February 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.
Jobless Claims Fall Slightly Last Week
Washington, DC, Jan. 8, 2015 -- Initial claims for unemployment benefits fell slightly last week and remained below 300,000, according to the Labor Department.
Oil Plunge Could Hurt Home Prices in Some Areas
New York, NY, Jan. 7, 2015 -- Although home prices have continued to rise, plunging oil prices could cause a slow-down in price appreciation in some markets, according to analysis firm CoreLogic.
Private Employers Hire More Than Expected in December
Roseland, NJ, Jan. 7, 2015 -- U.S. private employers added 241,000 jobs in December, according to payrolls processor ADP.
Mortgage Application Volume Declines Sharply
Washington, DC, Jan. 7, 2015 -- Mortgage application volume fell 9.1% last week from two weeks ago, according to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey.
Nemo Tile Names Juranich CEO
New York, NY, Jan. 7, 2015 -- Frank Juranich has been named COO of Nemo Tile Co.
Former Burtco President Kokoszka Dies
East Ridge, TN, Jan. 6, 2015 -- Robert Edward Kokoszka, 76, of East Ridge, died early Friday, Jan. 2.
WONZ To Show New Fiber Technology at Surfaces
Marietta, GA, Jan. 6, 2015 -- Wools of New Zealand said it will exhibit rugs colored with gold to introduce a new fiber technology at Surfaces 2015 Jan. 20-23.
Domotex To Feature Innovations in All Categories
Hannover, Germany, Jan. 6, 2015 -- Domotex 2015, which runs Jan. 17-20, will once again feature the best of floorcovering in all categories.
Apartment Vacany Rate Flat in Fourth Quarter
New York, NY, Jan. 6, 2015 -- The U.S. apartment vacancy rate was flat in the fourth quarter, although rent prices continued to increase, according to real estate research firm Reis Inc.
Flooring America Holding Bi-Annual Meeting
National Harbor, MD, Jan. 6, 2015 -- Flooring America/Flooring Canada is holding its bi-annual meeting this week called conneXtion for its more than 500 independent floor covering retailers.
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