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.

Omnova Solutions 2Q Earnings Up

Fairlawn, OH, June 21--Omnova Solutions Inc. said its second quarter earnings shot up to $3.6 million, or 9 cents per share, from $300,000, or a penny per share, last year.

New Jersey Legislators Seek Sales Tax on Carpet In

Trenton, NJ, June 21—-Senate Democrats in New Jersey are pushing a $175 million expansion of New Jersey's 6 percent sales tax to include everything from carpet installations to gym memberships and Internet downloads, according to the Express-Times.

US Manufacturers Predict Gains from CAFTA

New York, NY, June 21--U.S. manufacturers expect higher exports from the passage of the Central American Free Trade Agreement, or CAFTA, while critics say the pact is nothing more than another way for multinational companies to ship U.S. jobs to other cou

Growth in Health Care Spending Stabilized in 2004

New York, NY, June 21--The growth rate in health care costs for privately insured Americans leveled off during 2004 but was still problematic because it outpaced the rate of inflation, according to a study released Tuesday.

Leading Indicators Decline

New York, NY, June 20--The Conference Board reports today that the Composite Index of Leading Economic Indicators declined 0.5% in May, following no change in April, and a 0.6% decline in March.