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.

Homebuilding Not Likely to Rebound This Year

Homebuilding Not Likely to Rebound This Year

Orlando, FL, February 13, 2008-- Housing starts could drop another 30 percent in 2008, matching last year’s sharp drop, according to a forecast by the National Association of Home Builders presented at the organization’s annual convention.

Initial Jobless Claims Fall in Week

Washington, DC, February 14, 2008--First-time jobless claims fell for the second consecutive week, after a large increase late last month, the Labor Department reported Thursday.

Solutia Seeks Citi Testimony on Exit Financing

Solutia Seeks Citi Testimony on Exit Financing

Philadelphia, PA, February 13, 2008 — Solutia Inc. wants to force Citigroup Inc. Chief Executive Vikram Pandit to answer questions about his firm's decision to back out of $2 billion worth of promised Chapter 11 exit financing.

Small Business Optimism Falls to 1991 Levels

Washington, DC, February 13, 2008 -- The National Federation of Independent Business Index of Small Business Optimism fell 2.8 points in January to 91.8, the lowest reading since January 1991.