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.

CARE Seeking Funding for Carpet Recycling Projects

Dalton, GA, August 10--Carpet America Recovery Effort (CARE) has issued a request for proposals to seek a consultant to identify sources of public and private funding and financing and obtain monies for innovative carpet reuse and recycling activities co

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.

Productivity Growth Slows

Washington, DC, August 9--Productivity in the second quarter rose at a 2.2% annual rate, according to the Labor Department.

Chain Store Sales Off Last Week

New York, NY, August 9--Chain store retail sales fell 0.8 percent in the week ended Aug. 6, compared with a 0.9 percent increase the previous week, the International Council of Shopping Centers and UBS said in a joint report.