Construction Spending Rises in August
Washington, DC, Oct. 3, 2011 -- U.S. construction spending rose unexpectedly in August from a drop in July, bolstered by state and local government building projects, according to the Commerce Department.
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.
ISM Manufacturing Index Shows Expansion
Tempe, AZ, Oct. 3, 2011 -- The Institute for Supply Management’s factory index rose to 51.6 in September from 50.6 the prior month.
Capel Teams With Gorder on New Rug Line
Troy, NC, Oct. 3, 2011 -- Capel Rugs has teamed up with interior designer and HGTV star Genevieve Gorder to create a line of rugs that will debut at the October High Point Market.
UK's Halstead Sees Rising Full Year Profits
London, England, Oct. 3, 2011 -- Commercial flooring firm James Halstead said its full-year profit rose 7% as international sales gained.
Florida Tile Incorporates Ecoscorecard Technology
Lexington, KY, Oct. 3, 2011 -- Florida Tile has partnered with Ecoscorecard to help its customers measure Florida Tile products against the major environmental rating systems such as LEED.
Federal Mortgage Aid Program Falls Short
Washington, DC, Oct. 3, 2011 -- A federal government $1 billion mortgage program to help the unemployed will likely end up spending only half the funds because few people could meet the qualifications.
Lumber Liquidators Buys Assets of Supplier
Toano, VA, Sept. 30, 2011 -- Lumber Liquidators said it has agreed to acquire certain assets of Sequoia Floorings relating to operations in China for $8 million, including $5 million in cash.
September Consumer Sentiment Revised Higher
Ann Arbor, MI, Sept. 30, 2011 -- Consumer sentiment rose to 59.4 in September but was still at a low level after falling to a nearly three-year low 55.7 in August, according to the Thomson Reuters/University of Michigan index.
InterfaceFlor Wins NeoCon Canada Awards
Toronto, Ontario, Canada, Sept. 30, 2011 -- InterfaceFlor took five IIDEX/NeoCon Innovation Awards, including Gold in the Sustainable Products category for Striation, a new modular carpet tile.
Chicago Area Manufacturing Continues Expansion
Chicago, IL, Sept. 30, 2011 -- Manufacturing activity in the Chicago area expanded more rapidly in September, according to the Institute for Supply Management.