rate faster than most economists foresee, former Federal Reserve Chairman Alan Greenspan said Sunday.

GDP Better Than Expected, Economy on The Mend

Washington, DC, July 31, 2009--The U.S. economy showed more signs of recovery as the second quarter measure of Gross Domestic Product indicated the economy contracted at a pace of just 1 percent.

Mohawk Earnings Better Than Company Expected

Calhoun, GA, July 30, 2009--Mohawk Industries Inc. reported second quarter net earnings of $46 million and earnings per share of $0.67.

Florida Tile Moving Headquarters to Kentucky

Lakeland, FL, July 30, 2009--Florida Tile Inc. is moving its corporate headquarters to Lexington, Ky., from Lakeland, Fla.

Mortgage Rates Continue To Rise

Washington, DC, July 31, 2009--Mortgage rates rose for a second consecutive week, which could pressure property sales.

Tennant Earnings Buoyed By New Cleaning Technology

Minneapolis, MN, July 30, 2009--Tennant Company reported net earnings of $3 million, or $0.16 per share, on second quarter net sales of $148.6 million

Chicago Manufacturing Index Improves Again

Chicago, IL, July 31, 2009--Manufacturing activity improved for the second straight month in the Chicago region in July.