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.

Consumer Sentiment Ticks Up in May

Ann Arbor, MI, May 15, 2009--The Reuters/University of Michigan Surveys of Consumers' preliminary May consumer sentiment index rose to 67.9 from April's final reading of 65.1, according to a report released on Friday.

Another Caught in Home Depot Kickback

Atlanta, GA, May 15, 2009--Melissa Deaton Tesvich, the former wife of Anthony Tesvich, alleged mastermind of a flooring kickback scheme at Home Depot, pleaded guilty to filing a false tax return, the U.S. Attorney’s Office in Atlanta said.

Commercial Mortgage Lending Falls in Q1

Commercial Mortgage Lending Falls in Q1

Washington, DC, May 14, 2009--Commercial and multifamily mortgage loan originations continued to drop in the first quarter of 2009, according to the Mortgage Bankers Association’s quarterly survey.

Oil Consumption Projected To Fall Sharply in '09

Paris, France, May 14, 2009--Oil consumption is projected to fall this year at the fastest pace since 1981 due to the world economies, the International Energy Agency said Thursday as it made new cuts to its forecast for crude demand.