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.

HGTV Leads Home and Garden Websites in April Visit

New York, NY, June 21--Spring brought double-digit increases in visits to four home and garden web sites in April, according to Nielsen/NetRatings. HGTV experienced the largest increase, with visits climbing 39% to 3.9 million from 2.8 million a year earl

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.

Feltex Cuts Profit Forecast, CEO to Leave

Wellington, New Zealand, June 20--Carpet maker Feltex Carpets Ltd. said Monday that its board is making senior management changes and will conduct a "wide ranging" review of all of the company's operations, following recent "unsatisfactory" financial

Steelcase Posts 1Q Profit

Grand Rapids, MI, June 20—Steelcase, Inc. posted a quarterly profit after a year-earlier loss, helped by recovering demand for office furniture in the United States.

Home Depot Shares in Holding Pattern

Home Depot stock was a raging bull in the 1990s as the company grew into the planet's largest home improvement chain. A share bought for less than $2 in early 1990 was worth almost $70 by decade's end.

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.

Minneapolis Fed President Sees No Reason to End Ti

Tokyo, Japan, June 20--Federal Reserve Bank of Minneapolis President Gary Stern sees no reason for the Federal Reserve to stop raising interest rates now as the economy expands at a desirable pace, a Japanese newspaper reported on Monday.