May 18, 2013
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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.
Armstrong Refinances Credit Agreement
Lancaster, PA, March 18, 2013 -- Armstrong World Industries said it has closed on a new $1.275 billion senior secured credit facility.
Multilayer Association Has Eight New Members
Munich, Germany, March 18, 2013 -- The Multilayer Modular Flooring Association, founded at the end of October 2012, now has 15 fellow compaigners and eight new members.
Manufacturing Rebounds in February
Washington, DC, March 15, 2013 -- Manufacturing rebounded in February, another sign the economy may be continuing to improve, Federal Reserve said.
Overall Inflation Still Low Despite Gasoline Hike
Washington, DC, March 15, 2013 -- U.S. consumer prices rose the most in nearly four years in February due largely to increasing gasoline prices, according to the Labor Department.
Consumer Sentiment Declines in Early March
Ann Arbor, MI, March 15, 2013 -- The University of Michigan-Thomson Reuters consumer-sentiment reading fell to a preliminary March reading of 71.8, the lowest level since December 2011.
Regulations Still a Problem for Builders: NAHB
Washington, DC, March 14, 2013 -- Federal agencies are circumventing the intent and the letter of a law to make the regulatory process more cost effective and less burdensome for small businesses, the a builders' group said.
Nourison Displays Coincide with Fashions Market
New York, NY, March 15, 2013 -- Nourison is kicking off the New York Home Fashions Market with two window displays at its showroom in Manhattan.
Scott Humphrey Tapped to Lead WFCA
Anaheim, CA, March 13, 2013--Scott Humphrey has been named as the new president and CEO of the World Floor Covering Association, effective April 1.
Foreclosure Starts Rise, Repossessions Plunge
Irvine, CA, March 14, 2013 -- Foreclosure starts increased in February although repossessions plunged 29% from a year earlier to the lowest level since 2007, according to tracking firm RealtyTrac.
Initial Jobless Claims Fall Again
Washington, DC, March 14, 2013 -- Initial jobless claims dropped again last week, to 332,000, according to the Labor Department.
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