Jan 12, 2004 Issue #18

Cover Story

Shrinking rugs helping sales

Rug companies 'shrunk' their businesses in 2003 and, as a result, the industry was able to eke out a 2 percent increase to $4.8 billion in total sales over the prior year. Players can thank their smaller sized offerings — mainly 2' x 3' and 3' x 5' accents and scatter rugs — for the upswing in a year otherwise plagued by a slow economy, war in Iraq and stubborn un...