March 27, 2015
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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 Prices Rising 13 Times Faster than Wages
New York, NY, March 27, 2015—Home prices are increasing 13 times faster than wages, according to a report from RealtyTrac.
Consumer Confidence Declined in February, Though Less than Expected
Ann Arbor, MI, March 27, 2015—Consumer confidence fell to 93 from 95.4 in February, according to a University of Michigan survey.
Jobless Claims Decrease
Washington, DC, March 27, 2015—Jobless claims fell by 9,000 last week, according to a Labor Department report.
LL Under Investigation by Consumer Product Safety Commission
Bethesda, MD, March 26, 2015—Lumber Liquidators is under investigation by the U.S. Consumer Product Safety Commission, reported commission chairman Elliot F. Kaye in a conference call.
Florim Group Joins Intrapresæ Collezione Guggenheim
Fiorano Modenese MO, ITA, March 26, 2015--The Florim Group has joined forces with Intrapresæ Collezione Guggenheim, a group of companies who support the Peggy Guggenheim Collection's exhibitions and activities since 1992.
Shaw #8 on Forbes' America's Best Employers 2015 List
Dalton, GA, March 26, 2015—Shaw Industries has been ranked number eight out of 500 companies named to Forbes’ list of America’s Best Employers 2015.
Ecore Appoints Sage Vice President of Sales as Dowling Retires
Lancaster, PA, March 26, 2015—Ecore has hired Michael Sage as the new vice president of sales.
U.S. Customs Destroys Patent Infringing Laminates
Dallas, TX, March 25, 2015—United States customs officials continue to seize and destroy containers of laminate flooring that are using Unilin’s patented click technology without authorization.
Durable Goods Orders Dropped in February
Washington, DC, March 25, 2015—New orders for durable goods fell $3.2 billion or 1.4% to $231.3 billion in February, the U.S. Census Bureau announced.
Consumer Price Index February Increase Is First Since October
Washington, DC, March 25, 2015—Consumer prices rose 0.2% in February and were flat compared to the prior year, according to the Labor Department.
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