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.

Surveys Show Global Manufacturing on The Mend

London, England, June 1, 2009--World stock markets rose strongly Monday after closely-watched manufacturing surveys reinforced hopes that the global economy may start to recover by the second half of the year.

Consumer Spending Down, Income Up

Washington, DC, June 1, 2009--Consumer spending fell in April from March, despite personal income posting the largest increase in 11 months, the Commerce Department said.

First Quarter GDP Revised Higher

Washington, DC, May 29, 2009--The U.S. economy contracted less than initially thought in the first quarter, falling at a revised 5.7% annual rate after sinking 6.3% in the fourth quarter.

Multi-Family Builders Growing More Optimistic

Multi-Family Builders Growing More Optimistic

Washington, DC, May 29, 2009--Recent hints of optimism in the housing industry appear to have spread to the multifamily sector, according to the National Association of Home Builders (NAHB).

Consumer Sentiment Rises Again

Ann Arbor, MI, May 29, 2009--U.S. consumer sentiment rose in May, but remained at relatively low levels, according to a survey released Friday by the University of Michigan and Reuters.