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.

Mortgage Rates Fall Again Last Week   Full Article
Washington, DC, April 17, 2014 -- Average 30-year mortgage rates fell to 4.27% from 4.34% last week, according to Freddie Mac.

QEP Subsidiary Acquires French Tile Tools Business   Full Article
Boca Raton, FL, April 16, 2014 – Q.E.P. Co. said it’s wholly-owned French subsidiary PRCI completed the purchase of the Tomecanic and Bénètiere trade names and other assets of the two businesses.

ALJ Acquires Floors N More of Las Vegas   Full Article
Las Vegas, NV, April 17, 2014 -- ALJ Regional Holdings said it has completed the acquisition of Floors N More, doing business as Carpets N' More.

Atlanta Rug Market Set July 9-12   Full Article
Atlanta, GA, April 17, 2014 -- Atlanta International Area Rug Market is scheduled for July 9-12 at the AmericasMart.

Manufacturing Sentiment Up Sharply in April   Full Article
Philadelphia, PA, April 17, 2014 -- Manufacturing sentiment in the Philadelphia region improved in April, according to the Philadelphia Fed’s manufacturing index.

Initial Jobless Claims Tick Up Last Week   Full Article
Washington, DC, April 17, 2014 -- Initial claims for state unemployment benefits edged up to 304,000 last week, according to the Labor Deparment.

Sherwin-Williams Reports Higher Sales, Lower Income   Full Article
Cleveland, OH, April 17, 2014 -- The Sherwin-Williams Company reported that first quarter net sales increased $199.4 million, or 9.2%, to $2.37 billion, due primarily to higher paint sales volume and acquisitions.

Housing Starts Rise in March   Full Article
Washington, DC, April 16, 2014 -- Housing starts rose 2.8% in March to a seasonally adjusted rate of 946,000, according to the Commerce Department.

Mortgage Application Volume Up on Refinancing   Full Article
Washington, DC, April 16, 2014 -- Mortgage application volume rose 4.3% last week from the week before, according to the Mortgage Bankers Association’s weekly survey.

Building Permits Decrease in March   Full Article
Washington, DC, April 16, 2014 -- Building permits fell 2.4% in March to an annual rate of 990,000.