August 21, 2014
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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.
GDP Contracts Sharply in First Quarter
Washington, DC, June 25, 2014 -- The economy contracted substantially in the first quarter, mostly due to the harsh winter weather, according to the Bureau of Economic Analysis.
Demand for Mortgages Falls Last Week
Washington, DC, June 25, 2014 -- Mortgage application volume fell last week as both purchase and refinancing applications declined, according to the Mortgage Bankers Association.
USGBC Events Team Gets Sustainability Certification
Washington, DC, June 25, 2014 -- The U.S. Green Building Council said that its Conference and Events team has earned certification in a new standard, signifying excellence in sustainable event planning and management.
PID Floors Opens New Showroom in New York
New York, NY, June 25, 2014 -- Hardwood firm PID Floors hosted a grand opening of its new flagship showroom in New York City’s Flatiron District June 12.
May New Home Sales Rise More Than Expected
Washington, DC, June 24, 2014 -- New homes sales increased at the fastest pace in six years in May, according to the Commerce Department.
Shaw To Build New Carpet Recycling Plant
Dalton, GA, June 24, 2014 -- Shaw Industries said it will invest $17 million to build a new Evergreen recycling plant in Ringgold, Georgia.
Home Prices Rise in April but at Slower Pace
New York, NY, June 24, 2014 -- Home prices in 10 major U.S. cities increased 10.8% in the year ended in April, according to the S&P/Case-Shiller Home Price Index.
Consumer Confidence Rises in June
New York, NY, June 24, 2014 -- The Conference Board Consumer Confidence Index improved again in June.
Tile Outlets of America Names VP of Purchasing
Atlanta, GA, June 24, 2014 -- Kathryn Spencer has been hired as vice president of purchasing and business development for Tile Outlets of America.
Government Says House Prices Flat in April
Washington, DC, June 24, 2014 -- The Federal Housing Finance Agency reported that its monthly House Price Index showed no change in U.S. house prices for April from the prior month.
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