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.

New Zealand Wool Carpet In TV Decorator Show

Atlanta, GA, May 11, 2006—This fall on Designer’s Challenge—a decorating series on Home and Garden Television (HGTV)—designer Teri Mulmed, owner of DoDaz, Inc. in Scottsdale, Arizona, takes advantage of wool’s aesthetic and functional qualities.

NAM Slams Treasury For Ignoring China Currency

Washington, DC, May 11, 2006--The National Association of Manufacturers announced its disappointment that the U.S. Treasury Department chose once again not to cite China for currency manipulation in today’s Treasury Report to Congress.

Poll: Entrepreneurs Also Innovators

Washington, DC, May 11, 2006--That small business on the corner might appear to be just another little enterprise trying to make its way in the American marketplace, but it might also be creating something that could change our lives forever.

Fed Raises Rates to 5%

Washington, DC, May 10, 2006--The Federal Reserve raised interest rates by a quarter percentage point to 5% on Wednesday and left the market in the dark about whether it would raise rates again.

J.C. Penney 1Q Earnings Up

Plano, TX, May 11, 2006--J.C. Penney Co., reported a 22% jump in first-quarter earnings, helped by tighter spending controls and improved gross margins.

North Carolina Judge Bars Cleaning Firm

Raleigh, NC, May 11, 2006--A carpet and air duct cleaning company that authorities say used misleading advertisements and illegal bait-and-switch tactics has been barred from operating in North Carolina.

Retail Sales Up in April

Washington, DC, May 11, 2006--Retail sales increased 0.5% in April, but most of the increased spending was at the gas pump, the Commerce Department said Thursday.