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.

2Q GDP Expands 3.4%

Washington, DC, July 29—-GDP rose at an annual rate of 3.4% in the second quarter, according to the Commerce Department. In the first quarter, real GDP increased 3.8%.

House Passes CAFTA

Washington, DC, July 28--The House narrowly approved a controversial trade agreement with Central America early Thursday, handing President Bush a hard-fought trade victory.

Help-Wanted Ad Index Edges Up

New York, July 28--The Conference Board’s Help-Wanted Advertising Index – a key measure of job offerings in major newspapers across America – inched up in June.

StonePeak Signs Agreements with 30+ Distributors

Chicago, IL, July 28--StonePeak Ceramics, Inc., an American tile company that manufactures and markets high-quality porcelain ceramic tile for residential and commercial use, has signed distribution agreements with more than 30 distributors from around th

Beazer 3Q Earnings Up 89%

Atlanta, GA, July 28--Beazer Homes USA reported earnings in the third quarter that rose 89 percent to $112.7 million, or $2.50 per share, compared with $59.7 million, or $1.42 per share, a year before.

Nebraska Furniture to Expand its Kansas City Locat

Kansas City, MO, July, 28--Nebraska Furniture Mart plans a $28 million expansion at its Kansas City, store that will more than double the size of the company’s warehouse, according to the Kansas City Business Journal.

Feltex Earnings Up Before Costs of Exiting Manager

Wellington, New Zealand, July 28--Feltex Carpets Ltd., a New Zealand- based carpet maker that may start merger talks with its biggest rival, said full-year earnings rose as it increased sales and reduced rebates to retailers.