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.

NRF Forecasts Holiday Spending to Rise in 2023

NRF Forecasts Holiday Spending to Rise in 2023

Washington, DC, November 3, 2023—The National Retail Federation forecast that holiday spending is expected to reach record levels during November and December and will grow between 3% and 4% over 2022 to between $957.3 billion and $966.6 billion.

Fed Extends Rate Hike Pause

Fed Extends Rate Hike Pause

Washington, DC, November 2, 2023—"Federal Reserve Chair Jerome Powell hinted the central bank might be done raising interest rates for now but was careful not to rule out another increase after officials extended a pause in hikes,” reports the Wall Street Journal.

Shaw's Baucom and Bell Named to Georgia 500 List

Shaw's Baucom and Bell Named to Georgia 500 List

Dalton, GA, November 2, 2023-Shaw Industries announces the inclusion of president and CEO Tim Baucom and Vance Bell, former CEO and current chairman of the board, in Georgia Trend magazine's Georgia 500 list.