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.


Unemployment Applications at Three-Month Low   Full Article
Washington, DC, March 6, 2014 -- Initial applications for unemployment benefits dropped 26,000 last week to a seasonally adjusted 323,000, the lowest level in three months, according to the Labor Department.

NAHB Likes New Flood Insurance Bill   Full Article
Washington, DC, March 6, 2014 -- The National Association of Home Builders has praised the House for passing flood insurance legislation that will benefit home buyers and home owners.

Factory Orders Dip in January   Full Article
Washington, DC, March 6, 2014 -- Factory orders fell in January for a second straight month, according to the Commerce Department.

Private Employers Add 139,000 Jobs in February   Full Article
Roseland, NJ, March 5, 2014 -- Private employers in the U.S. added 139,000 jobs in February, according to the monthly ADP National Employment Report.

Deutsche Messe Launching Trade Show in Turkey   Full Article
Hannover, Germany, March 5, 2014 -- The Turkish subsidiary of Deutsche Messe is launching a new trade fair in Turkey dedicated to machine-made carpets.

Mortgage Applications Surge Last Week   Full Article
Washington, DC, March 5, 2014 -- Mortgage applications rebounded last week to climb 9.4% from one week earlier, according to the Mortgage Bankers Association.

Builder Hovnanian Reports Higher Loss   Full Article
Red Bank, NJ, March 5, 2014 -- Homebuilder Hovnanian Enterprises reported a net loss of $24.5 million, or $0.17 per common share, for the first quarter, compared with a net loss of $11.3 million, or $0.08 per common share, a year ago.

Lorberbaum Moves Up on Forbes Billionaires List   Full Article
New York, NY, March 4, 2014 -- Jeffrey Lorberbaum, president and CEO of Mohawk Industries, is again on the list of the world's billionaires published by Forbes.

Services Sector Growth Slows in February   Full Article
Washington, DC, March 5, 2014 -- The U.S. services sector grew at a slower pace in February, accoring to the Institute for Supply Management.

House Prices Rise in January   Full Article
New York, NY, March 4, 2014 -- U.S. house prices rose in January, according to real estate data firm CoreLogic.