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.

Nepali Carpet Association Unhappy Over Delisting

Kathmandu, Nepal, August 10--The announcement of delisting of the carpet industries from the category of cottage industry by the Nepali government will be harmful to the sector, according to a trade association.

ASID Survey Says Homeowners Are Ready to Go Green

Washington, DC, August 10--Six out of 10 U.S. homeowners say they would consider integrating sustainable design practices into a future home improvement project, provided those enhancements were cost-competitive.

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.

Federated's 2Q Earnings Nearly Double

Cincinnati, OH, August 10--Federated Department Stores said its earnings nearly doubled in its second quarter, and the company sees sales growth picking up in the second half of the year.

USGBC Files for ANSI Accreditation

Washington, DC, August 10--The U.S. Green Building Council (USGBC) has filed an application with the American National Standards Institute (ANSI) to become an ANSI accredited national standards developer.

Mortgage Applications Off Last Week

New York, NY, August 10--Applications for home mortgages fell last week, its third consecutive drop, as refinancing activity waned and interest rates reached four-month highs, industry group figures showed on Wednesday.

Sailor Wins The Great Stainmaster Carpet Sweepstak

Atlanta, GA, August 10--A U.S. Navy man providing support to U.S. troops in the Iraq war has won the Great Stainmaster Carpet Sweepstakes and has been awarded the grand prize of new, fashionable carpet and related products and services valued at up to $5,