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.

Hovnanian Reports 4th Consecutive Loss

Hovnanian Reports 4th Consecutive Loss

Red Bank, NJ, September 7, 2007--As economic reports continue to show a struggling housing market, earnings figures from another luxury homebuilder Thursday did nothing to contradict them.

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.