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 Spending Flat in August

Washington, DC, Sept. 29, 2008--Despite a big rebound in auto sales, U.S. consumer spending was flat in August, the third consecutive month of weak consumption, the Commerce Department reported Monday.

Pakistan's Carpet Exports Slide

Karachi, Pakistan, Sept.29, 2008--Pakistan's carpet exports declined by 22 percent during August due to rising cost, internal strife and high competition in the international market.

Second Quarter GDP Revised Downward

Washington, DC, Sept. 26, 2008--Weaker spending by consumers and businesses in the second quarter caused a donward revision od GDP in the second quarter.