Greenspan Sees Gradual Rate Hikes
Washington, July 21--Fed Chairman Alan Greenspan said today the U.S. central bank aims to continue raising interest rates at a gradual clip over the next 18 months or so.
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.
Home Depot’s Online Overhaul a Winner
Atlanta, July 20--Home Depot's large size and brand recognition finally appear to be paying off online, according to the Atlanta Journal-Constitution.
Tarkett Wood Featured in Southern Living Idea Hous
Johnson City, TN, July 20--Tarkett Wood has announced that its Artisan Hand-Scraped Maple Coffee engineered flooring is being featured in the 2004 Southern Living Idea House in Athens, Georgia.
Home Builders Largely Upbeat Despite Numbers
Washington, DC, July 20--Indicating that single-family home builders remain largely upbeat regarding conditions in the new-homes market, the monthly National Association of Home Builders/Wells Fargo Housing Market Index (HMI) edged down a single point to
Housing Starts Off 8.5%
Washington, July 20--Home construction took its biggest tumble in more than a year during June, as mortgage rates crept upward and hiring weakened. Building permits, which provide a glimpse of future demand, also fell sharply.
Torlys Intros Laminate Tiles with Ceramic Look
Mississauga, Ontario, July 20--Torlys is introducing eight new “easy living” ceramic and natural stone-look STEPS™ LaminateTile floors.
New Shaw Rug Collection Says More With Less
Dalton, GA, July 20--Versant, a new tufted area rug collection from Shaw Living, was specifically designed to say “More with less” by utilizing pleasing natural textures combined with current and fresh colors to achieve a soft yet vibrant statement.
New York Retailer To Close
Oneonta, NY, July 20--After half a century in business, a downtown home improvement store is rolling up its carpets, according to the Daily Star, Oneonta, NY.
Freeborders, INVISTA Open Online Catalog for Fiber
San Francisco, CA and Wilmington, DL, July 20—Freeborders and INVISTA have launched FAST(TM), a global online catalog of fibers and fabrics at www.FASTextile.com.
Hanley Wood: Surfaces 85% Sold Out
Dallas, TX, July 20-- Sales for Surfaces 2005 are under way and the event is poised to be one of the biggest shows to date, according to Hanley Wood Exhibitions, the owner of the floor covering industry’s largest trade show.