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.

Second GDP Estimate Better Than Expected

Washington, DC, Aug. 27, 2009--Real gross domestic product fell at a 1% annualized rate after plunging 6.4% in the first quarter, the Commerce Department reported Thursday.

Oil Prices Falling Again on Economic Concerns

New York, NY, Aug. 27, 2009--Oil prices fell to near $71 a barrel on Thursday, dragged down by signs of faltering U.S. crude demand and concerns the global economic recovery will be anemic.

LG Hausys Enters Residential Resilient Market

LG Hausys Enters Residential Resilient Market

Atlanta, GA, Aug. 27, 2009--LG Hausys Floors, the resilient floor covering division of LG Hausys America, Inc., has entered the residential flooring market and hired industry veteran Curt Robinson to direct the business.

Mohawk Laminate in VIP Areas at U.S. Open

Flushing, NY, Aug. 27, 2009--Mohawk’s new Marcina laminate is being used in VIP areas in the USTA Billie Jean King National Tennis Center in Flushing, N.Y. during the U.S. Open.

New Home Sales Beat Expectations in July

New Home Sales Beat Expectations in July

Washington, DC, Aug. 26, 2009--Sales of new homes increased for the fourth month in a row in July, rising an estimated 9.6% to a seasonally adjusted annual rate of 433,000, the Commerce Department said.

Valinge Gets Patent for Bevel Method

Valinge Gets Patent for Bevel Method

Viken, Sweden, Aug. 26, 2009--Valinge has secured a new European “ Solid Edge” patent for a method to make laminate floorboards with compressed and deep solid bevels.

Major Homebuilders Looking for Lots

Denver, CO, Aug. 26, 2009--Homebuilders that spent the past three years selling off land and writing down the value of property holdings are scouring markets for deals on ready-to-build lots.