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.

Majority of Internet User Watch Online Video

Majority of Internet User Watch Online Video

Reston, VA, July 18, 2007--comScore today released its comScore Video Metrix report for May 2007, revealing that nearly 75 percent of U.S. Internet users watched an average of 158 minutes of online video per user during the month.

Architecture Billings Index Hits 1 Year High

Architecture Billings Index Hits 1 Year High

Washington, DC, July 18, 2007--Following an almost three- point spike in May, the Architecture Billings Index zoomed up more than four points in June, reaching its highest mark of the year.

June Housing Starts Up 2.3% After May Decline

June Housing Starts Up 2.3% After May Decline

Washington, DC, July 18, 2007--Housing starts rose 2.3% to a seasonally adjusted 1.467 million annual rate in June, according to the Commerce Department. In May starts were off 3.4% to 1.434 million, adjusted from an originally estimated 2.1% decline.

Report: KKR Mulling Macy's

Report: KKR Mulling Macy's

New York, NY, July 18, 2007--Private equity firm Kohlberg Kravis & Roberts Co. is studying a bid to buy Macy's Inc. for about $24 billion, according to an online trade report.

Consumer Prices Index Up 0.2%

Consumer Prices Index Up 0.2%

Washington, DC, July 18, 2007—The consumer prices index rose 0.2% in June, the smallest gain in five months, according to the Labor Department.

Rona May Get Takeover Bid from Lowe's

Rona May Get Takeover Bid from Lowe's

Montreal, Quebec, July 18, 2007--Canadian hardware retailer Rona Inc. could face a takeover bid from Lowe's within the next six months, says an industry watcher.