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.

New York Manufacturing Slows in March

New York Manufacturing Slows in March

New York, NY, March 17, 2015—Manufacturing activity in New York state expanded at a slightly slower pace in March, slowed by weaker shipments and new orders, according to the Federal Reserve Bank of New York.

Tarkett Flooring Featured on Nat Geo's Cabin Fever

Tarkett Flooring Featured on Nat Geo's Cabin Fever

Chagrin Falls, OH, March 17, 2015—Tarkett flooring was recently featured on National Geographic Channel’s new show Cabin Fever. Tarkett’s FiberFloor, laminate and luxury vinyl tile (LVT) were utilized throughout the space.

Sale of HUD Loans Helps Over 16K Avoid Foreclosure

Sale of HUD Loans Helps Over 16K Avoid Foreclosure

Washington, DC, March 16, 2015—The sale of $16.7 billion in nonperforming loans by the U.S. Housing and Urban Development Department helped the owners of about 16,700 homes avoid foreclosure, reports Bloomberg Business.

Wholesale Prices Slid in February

Wholesale Prices Slid in February

Washington, DC, March 13, 2015—Wholesale prices fell 0.5% in February, says the U.S. Bureau of Labor Statistics. The unexpected drop represents the fourth consecutive down month, as measured by the Labor Department’s producer price index.

Average Mortgage Rates Rising, Buoyed by Strong Jobs Report

Average Mortgage Rates Rising, Buoyed by Strong Jobs Report

McLean, VA, March 13, 2015—Average fixed rate mortgage rates are moving higher amid a strong jobs report and bringing mortgage rates back to where they were at the start of 2015, according to the results of Freddie Mac’s Primary Mortgage Market Survey.