Business Inventories Up 0.3% in April
Washington, DC, June 15—-Business inventories rose 0.3% in April, falling slightly from the month-ago level of 0.5%, according to the Commerce Department.
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.
Oregon Company Salvages Logs from Columbia River
St. Helens, OR, June 15--In the depths of the Columbia River, one company has found a scarce commodity -- old-growth logs.
Home Depot Expands Online Offerings
Atlanta, GA, June 15--Home Depot, according to the Atlanta Journal-Constitution, has doubled its online selections to nearly 24,000 items in the past year.
Priceless Afghan Carpets Stolen, Replaced with Fak
Kabul, Afganistan, June 15--Three large carpets were stolen from an ancient Afghan mosque by thieves who came in the middle of the night and replaced them with cheap imitations, a local police chief said Wednesday.
NWFA: Rustic Wood Species Remain Popular
St. Louis, MO, June 15—-The National Wood Flooring Association reports that while many homeowners are familiar with common wood flooring species such as white and red oak, one of the hottest trends in wood flooring right now is rustic species.
Commercial Real Estate Market on Uptrack with Lowe
Washington, DC, June 15--The commercial real estate market is improving as vacancy rates decline and rents firm up in all four commercial market sectors, according to the National Association of Realtors Commercial Real Estate Spotlight.
Interforest OKs Tentative Labor Agreement
Darlington, PA, June 15--A spokeswoman from Interforest, Ltd., announced a tentative agreement Tuesday with union workers, who have been on strike since May 8.
CPI Drops 0.1% in May
Washington, DC, June 15—-The consumer price index fell 0.1 percent in May after rising 0.5 percent in April, according to the Labor Department. The core index, which excludes food and energy, rose 0.1 percent in May.
Fire Guts Carpet Warehouse In Orlando
Orlando, FL, June 15--A three-alarm fire gutted a tile and carpet warehouse in northwest Orange County, sending plumes of smoke that could be seen for miles around, according to the Orlando Sentinel.
Retail Sales Up 0.2% in May According to NRF
Washington, DC, June 15--While unseasonably cool weather affected sales of some spring merchandise, it didn't alter sales of home goods, which continued to bring consumers to stores last month.