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 Mortgage Applications Increase   Full Article
Washington, DC, March 4, 2015—Applications for U.S. home mortgages edged up last week as interest rates dipped according to Mortgage Bankers Association (MBA) figures, Reuters reports.

High Point Announces Spring Seminar Schedule   Full Article
High Point, NC, March 4, 2015--IMC has announced its seminar schedule for High Point, which runs from April 18-23.

Commercial and Multifamily Mortgage Figures Improve   Full Article
Washington, DC, March 4, 2014—The performance of commercial and multifamily mortgages continued to improve during the fourth quarter, according to data from the Mortgage Bankers Association (MBA), reports Mortgage Servicing News.

January Construction Spending Trends Slightly Downward   Full Article
Washington, DC, March 3, 2015—Construction spending during January was estimated at a seasonally adjusted rate of $971.4 billion, 1.1% below the revised December estimate of $982.0 billion, reported the U.S. Census Bureau of the Department of Commerce.

Home Prices Up in January   Full Article
Washington, DC, March 3, 2015—U.S. home prices rose 1.1% in January, reports MarketWatch. This amounts to a year-over-year gain of 5.7% says CoreLogic, which conducted the report.

DuPont Receives Bio Business Award for Sorona   Full Article
Amsterdam, NL, March 3, 2015—DuPont received the 2015 Bio Business Award for Breakthrough Bio-Based Technology Platform for its Sorona biopolymer at the World Bio Markets Conference awards ceremony in Amsterdam.

Personal Spending Drops in January   Full Article
Washington, DC, March 3, 2015—U.S. personal spending declined for the second consecutive month in January, reports Nasdaq.

Shaw Employees Recognized with Women in Manufacturing Award   Full Article
Dalton, GA, March 3, 2015—Shaw employees Kellie Ballew; Reesie Duncan; and Deanna Mathis are being recognized with the Women in Manufacturing STEP (Science, Technology, Engineering and Production) Award.

Lumber Liquidators Laminate Reported Noncompliant on 60 Minutes   Full Article
New York, NY, March 2, 2015-- CBS’s 60 Minutes aired a program in which it reported that independent testing of Chinese-made Lumber Liquidators laminate flooring revealed 30 of 31 samples to be noncompliant with formaldehyde emissions standards.

Lumber Liquidators Stock Price Tumbles to Below 40   Full Article
Englewood Cliffs, NJ, March 2, 2015—Trading of Lumber Liquidators stock was halted briefly Monday morning and then continued to tumble throughout the day.