March 5, 2015

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Today's 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 Rental Prices Increase in January   Full Article New York, NY, Feb. 20, 2015 -- Home rental prices continued to rise in January across the country, although they remained flat in some areas of the Midwest and Mid-Atlantic, real estate data firm Zillow said.

NWFA Trade Show Floor Sells Out   Full Article St. Louis, MO, Feb. 20, 2015 -- With 10 weeks to go until its 2015 Wood Flooring Expo in April, the National Wood Flooring Association said the trade show floor has sold out, with 462 booths registered to 257 companies.

Propex Backing on Carpet in Domotex Innovations Area   Full Article Chattanooga, TN, Feb. 20, 2015 -- Propex said that its backing on carpet made by Edel Tapijt was selected for the innovative products area at Domotex.

Low Downpayment Mortgage Fails to Lure Buyers   Full Article Irvine, CA, Feb. 19, 2015 -- The 3% downpayment mortgage wasn't very popular last year, according to real estate tracking firm RealtyTrac.

Interface Reports Higher Income, Sales in Quarter   Full Article Atlanta, GA, Feb. 19, 2015 -- Interface, Inc. reported fourth quarter net income of $15.8 million, or $0.24 per share, compared to net income of $13.0 million, or $0.20 per share, a year ago.

Initial Jobless Claims Back Under 300,000   Full Article Washington, DC, Feb. 19, 2015 -- Initial claims for unemployment benefits fell by 21,000 to a seasonally adjusted 283,000 in the week ended Feb. 14, the Labor Department said.

Leading Economic Indicators Tick Higher in January   Full Article New York, NY, Feb. 19, 2015 -- Leading U.S. economic indicators edged up 0.2% in January, according to the Conference Board.

Home Affordability Improves in Fourth Quarter   Full Article Washington, DC, Feb. 19, 2015 -- Slightly lower interest rates and home prices in markets across the country contributed to a slight increase in nationwide housing affordability in the fourth quarter.

Philadelphia Manufacturing Grows at Slower Rate   Full Article Philadelphia, PA, Feb. 19, 2015 -- Manufacturing in the Philadelphia region grew at the slowest pace in 12 months in February, according to the Federal Reserve Bank of Philadelphia.