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.

Consumer Confidence Steady

New York, NY, June 25--Consumers are feeling increasingly confident in the future health of the economy, but that optimism is tempered by doubts about current business conditions, a private research group reports.

Home Depot Plans Northeast Expansion

Atlanta, GA, June 25--Home improvement retailer Home Depot plans to add 31 stores in the U.S. Northeast this year, and is studying plans for its first store in New York's Manhattan borough, a store executive said on Tuesday.

Buffett Attends Opening of Vegas Furnishings Store

Las Vegas, NV, June 25--More than 41 years after he first visited the city as a young honeymooner, businessman Warren Buffett returned to Las Vegas to mark the opening of his latest successful business venture, as reported in the Las Vegas Review-Journal.

Home Depot Says Fiscal Year Projection On Track

Atlanta, GA, June 25--Home Depot Inc. Chief Financial Officer Carol Tome reiterated the home improvement giant's guidance that earnings will increase 9% to 14% on a sales increase of 9% to 12% for the fiscal year ending January 2004.

Existing Home Sales Rise

Washington, DC, June 25--Existing single-family home sales rose in May and were at the third-highest monthly pace on record, according to the National Association of Realtors.

Asbestos Bill Advances

Washington, DC, June 25--Senators took a major step on Tuesday toward setting up a national fund to pay asbestos injury claims now clogging the courts as the Judiciary Committee agreed on the medical criteria for compensation.

Durable Goods Orders Slip

Washington, DC, June 25--Durable-goods orders unexpectedly fell in May, led by lower capital goods, electrical equipment and transportation orders, suggesting the manufacturing sector's recovery remains fragile.

Disaster Restoration Pros To Meet In Chicago

Millersville, MD, June 23--Leading professionals in restoring residential and commercial property damaged by fire, smoke, vandalism, and other disasters will convene in Chicago on September 18 through 20 for the industry’s State of the Art Conference.