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.

Feds Cut Tariffs on Chinese Bedroom Furniture

Washington, DC, November 10--The federal government trimmed proposed tariffs on bedroom furniture imported from China, presenting good news for price conscious shoppers but dealing another blow to U.S. furniture makers.

Productivity Growth Slows in 3Q

Washington, DC, November 4--Productivity slowed in the third quarter to a 1.9 percent annual rate, but was still faster than expected, a preliminary government report showed on Thursday.

Armstrong’s 3Q Income Up

Lancaster, PA, November 5--Armstrong Holdings, Inc. yesterday reported third quarter 2004 net sales of $893.5 million, a 4.9% increase over third quarter net sales of $851.4 million in 2003.

Rebounding Job Markets Good News For Housing

Washington, November 2--While some of the nation’s job markets continue to be weak, at least 18 states have already surpassed their pre-recession employment peaks and others are in position to catch up fast, and that bodes well for housing demand.

Carpet Sells for $22,900 at Auction

Norwich, England, October 22--Two paintings expected to make the highest prices at a Norfolk auction were unexpectedly upstaged today – by a carpet, according to EDP24.

Leading Indicators Off for 4th Consecutive Month

New York, October 21-- The Conference Board announced today that the U.S. leading index decreased 0.1 percent, the coincident index increased 0.2 percent and the lagging index remained unchanged in September.

Australian Tile Company Closing its Doors

Melbourne, Australia, October 20--Ceramic tile maker Johnson Tiles is closing most of its manufacturing operations in Australia, resulting in the loss of 60 jobs from its Bayswater factory in Melbourne's outer east.