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.
Washington, DC, May 4--The Federal Reserve moved a step closer toward raising interest rates for the first time since 2000, saying strong economic and jobs growth has defused the deflationary threat that preoccupied the central bank for a year.
Auckland, New Zealand, May 5, Feltex Carpets Limited confirmed its intention to list on the New Zealand sharemarket through the launch today of a public offering of its shares.
Dalton, GA, May 4--Shaw Industries’ purchase of the North Georgia operations of the Dixie Group in December 2003 introduced a number of new products and markets to the company.
Washington, DC, Apr. 26--Sales of new homes rose to a record 1.228 million annual rate in March, exceeding forecasts.
Washington, DC, Apr. 23--Orders for long-lasting durable goods surged again in March, as U.S. factories sought to keep up with unexpectedly strong demand for a broad array of products, a Commerce Department report on Friday showed.
Charlotte, NC, Apr. 11--Effective May 1, or as contracts allow, BASF will raise prices in the U.S. and Canada on all Styrofan carboxylated styrene-butadiene emulsion polymers supplied to the carpet industry by $0.03 per dry pound.
Manchester, NH, Mar. 30--Carpet One, the largest floorcovering retailer in North America with more than 1,000 stores in the U.S. and Canada, announced today a growth plan to add 250 new Carpet One stores over the next five years.
New York, Mar. 30--The Conference Board's Consumer Confidence Index, which had declined sharply last month, was flat in March
Alexandria, VA. Mar. 25--Coverings, the leading showcase for ceramic tile and natural stone floor coverings, has selected Michelle Griffoul Studios as the $10,000 Grand Prize winner of the 2004 Spectrum Award.
Washington, D.C., Mar. 24--Sales of new U.S. homes surged unexpectedly in February to their highest level since August, a Commerce Department report showed on Wednesday.