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.

SCS Now Testing in China Under CA Air Standards

Emeryville, CA, Nov. 5, 2008--Scientific Certification Systems has become the first accredited certifier under California's newly mandated formaldehyde emissions control program to provide California-accredited laboratory testing capacity in China.

Mortgage Application Volume Falls 20%

Mortgage Application Volume Falls 20%

Washington, DC, Nov. 5, 2008--Mortgage application volume filed last week fell 20.3% compared with the previous week, as rates on fixed-rate mortgages increased, the Mortgage Bankers Association reported on Wednesday.

Home Furnishings Sales Off 20% from Last Year

New York, NY, Nov. 5, 2008--U.S. consumers cut spending in October and avoided purchases of items over $1,000, according to figures released on Wednesday by SpendingPulse, the retail data service of MasterCard Advisors.

No Signs of Improvement in Two Jobs Reports

No Signs of Improvement in Two Jobs Reports

Chicago, IL, Nov. 5, 2008--Two employment reports released Wednesday showed the largest number of planned job cuts in nearly five years, with private sector jobs falling by the largest amount in nearly seven years.

Oriental Weavers Chosen HDC Vendor of Year

Dalton, GA, Nov. 4, 2008--From a pool of approximately 700 home décor vendors, Oriental Weavers was named Home Decorators Collection’s 2008 Vendor of the Year at the retailer’s recent Vendor Conference.

StonExpo Draws Good Crowd to Event

Dallas, TX, Nov. 4, 2008-- Attendance overall was down but solid at the StonExpo/Marmomacc Americas show Oct. 15-18, at the Mandalay Bay Convention Center in Las Vegas.

Banks Tighten Standards on All Types of Loans

Washington, DC, Nov. 4, 2008--Banks held back on all sorts of lending, from home mortgages to credit cards and business loans, as the worst financial crisis in seven decades took a bigger toll on the economy.