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.

Freddie Mac Looks Ahead

Washington, DC, April 18--Here are some highlights from Freddie Mac’s April 2005 Economic Outlook released last week.

Import Prices Up 1.8% in March

Washington, DC, April 15—-Import prices rose 1.8 percent in March, a rise that followed a 0.8 percent increase in February, according to a Labor Department report issued today.

Consumer Sentiment Falls

Ann Arbor, MI, April 15--The University of Michigan's consumer sentiment index fell to 87.7 in mid-April from 92.6 in March, according to media reports on the proprietary research.

Earnings Drop 43% at Propex in 2004

Austell, GA, April 15--Propex Fabrics Inc. reported income for the year 2004 before taxes of $8.3 million compared with the $14.6 million it has earned in 2003, a decrease of 43.2%.