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.

Marble Institute Of America Signs On As Coverings

Alexandria, VA, Dec. 11--Coverings, the preeminent showcase for ceramic tile and natural stone floorcoverings, announced today that the Marble Institute of America (MIA) will serve as a co-sponsor of Coverings 2004.

Low Income Mortgage Assistance Act Goes To Preside

Washington, DC, Dec. 11--Approximately 80,000 low-income families will receive millions in grants over the next two years to help them pay downpayment and closing costs on their first home under legislation backed by the National Association of Realtors.

3M CEO Sees Signs Of Modest U.S. Growth

St. Paul, MN, Dec. 11--3M Co.'s chairman and chief executive said on Wednesday that the maker of Post-It notes, sandpapers and other products is seeing modest signs of an economic pickup.

Wholesale Inventories Rise

Washington, DC, Dec. 9--Wholesale inventories rose in October by the largest amount in ten months as companies beefed up auto stocks.

Fed Not In Hurry To Raise Interest Rates

Washington, DC, Dec. 9--The Federal Reserve left interest rates at a 45-year low Tuesday and retained its controversial commitment to keep interest rates low for a "considerable period."