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.

Online Retailers Report Record Holiday Sales

New York, NY, Dec. 31--Online retailers have record sales to celebrate this season. E-commerce sales jumped 29%, from $9.08 billion to $11.72 billion from last year to this year.

America's Top Employers To Add Jobs

San Francisco, CA, Dec. 30--With the gathering winds of an economic expansion at their backs, many top U.S. employers are entertaining adding to their worker ranks in 2004.

Holiday Retail Sales Meet Expectations

New York, NY, Dec. 29--Official sales numbers won't be known for several weeks, but consumers' retail spending grew 6.5% for the Thanksgiving-to-Christmas shopping season.

GDP Growth Holds At 8.2%

Washington, DC, Dec. 23--The government left its estimate for third-quarter gross domestic product growth unchanged in a final reading.

Solutia Granted $85M In Bankruptcy Financing

St. Louis, MO, Dec. 20--Solutia Inc. was granted access Friday to $85 million in bankruptcy financing, dearly important funds for a company whose liquidity had dwindled to about $20 million.

Solutia Chapter 11 Update

St. Louis, MO, Dec. 19--Solutia Inc. edged closer Thursday evening to gaining access to $75 million in bankruptcy financing, with the judge overseeing the specialty chemicals maker's newly filed Chapter 11 case.

NAHB Expects Housing Market To Remain Strong

Washington, DC, Dec. 18--Coming off one of the housing market’s best years in history in 2003, the nation’s home builders expect to stay nearly as busy next year.

Solutia Files Voluntary Petition For Chapter 11 Re

St. Louis, MO, Dec. 17--Solutia Inc. announced today that it and 14 of its U.S. subsidiaries have filed voluntary petitions for reorganization under Chapter 11 of the U.S. Bankruptcy Code.

Housing Starts Rise In November

Washington, DC, Dec. 16--Housing starts rose 4.5% to a seasonally adjusted annual rate of 2.070 million homes in November, the Commerce Department said Tuesday.

Greenspan: China Isn't Costing U.S. Jobs

Washington, DC, Dec. 15--Federal Reserve Chairman Alan Greenspan said Thursday that a rise in the value of China's currency against the dollar probably would have little impact on America's soaring trade deficit or the loss of U.S. manufacturing j