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.

Home Depot Expects Housing Weakness into 2008

Home Depot Expects Housing Weakness into 2008

Atlanta, GA, September 5, 2007--Home Depot expects no recovery in the housing market for the rest of 2007 and continued weakness into next year, Chief Executive Frank Blake said on Wednesday.

Beige Book Says Effect of Credit Turmoil Limited

Beige Book Says Effect of Credit Turmoil Limited

Washington, DC, September 5, 2007--The Federal Reserve found the effects of the August credit-market rout on the broader economy to be ``limited'' beyond the housing industry, according to its regional business survey.

CFI Member Wins Trip to Surfaces Conference

CFI Member Wins Trip to Surfaces Conference

Dallas, TX, September 5, 2007-- Roland Thompson of Kehne’s Carpet One in Frederick, Maryland won the “Surfaces 2008 CFI Giveaway” at the 14th Annual Certified Floorcovering Installers Convention.

Convenience Gives Home Depot Edge Over Lowe's

In the battle of the big-box home centers, homeowners give a slight preference to Lowe's Cos. (LOW) but Home Depot Inc. (HD) still gets more of their money thanks to the larger chain's convenient locations, according to a recent survey.

Non Manufacturing Expansion Unchanged in July

Non Manufacturing Expansion Unchanged in July

Tempe, AZ, September 6, 2007--Business activity in the non-manufacturing sector increased at the same rate in August as in July, according to the Non-Manufacturing ISM Report On Business.

Jobless Claims Drop 19,000

Jobless Claims Drop 19,000

Washington, DC, September 6, 2007—Jobless claims fell 19,000 to 318,000 in the week ending September 2, according to the Labor Department.