Today's Flooring News

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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.

Q1 GDP Revised Up to 3.5%

Washington, DC, May 26--The economy grew at a 3.5% annual rate in the first quarter, up from the 3.1% rate estimated a month ago, according to the Commerce Department.

Bill Clinton A Carpetmaker?

New Delhi, India, May 26--He is a former US president, statesman and a politician, but did you know that Bill Clinton knows a thing or two about carpet making?

Asbestos Bill Expected to be Sent to Full Senate T

Washington, DC, May 26--Sponsors of the asbestos bill that would create a $140 billion compensation fund said on Thursday they aimed to clear the bill out of the Senate Judiciary Committee and send it to the full Senate within hours.

Help-Wanted Ad Index Unchanged

New York, NY, May 26--The Conference Board’s Help-Wanted Advertising Index – a key barometer of America's job market – was unchanged in April.

Costco 3Q Earnings Up 6%

Issaquah, WA, May 26--Costco Wholesale Corp. reported earnings for its third quarter that increased 6 percent, helped by improved sales and a moderate gain in business at locations open at least one year.

Ohio Retailer Indicted on Theft Charges

Lancaster, OH, May 26--A former Millersport business owner faces 21 counts of theft, including three against senior citizens, according to the Lancaster Eagle Gazette.

Federated & May Schedule Shareholder Votes

Cincinnati, OH, May 26--Federated and May Department Stores have set dates for shareholder meetings this summer at which they will seek endorsement of a planned $11 billion merger.

Texas Contractor Makes Entrepreneur Magazine's

Fort Worth, TX, May 26—-Commercial flooring and installation company Business Flooring Specialists of Ft. Worth has been named to the Entrepreneur magazine's "Hot 100" list of fastest growing new businesses in America.