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 Balances Two Markets

Atlanta, GA, Jun. 15--Walk into a Home Depot and you're likely to see a couple of do-it-yourselfers perusing Berber rug samples and claw-footed bathtubs.

Consumer Sentiment Jumps

Ann Arbor, MI, Jun. 15--Consumer sentiment jumped in early June, as Americans grew increasingly optimistic about their current and future prospects, according to figures released Tuesday.

More Employers Expect to Add to Workforce

New York, NY, Jun. 15--About 30% of U.S. employers expect to add workers to their payrolls in the third quarter, according to the latest Manpower Employment Outlook Survey.

Doughty Hanson Buys Balta

London, England, Jun. 15--Doughty Hanson & Co., a London-based buyout firm, agreed to buy Balta Industries NV, a family-owned Belgian maker of rugs and carpets, for 600 million euros ($723 million).

Consumer Prices Up in May

Washington, DC, Jun. 15--Consumer prices rose at their fastest clip in more than three years in May amid a surge in gasoline prices, all but ensuring that the Federal Reserve will raise interest rates at the end of this month.

Shaw Now Largest in Manufactured/Modular Housing M

Dalton, GA, Jun. 15--Calling it “an excellent match,” Executive Vice President Julius Shaw of Shaw Industries stated that a recent highlight for the company was its acquisition of Dixie Group’s north Georgia operations.