MoreCHATTANOOGA -- The carpet and flooring industry is typically one of the leading economic indicators pointing to a recession or recovery, and the founder and former chief executive of Shaw Industries said things are looking up.
Bob Shaw, who founded the Dalton, Ga.-based flooring manufacturer in 1960, spoke Thursday to the Chattanooga Rotary Club and expressed his feelings about the current economy.
"The carpet industry always leads into a recession and is always the first to lead us out," he said. "I am convinced we bottomed out in April." Want the whole story?
Bob Shaw, who founded the Dalton, Ga.-based flooring manufacturer in 1960, spoke Thursday to the Chattanooga Rotary Club and expressed his feelings about the current economy.
"The carpet industry always leads into a recession and is always the first to lead us out," he said. "I am convinced we bottomed out in April." Want the whole story?
