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.

Prosecutor: Stewart Left Evidence Of Lies

New York, NY, Mar. 2--Telling careful lies but making careless mistakes, Martha Stewart and her stockbroker were bent on keeping investigators from the truth about why the homemaking icon sold stock, a federal prosecutor said Monday.

Furniture War Snarls Retailers, Consumers

New York, NY, Mar. 1--Crate & Barrel, J.C. Penney Co. Inc., Rooms to Go and more than 60 other retailers say the proposed furniture duty could double prices and turn off customers.

Manufacturing Growth Slows

Tempe, AR, Mar. 1— Economic activity in the manufacturing sector grew in February for the ninth consecutive month, while the overall economy grew for the 28th consecutive month.

Construction Spending Slides

Washington, DC, Mar. 1--Spending on new construction slid unexpectedly in January, a Commerce Department report showed on Monday, reflecting continued weakness in commercial building.

Spending, Income Rise

Washington, D.C., Mar. 1--Consumers' spending and income rose in January but the pace slowed. A decrease in taxes helped boost disposable personal income and the personal savings rate.

Home Depot Increases Share Repurchase Program

Atlanta, GA, Feb. 27-- Home Depot's board of directors declared a quarterly cash dividend of seven cents per share and an increase in its authorized share repurchase program of $1 billion.