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.

50 Million Visited Blogs in 1Q 2005

Reston, VA, August 11--A new report found that nearly 50 million Americans, or about 30 percent of the total U.S. Internet population, visited blogs in Q1 2005, an increase of 45 percent compared to Q1 2004.

Business Sales Up, Inventories Steady

Washington, DC, August 11--Businesses inventories held steady in June and rising sales pushed the stocks-to-sales ratio down to a record low, the government said on Thursday.

Retail Sales Up 1.8%

Washington, DC, August 11--Retail sales rose 1.8% in July as auto sales enjoyed the strongest growth in nearly four years, according to the Commerce Department.

Fed Ups Rates to 3.5%, No Hint of Pause

Washington, DC, August 10--The Federal Open Market Committee raised its target for short-term interest rates Tuesday by a quarter percentage point to 3.5% and gave no hint that it is interested in stopping anytime soon.